AVZ Discussion 2022
- Thread starter GazDix
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Samus
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We are determined to end the conflict in our country and use resources to get rid of it - President Tshisekedi
UN/Cia Pak
President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo, DRC addressing the main debate of the 77th meeting of the UN General Assembly
20 September 2022
Tumeazimia kumaliza mzozo nchini mwetu na kutumia rasilimali kujikwamua- Rais Tshisekedi
Rais Félix-Antoine Tshisekedi Tshilombo wa Jamhuri ya Kidemokrasia ya Congo, DRC amehutubia mjadala mkuu wa Baraza Kuu la Umoja wa Mataifa jijini New York, Marekani ikigusia mambo kadhaa ikiwemo amani na usalama mashariki mwa taifa lake pamoja harakati za kuinua uchumi wa nchi kupitia rasilimali...
news.un.org
Tumeazimia kumaliza mzozo nchini mwetu na kutumia rasilimali kujikwamua- Rais Tshisekedi
Rais Félix-Antoine Tshisekedi Tshilombo wa Jamhuri ya Kidemokrasia ya Congo, DRC amehutubia mjadala mkuu wa Baraza Kuu la Umoja wa Mataifa jijini New York, Marekani ikigusia mambo kadhaa ikiwemo amani na usalama mashariki mwa taifa lake pamoja harakati za kuinua uchumi wa nchi kupitia rasilimali...
Agreement between DRC and Zambia to process minerals without pollution
He said DRC is one of the main producers of important minerals in the transition period to get rid of fossil energy. Minerals such as Lithium, Cobalt, Nickel, Manganese, and have decided to process these minerals without damaging the environment, and so in April this year, DRC and Zambia signed an agreement to establish a value chain in the electric battery sector and the safe energy sector.He said considering the size of the project, the participation of partners especially in capital and technology will be important
Winenut
GO AVZ!!!!
We are determined to end the conflict in our country and use resources to get rid of it - President Tshisekedi
UN/Cia Pak
President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo, DRC addressing the main debate of the 77th meeting of the UN General Assembly
20 September 2022
Tumeazimia kumaliza mzozo nchini mwetu na kutumia rasilimali kujikwamua- Rais Tshisekedi
Rais Félix-Antoine Tshisekedi Tshilombo wa Jamhuri ya Kidemokrasia ya Congo, DRC amehutubia mjadala mkuu wa Baraza Kuu la Umoja wa Mataifa jijini New York, Marekani ikigusia mambo kadhaa ikiwemo amani na usalama mashariki mwa taifa lake pamoja harakati za kuinua uchumi wa nchi kupitia rasilimali...Agreement between DRC and Zambia to process minerals without pollution
He said DRC is one of the main producers of important minerals in the transition period to get rid of fossil energy. Minerals such as Lithium, Cobalt, Nickel, Manganese, and have decided to process these minerals without damaging the environment, and so in April this year, DRC and Zambia signed an agreement to establish a value chain in the electric battery sector and the safe energy sector.
He said considering the size of the project, the participation of partners especially in capital and technology will be important
Is this the person in question?
If so then back in DRC , photo 19th Sept Hopefully can sign off surface rights?
DRC: Minister of Mines suspends Director General of the mining cadastre for "insubordination" - Copperbelt Katanga Mining
The Minister of Mines, Willy Kitobo, has decided to suspend the Director General of Mining Cadastre (CAMI), Jean-Félix Mupande Kapwa. In a correspondence
copperbeltkatangamining.com
Carlos Danger
Top 20
This exact same article was published by them on August 3rd. I checked the link from a message with the story I sent to my friend on that day (screenshot below) and it now has today's date.Attention!The world's largest lithium mine has obtained a mining license, and many Chinese lithium giants are involved
All they have done is change the date of the article and republish it. Unless we really did receive the mining license 7 weeks ago and management just haven't gotten round to telling us then it is definitely fake news.
Samus
Top 20
Frank
Top 20
*To add, I see where,Lithium prices send battery metals stocks on a mission to the moon
Lithium stocks were the toast of the terrace today as West Australian lithium miners led the ASX materials sector to a 0.79% gain after one of the main price reporting agencies recorded lithium carbonate prices smashing the 500,000 Yuan barrier for the first time in China.
That was around US$71,315/t on Friday, according to Asian Metal, although other agencies have reported them higher.
That’s a more than tripling of prices over the last year according to Bloomberg, with continued shortages of supply for the lithium ion battery input showing why miners are trading at record highs right now.
Some which mine other commodities, like $13 billion iron ore and mining services play Mineral Resources, are even looking at spinouts, with analysts suggesting Chris Ellison’s company could extract more value ($17b) from a lithium spinout than its entire business.
The news also coincided with a visit to Australia by American lithium giant Albemarle, which divulged that it was looking to double the production capacity of its US$1.2 billion plus lithium hydroxide plant in Kemerton in WA’s South West.
Albemarle’s lithium president Eric Norris told The Australian prices would remain high this decade.
“It’s unlike any market that any of us have ever participated in the chemical industry or in the mining industry,” he said.
“The sheer magnitude of the shift that came out of the pandemic – from consumer preferences to government policies in China, the US and Europe – to incentivise the adoption of electric vehicles has been incredible. And then that’s been followed through by every single major automotive manufacturer around the world.”
Cue a run for local stocks.
View attachment 17015
View attachment 17016
View attachment 17018
Food for thought on the Road to Mining Manono Bro
GLTAH's
Cheers
Frank
Petra Capital increases share price targets for 6 advanced ASX lithium stocks
- Petra Capital is the latest to adjust its forecast lithium prices upwards
- This has a large impact on Petra’s ASX lithium stocks under coverage, with all of them expected to enjoy weighty share price gains
- Stocks under coverage include Anson, Sayona, Leo Lithium, Argosy, Essential, Core, and Galan
On Friday lithium carbonate hit a record of around US$71,315, with some saying prices could stay that high for the rest of the year.
Petra Capital is the latest to adjust its forecast lithium prices upwards following this robust action on the spot market and “ongoing expectations of stronger demand”.
“… we have increased our long-term price for lithium carbonate to $US20,000/t (US$15,000/t previously) from FY28,” Petra says.
“For spodumene we have increased our long-term price to US$1,000.”
This has a large impact on Petra’s ASX lithium stocks under coverage, with all of them expected to enjoy weighty share price gains.
Who’s in the bull pen?
ARGOSY
The share price target for near-term producer AGY jumps 59% to 85c per share, Petra says.
“AGY is fully funded to production of 2ktpa of LCE with construction 95% complete and first production expected next quarter,” it says.
ANSON RESOURCES
US-based project developer ASN jumps 165% from current levels to $1.02 per share, Petra says.“The recent major de-risking events have seen ASN gather much more investor attention and are likely to draw attention from US-based investors and offtakers.”
CORE LITHIUM
The near-term Aussie producer is the only one on the list with a HOLD recommendation.Petra believes it is fairly valued at $1.26 per share; a 12.5% discount to the current price.
“We have always seen a lot of like about CXO; Australian based (Darwin), near term production (this year), fully funded with strong leverage to higher prices, but it has remained fully valued in our view, even at our higher price forecast,” it says.
ESSENTIAL METALS
Petra’s ESS share price target rises 167% on current levels to $1.28 per share.“ESS has all the attributes one would look for; good geology, close to infrastructure, in an excellent jurisdiction (WA), and a team that has built mines before,” it says.
“It has already been the target of M&A.”
GALAN LITHIUM
With multiple catalysts on the horizon – JORC update, feasibility, permitting – brine play GLN has the highest upside, Petra says.It has increased GLN’s price target from $2.42 to $3.75 per share – up 174% on current levels.
LEO LITHIUM
Petra has whacked a $1.85 per share price target on the African hard rock play – that’s a big 143% increase on current levels.“Construction has started on a 500,000tpa mine with Ganfeng as offtaker,” it says.
LLL trades well below the median EV/Reserve (currently $2,158/t LCE) at $895/t LCE.
SAYONA LITHIUM
SYA also gets a BUY rating with a price target of 53c per share – a 100% increase on current levels.“SYA is restarting an existing spodumene operation in Quebec and has approval for a downstream lithium carbonate plant site,” Petra says.
“It will also develop a second site at Moblan for lithium hydroxide to supply the crucial North American EV supply chain.”
Pilbara Minerals smashes yet another record at its latest spodumene auction
In the latest and ninth auction of spodumene concentrate on Pilbara Minerals Battery Material Exchange platform, the company has pulled in an outrageous US$6988/t for 5000t of 5.5% Li20 concentrate.For context, that’s a single shipment raking in more than $52 million Aussie dollars.
Adjusted for the 6% benchmark grade normally used by reporters of lithium spot prices, the pull is US$7708/dmt CIF China.
Compare that to the first auction over a year ago, which was one of the biggest price discovery events in the young history of the battery lithium market, and pulled in US$1250/t for a 5.5% Li2O cargo.
Pilbara Minerals pulls US$7708/t in lithium auction and this rocket is showing no signs of slowing down
By the law of things what goes up must come down, but we seem to be waiting a long time for that to happen when it comes to lithium prices after Pilbara Minerals smashed another record with its latest spodumene auction.The latest and ninth auction of spodumene concentrate on PLS’ Battery Material Exchange platform has pulled in an outrageous US$6988/t for 5000t of 5.5% Li20 concentrate.
That is a single shipment raking in more than $52 million Aussie, the sort of haul iron ore miners would dream of raking in on one cargo.
Adjusted for the 6% benchmark grade normally used by reporters of lithium spot prices, the pull is US$7708/dmt CIF China.
What the actual?
Need a reminder of how this story has developed since the Pilgangoora miner, which delivered a record $561.8m full year profit in FY22 has gone?
The first auction over a year ago, one of the biggest price discovery events in the young history of the battery lithium market, pulled in US$1250/t for a 5.5% Li2O cargo.
Check out the progress:
1st Auction, 2nd Auction, 3rd Auction, 4th Auction, 5th Auction, 6th Auction (bidding got so frenzied PLS accepted a bid before the sale had even taken place), 7th Auction, 8th Auction.
As our intrepid Dep Ed. Reubs said in our regular chat to simply gawk at the prices lithium converters are throwing on the table to feed the growing EV industry in China, “not even the most bullish of bulls would have predicted this a couple years ago”.
Pilbara Minerals was up 1% to a record $4.94 this morning, defying a tidal wave of negative sentiment engulfing the market, with ASX mining stocks down 2.27% with the broader ASX 200 facing a 1.43% sell off.
stockhead
*Meanwhile, back in the DRC
Winenut
GO AVZ!!!!
@BEISHA*To add, I see where,
Petra Capital increases share price targets for 6 advanced ASX lithium stocks
- Petra Capital is the latest to adjust its forecast lithium prices upwards
- This has a large impact on Petra’s ASX lithium stocks under coverage, with all of them expected to enjoy weighty share price gains
- Stocks under coverage include Anson, Sayona, Leo Lithium, Argosy, Essential, Core, and Galan
On Friday lithium carbonate hit a record of around US$71,315, with some saying prices could stay that high for the rest of the year.
Petra Capital is the latest to adjust its forecast lithium prices upwards following this robust action on the spot market and “ongoing expectations of stronger demand”.
“… we have increased our long-term price for lithium carbonate to $US20,000/t (US$15,000/t previously) from FY28,” Petra says.
“For spodumene we have increased our long-term price to US$1,000.”
This has a large impact on Petra’s ASX lithium stocks under coverage, with all of them expected to enjoy weighty share price gains.
Who’s in the bull pen?
ARGOSY
The share price target for near-term producer AGY jumps 59% to 85c per share, Petra says.
“AGY is fully funded to production of 2ktpa of LCE with construction 95% complete and first production expected next quarter,” it says.
ANSON RESOURCES
US-based project developer ASN jumps 165% from current levels to $1.02 per share, Petra says.
“The recent major de-risking events have seen ASN gather much more investor attention and are likely to draw attention from US-based investors and offtakers.”
CORE LITHIUM
The near-term Aussie producer is the only one on the list with a HOLD recommendation.
Petra believes it is fairly valued at $1.26 per share; a 12.5% discount to the current price.
“We have always seen a lot of like about CXO; Australian based (Darwin), near term production (this year), fully funded with strong leverage to higher prices, but it has remained fully valued in our view, even at our higher price forecast,” it says.
ESSENTIAL METALS
Petra’s ESS share price target rises 167% on current levels to $1.28 per share.
“ESS has all the attributes one would look for; good geology, close to infrastructure, in an excellent jurisdiction (WA), and a team that has built mines before,” it says.
“It has already been the target of M&A.”
GALAN LITHIUM
With multiple catalysts on the horizon – JORC update, feasibility, permitting – brine play GLN has the highest upside, Petra says.
It has increased GLN’s price target from $2.42 to $3.75 per share – up 174% on current levels.
LEO LITHIUM
Petra has whacked a $1.85 per share price target on the African hard rock play – that’s a big 143% increase on current levels.
“Construction has started on a 500,000tpa mine with Ganfeng as offtaker,” it says.
LLL trades well below the median EV/Reserve (currently $2,158/t LCE) at $895/t LCE.
SAYONA LITHIUM
SYA also gets a BUY rating with a price target of 53c per share – a 100% increase on current levels.
“SYA is restarting an existing spodumene operation in Quebec and has approval for a downstream lithium carbonate plant site,” Petra says.
“It will also develop a second site at Moblan for lithium hydroxide to supply the crucial North American EV supply chain.”
Pilbara Minerals smashes yet another record at its latest spodumene auction
In the latest and ninth auction of spodumene concentrate on Pilbara Minerals Battery Material Exchange platform, the company has pulled in an outrageous US$6988/t for 5000t of 5.5% Li20 concentrate.
For context, that’s a single shipment raking in more than $52 million Aussie dollars.
Adjusted for the 6% benchmark grade normally used by reporters of lithium spot prices, the pull is US$7708/dmt CIF China.
Compare that to the first auction over a year ago, which was one of the biggest price discovery events in the young history of the battery lithium market, and pulled in US$1250/t for a 5.5% Li2O cargo.
Pilbara Minerals pulls US$7708/t in lithium auction and this rocket is showing no signs of slowing down
By the law of things what goes up must come down, but we seem to be waiting a long time for that to happen when it comes to lithium prices after Pilbara Minerals smashed another record with its latest spodumene auction.
The latest and ninth auction of spodumene concentrate on PLS’ Battery Material Exchange platform has pulled in an outrageous US$6988/t for 5000t of 5.5% Li20 concentrate.
That is a single shipment raking in more than $52 million Aussie, the sort of haul iron ore miners would dream of raking in on one cargo.
Adjusted for the 6% benchmark grade normally used by reporters of lithium spot prices, the pull is US$7708/dmt CIF China.
What the actual?
Need a reminder of how this story has developed since the Pilgangoora miner, which delivered a record $561.8m full year profit in FY22 has gone?
The first auction over a year ago, one of the biggest price discovery events in the young history of the battery lithium market, pulled in US$1250/t for a 5.5% Li2O cargo.
Check out the progress:
1st Auction, 2nd Auction, 3rd Auction, 4th Auction, 5th Auction, 6th Auction (bidding got so frenzied PLS accepted a bid before the sale had even taken place), 7th Auction, 8th Auction.
As our intrepid Dep Ed. Reubs said in our regular chat to simply gawk at the prices lithium converters are throwing on the table to feed the growing EV industry in China, “not even the most bullish of bulls would have predicted this a couple years ago”.
Pilbara Minerals was up 1% to a record $4.94 this morning, defying a tidal wave of negative sentiment engulfing the market, with ASX mining stocks down 2.27% with the broader ASX 200 facing a 1.43% sell off.
stockhead
*Meanwhile, back in the DRC
View attachment 17118
You gotta love this one!
To my little mind all these articles from China just confirms this is the largest and best quality resource on the planet. Hence its strategic and worth shit loads.
No Felix it's not conflict we are concerned about .It's the CORRUPTION!!We are determined to end the conflict in our country and use resources to get rid of it - President Tshisekedi
UN/Cia Pak
President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo, DRC addressing the main debate of the 77th meeting of the UN General Assembly
20 September 2022
Tumeazimia kumaliza mzozo nchini mwetu na kutumia rasilimali kujikwamua- Rais Tshisekedi
Rais Félix-Antoine Tshisekedi Tshilombo wa Jamhuri ya Kidemokrasia ya Congo, DRC amehutubia mjadala mkuu wa Baraza Kuu la Umoja wa Mataifa jijini New York, Marekani ikigusia mambo kadhaa ikiwemo amani na usalama mashariki mwa taifa lake pamoja harakati za kuinua uchumi wa nchi kupitia rasilimali...Agreement between DRC and Zambia to process minerals without pollution
He said DRC is one of the main producers of important minerals in the transition period to get rid of fossil energy. Minerals such as Lithium, Cobalt, Nickel, Manganese, and have decided to process these minerals without damaging the environment, and so in April this year, DRC and Zambia signed an agreement to establish a value chain in the electric battery sector and the safe energy sector.
He said considering the size of the project, the participation of partners especially in capital and technology will be important
Last edited:
antimatter
Regular
DRC Battery Council
BOSCH is a Member and AVZ Minerals
DRC wants to value-add mining and more importantly, is expecting it.
Manono Special Economic Zone
Part of the 1 billion towards battery cell production? / Hydroxide Plant??
Doing Business in the Middle East
From Lebanon to the United Arab Emirates — Bosch has been doing business in the Middle East successfully for almost 100 years.
Frank
Top 20
*To add, If anyone missed it (Apologies if already Posted ) It's been a long Day / Week / Month / Year and i'mWe are determined to end the conflict in our country and use resources to get rid of it - President Tshisekedi
UN/Cia Pak
President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo, DRC addressing the main debate of the 77th meeting of the UN General Assembly
20 September 2022
Tumeazimia kumaliza mzozo nchini mwetu na kutumia rasilimali kujikwamua- Rais Tshisekedi
Rais Félix-Antoine Tshisekedi Tshilombo wa Jamhuri ya Kidemokrasia ya Congo, DRC amehutubia mjadala mkuu wa Baraza Kuu la Umoja wa Mataifa jijini New York, Marekani ikigusia mambo kadhaa ikiwemo amani na usalama mashariki mwa taifa lake pamoja harakati za kuinua uchumi wa nchi kupitia rasilimali...Agreement between DRC and Zambia to process minerals without pollution
He said DRC is one of the main producers of important minerals in the transition period to get rid of fossil energy. Minerals such as Lithium, Cobalt, Nickel, Manganese, and have decided to process these minerals without damaging the environment, and so in April this year, DRC and Zambia signed an agreement to establish a value chain in the electric battery sector and the safe energy sector.
He said considering the size of the project, the participation of partners especially in capital and technology will be important
United Nations: Félix Tshisekedi pleads for climate justice
"To date, the impact of climate change on low-income economies is well established. Low emitters of greenhouse gases on a global scale, however, these economies, including the DRC, pay the heaviest price".
This is in summary, the plea of President Félix Tshisekedi before the world political authorities gathered in New York, in the United States, this Tuesday, September 20, during his speech at the 77th General Assembly of the United Nations.
Emphasizing the need to translate into action the promises made to African countries at the various climate conferences, Felix Tshisekedi recalled "that it was time to put an end to the selective execution of commitments made by polluters, but also to compensate, in the name of climate justice, the efforts made by less polluting countries, particularly those in Africa, to preserve the environment in the interest of the whole planet”.
On the subject of the energy transition, the Congolese President did not hesitate to recall the strategic double hat of the DRC with regard to its assets in biodiversity and its key mineral resources, including cobalt and lithium.
“As for the energy transition, Africa has enough renewable energy sources and raw materials that can contribute to the mobilization of credible alternatives to the dual energy and ecological crisis.
From this point of view, it is important to note that the Democratic Republic of Congo is one of the main producers of strategic ore essential to the energy transition and the decarbonization of the transport sector, including in particular Cobalt, Lithium, Nickel as well as than manganese.
My country has set itself the goal of producing the said minerals properly for this purpose,” he said.
For Felix Tshisekedi, harnessing the energy and environmental potential of the DRC in the fight against climate change and the energy transition goes hand in hand with lasting peace in the east of the country.
"The time has come to break forever the infernal cycle of violence in eastern DRC to stabilize the Great Lakes region in order to derive the greatest benefit from its economic potential as well as its rich biodiversity to save the humanity in the face of climate change. he said.
It should be recalled that in view of the difficulties experienced by developing countries, including African countries, in the fight against climate change and the efforts they must make to green their economies, the international community had promised financial assistance up to 100 billion USD per year.
To date, only 20 billion has been provided to Africa between 2016 and 2019.
mediacongo
Samus
Top 20
Winenut
GO AVZ!!!!
Bots and trolls have zero sense of humour....DRC Battery Council
BOSCH is a Member and AVZ Minerals
DRC wants to value-add mining and more importantly, is expecting it.
Manono Special Economic Zone
Part of the 1 billion towards battery cell production? / Hydroxide Plant??
Doing Business in the Middle East
From Lebanon to the United Arab Emirates — Bosch has been doing business in the Middle East successfully for almost 100 years.www.bosch.com
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