I agree with you Locky .
I will be one pissed SOB if the chinese get their way of a cheap T/O
Havnt put up with this roller coaster , subterfuge just to get one more bag.
Holding AVZ long term to production and divvie status is where you make the BIG coin.
On top of making big coin, i want to see AVZ make a real difference for the locals and provide huge supply of spod the world desperately needs for the EV revolution, which will greatly assist our climate change predicament , which in turn will provide a better planet for my children and their children....rada, rada rada.
Just to remind.
View attachment 16879
And that doesnt include CDL.
AVZ is a game changer ............nothing compares.
What really puzzles the shit out of me .............why is China road blocking Roche Dure in the first place ?
After all, all the offtakes are taken up by the chinese, they need the supply urgently for their monsterous population, especially CATL / CATH with their new lithium hydroxide plant almost complete.
DRC needs this project up and running ASAP too.......if they are to galvanise their dream of being the worlds go to BATTERY HUB.........not to mention the taxes / royalties it would reap to give their country a better life.
This whole disgraceful period from 9/5/22 to now, just doesnt make sense with the bigger picture in mind.
Just my opinion.
*Fyi, Did you see where,
Lithium price smashes new record as supply struggles to feed EV growth
The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable.
Lithium carbonate hit a fresh record of 500,500 yuan ($71,315) a ton in China Friday, according to data from Asian Metal Inc.
Prices more than tripled in the past year, inflating the cost of batteries used in electric vehicles, with recent gains driven by strong demand and disruptions at a domestic producing hub.
Consumer support for new-energy vehicles has been gathering pace amid a global transition away from fossil fuels.
The China Passenger Car Association has raised its forecast for sales of EVs to a record 6 million this year, double the total in 2021, while battery usage in the nation is also expected to almost double, according to Bloomberg Intelligence.
Meanwhile, a power crunch during August in Sichuan province — home to more than one-fifth of China’s lithium production — caused two weeks of electricity cuts, hampering supply in an already-squeezed market.
“EV production and sales have held steady in recent months,” according to Rystad Energy, a research firm, which added there are concerns over whether China’s power crisis could return this winter when demand for heating rises.
“This could lead to new power shortages and hit lithium operations,” it wrote, expecting prices to stay firm around this level through to the end of the year.
China held a meeting to review developments on Thursday and asked the top companies to help stabilize prices, according to the Ministry of Industry and Information Technology.
Producers should not collude on pricing and not quote prices that deviate a lot from costs, it said.
The government will take steps to encourage exploration, stabilize imports and promote recycling, it added.
On Thursday, SQM de Chile SA, the world’s No. 2 lithium producer, predicted a “very tight market” in the years ahead.
SQM sees “slightly higher” prices this quarter from the previous three months and expects prices to stay at similar levels in the fourth quarter, according to a presentation to investors in New York.
Battery-makers and the automobile industry have been rushing to lock in reliable and stable supplies of lithium
Still, the raw-material price hikes are likely to stoke inflation concerns and add cost pressures to the supply chain.
A battery-making unit of China’s top producer, Ganfeng Lithium Co., told customers last week that prices for new orders would be reassessed amid a substantial hike in power-cell costs.
The company supplies small polymer lithium batteries for smart wearable products and Bluetooth headset batteries for companies including Xiaomi Corp.
(By Annie Lee)
*They Seek it here, they seek it there, they seek it just about anywhere, on the Moon if they dare as
Chinese investors plan $2.83 billion metals park in Zimbabwe
Zimbabwe’s government approved a proposal by a group of Chinese investors to establish a $2.83 billion battery-metals park that will process metals including lithium, platinum and nickel, its latest plan to revive its moribund economy.
Hong Kong Eagle International Investment Holding Ltd. and Pacific Goal Investment Ltd. intend to develop an integrated industrial park that will include lithium-salt and nickel-sulphate plants, and a nickel-chromium alloy smelter, Eagle International said in documents seen by Bloomberg and verified by Secretary for Mines Pfungwa Kunaka.
An agreement on the plan will be signed later on Friday, Deputy Mines Minister Polite Kambamura said.
“The goal of the New Energy Special Economic Zone Industrial Park is to develop an industrial value chain represented by new energy metals such as lithium and nickel, to increase the added value of the mineral products and form a new energy production base that embraced the world while based in Africa,” the company said.
An accelerating shift to electric vehicles and soaring lithium prices have drawn investor interest to Zimbabwe.
Chengxin Lithium Group Co. and Sinomine Resource Group Co. are setting up a joint venture to explore for the metal and Zhejiang Huayou Cobalt Co. plans to invest $300 million to develop the Arcadia lithium mine in the northeast of the country.
The 30-50 square-kilometer (19-square-mile) battery-metals park is expected to be completed by the end of 2025, according to the documents. It would be situated in Mapinga, about 48 kilometers (30 miles) northwest of the capital, Zimbabwe.
Among the projects planned at the park are two 300-megawatt power plants to be built at a cost of $250 million each to provide electricity to the various refineries — the first is expected to be completed by 2024 and the second a year later.
Other proposed infrastructure includes a nickel-sulphate plant at a cost of $1 billion, a nickel-chromium alloy smelter at a cost of $500 million, and a $450 million lithium-salt plant, the documents show.
Lithium carbonate, lithium hydroxide and nickel sulphate are raw materials used to produce lithium batteries, which are used for solar-energy storage. Nickel-chromium alloys are used in stainless steel production.
WA police feature Ioniq 5 squad car at World EV Day
If you had thought electric vehicles were not as fast or as safe as their fossil-fuelled counterparts, the West Australian police will set you straight. Since July 2022, their operational fleet has included a Hyundai Ioniq 5 EV.
Friday, 9 September, three officers are on hand at Forrest Place, at the heart of Perth city.
They are attending the Perth World EV Day display, and testifying to the benefits of the first electric cop car in Australia.
For World EV Day, Forrest Place became a free EV ‘show and tell’ for the thousands of commuters, who walk from the city’s central railway station to their various destinations.
Some 40-plus electric cars filled most of the 150 metre length of pedestrian mall, the car-owners eager to inform passer-by, to convince the undecided and to persuade the agnostics of the benefits of making the change to an EV.
If none of the dozen or so brands and 25 or more models on display took your fancy, there were those who could fit your beloved old VW Beetle or mini-moke with a battery and turn it into something clean, green and quite unique.
The early adopters of electric cars have had several years now to discover all the ways in which an EV makes your life easier.
The owner of a BYD T Van (there are just of these three in WA he told me), was sipping a cup of tea he had made on a small electric stove, drawing power from his car battery.
A Kona-owner, who had driven over 100,000kms including several thousand on gravel roads, displayed charts showing savings of $ 30,000 across that distance.
As far as its’ London organisers, Green TV know, Perth was the only Australian capital city to take part in this global celebration of ‘electro-mobility’ (e-mobility).
That term might still sound like a bit of jargon, but batteries are clearly driving change (ok, silly pun, moving right on…).
On a bicycle, a rechargeable battery will make every up-hill push easier.
An event such as the Perth World EV Day is simultaneously global and local, led by ordinary people who can share their everyday experience of driving their cars on real roads.
It is a potent platform for persuasion through community-based conversations outside of the manufacturer’s hype, or nerdy scientific texts, or the necessarily politicised language of government policy.
World EV Day: an idea worth spreading.
thedriven.io
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hmmm
