When you say ‘one for the road’ does that mean you believe we now lost CDL ( or part of it )?a couple of nice ‘one for the road’ bores slapped through carrier apparently
Nut …its that time of Day …down the hatchI actually think I'm going a little crazy waiting around with AVZ in suspension
Really hope the shit show ends soon
Great Post Frank*Hello, Hello, What have we here, as
US gathers resource-rich nations to push minerals security pact
The Biden administration plans to use a gathering of resource-rich nations to spur new investment as part of its bid to shift the supply chain for rare-earths minerals away from China.
The Minerals Security Partnership between the US, EU, Japan and other wealthy nations is holding a ministerial meeting Thursday at the United Nations General Assembly with nations that possess minerals such as lithium, manganese and cobalt.
The developing nations taking part include Argentina, Brazil, Chile, the Democratic Republic of the Congo, Indonesia, Mongolia, Mozambique, Namibia, the Philippines, Tanzania and Zambia. US Secretary of State Antony Blinken is set to chair the meeting.
The initiative, launched in June, is designed to funnel investment toward developing countries with mining projects that adhere to stricter environmental, social and governance standards.
“We created this to deal with a supply chain vulnerability that we’ve known has existed a long time,” Under Secretary of State Jose Fernandez said in an interview in New York.
“But the pandemic has taught us that these vulnerabilities need to be addressed and minimized. And what we’re hoping to do is to galvanize investment, financing and other agreements.”
The critical mineral supply chain remains almost totally dominated by China, which controls most of the market for processing and refining minerals such as cobalt, lithium and other rare earths.
“It’s about providing options,” Fernandez said, when asked whether the partnership was a strategic initiative to counter Beijing.
“If we’re successful, the Chinese will also gain as well, and that will be to the benefit of producing countries.”
The minerals initiative may also get a boost from recent legislative efforts in Washington. Fernandez referred to a recent trip to lithium-rich Mexico last week, where he told local officials that “now’s the time to partner” on projects that might to benefit from tax credits under the Biden administration’s Inflation Reduction Act.
“There is momentum — the funding that is provided in the IRA is substantial,” Fernandez said.
“It should allow us to to promote responsible critical mineral production in a way that supports ESG goals.”
In the coming months, the US intends to continue meeting with mineral-rich nations and identify some of the first mining projects to benefit from the minerals security pact.
World’s biggest EV battery maker considers third plant in Europe
The world’s biggest maker of electric-vehicle batteries, China’s Contemporary Amperex Technology Co. Ltd., is considering a third factory in Europe, the company’s president in the region said.
“We are thinking about this, but currently there is no clear decision or activity,” Matthias Zentgraf told Bloomberg News in an interview, saying internal discussions are already underway.
The Ningde, Fujian-based company last month announced plans to build a second European EV battery plant in Hungary, investing 7.3 billion euros ($7.2 billion) in partnership with Mercedes-Benz Group AG.
The facility has a planned output of 100 gigawatt hours and will also supply Volkswagen AG, BMW and Stellantis NV.
CATL expects it to be ready within five years.
CATL has maintained a lead over rivals, including the world’s second-biggest cell producer LG Energy Solution Ltd.
The company rebounded from its sharpest-ever drop in quarterly earnings at the start of 2022, with first-half net income rising 82% from a year earlier and revenue jumping 156%.
CATL has established several production bases in China and subsidiaries in the US, Japan and Europe.
It is spending 27 billion yuan ($3.8 billion) on two battery projects in China’s Shandong and Fujian provinces.
The battery maker has also been looking at sites in Mexico and the US to supply Tesla Inc., Ford Motor Co. and others, though that process has been delayed in part due to political tensions between China and the US, Bloomberg reported in August.
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*To Remind,
Investing abroad could be the solution to America’s clean energy future
www.mining.com/investing-abroad-could-be-the-solution-to-americas-clean-energy-future/
*To Remind,
The Biden administration investing in the DRC mining sector
On a visit to the Democratic Republic of Congo, from September 12 to 13, 2022, the emissary of American President Joe Biden, ended his visit after talks with the President of the Republic Félix Antoine Tshisekedi, the two personalities discussed the issues and investment potential of the Congolese mining sector.
At the end of his visit to the DR Congo, Amos Hochstein, special coordinator of the President of the United States of America in charge of international energy affairs, made a point of reaffirming the interest that his country attaches to the DRC.
“We have a wide range of interests in Congo.
This is why the United States wishes to strengthen its relations with the DRC”, he spoke to the press on Tuesday, September 3.
According to him, the purpose of his visit to the DRC revolves mainly around the mining sector, as well as the investment potential that the latter abounds.
“The purpose of my visit is essentially to develop the mining sector,” Amos Hochstein told the press.
He also underlined the role played by the DRC in the current global energy transition.
“The DRC is one of the most important countries in the world, because it contributes to the energy transition, as we move from fossil fuel to cleaner energy”, he underlined.
“The whole world will need minerals, natural resources… as a whole which are necessary for this transformation.
I don’t think there is a country other than the DRC that can bring so much to the world”
US stands up against corruption and inhuman labour in the mining sector
“We therefore want energy, but also ensure the conditions under which those who contribute to this cleaner energy (which we want) work.
To do this, we have a good understanding of what cleaner energy means.
That is to say, no corruption but also (guarantees) of working conditions for those who work in the minerals sector,” said Amos Hochstein.
The emissary of the American president, says he is positive and remains hopeful of returning to Congo for a next meeting.
“So, this is what we have been discussing for the past two days with the Congolese authorities. I keep my hopes up and look forward to coming back here on a future trip,” he said.
After Blinken, Hochstein brings the same speech
This mission by Amos Hochstein to Kinshasa demonstrates the interest the USA attaches to the country’s minerals and natural resources.
It comes just a month after another Joe Biden envoy visited.
Anthony J. Blinken, the American Secretary of State, had stayed in the Congolese capital from August 9 to 10.
During his visit, Anthony Blinken had also met some officials of the Tshisekedi administration and exchanged with them on several areas but more particularly that of the investment sector, which Amos Hochstein also addressed in his mission.
The undercards
According to analysts, the Biden administration conditions the arrival of its investors on the respect of a certain number of democratic criteria and principles, supposed to guarantee transparency in an environment where other expatriates have preferred to launch without asking too many requirements.
That suits the Congolese authorities who need capital to boost the development of a long impoverished and asphyxiated country, they seem to lean more towards realism than towards the elastic caution of American investors, explained its observers.
*To Remind,
The DRC and the USA, strengthening partnerships in the mining sector
The Deputy Minister of Mines, Godard motemona exchanged, Friday, January 28, 2022 at the residence of the American diplomat in the DRC Mike Hammer, with a delegation of American officials led by the Deputy National Security Advisor of the United States of America, Daleep Singh.
The United States of America promises to continue to support the Democratic Republic of the Congo in securing mine sites and combating child labor in mines.
Indeed, the head of the American delegation, first of all, expressed to the Deputy Minister of Mines, Godard motemona the purpose of his mission in the DRC, which concerns the strengthening of economic partnership between the United States of America and the Democratic Republic of Congo for the well-being of the population, the foundations of which were laid in Rome in Glasgow during the G20 meeting between Presidents Félix-Antoine Tshisekedi Tshilombo and Joe Biden.
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*To Remind,
The DRC signs a memorandum of understanding with the United Arab Emirates for a1 billion USD investment
Prime Minister Jean-Michel Sama Lukonde Kyenge chaired, in his office, at the Primature, this Saturday, September 17, 2022, the signing ceremony of a memorandum of understanding between the company Primera Group Limited, an Emirati consortium, who represented the private sector of the United Arab Emirates and the Congolese government, represented by the Ministry of Mines, to strengthen and increase bilateral trade between these two countries.
It is the concretization of the agreements concluded between His Highness, the President of the United Arab Emirates, Sheikh Mohamed ben Zayed Al Nahyan and the President of the Republic, Félix-Antoine Tshisekedi Tshilombo during his visit in October 2021 to Abu Dhabi.
It should be noted that the protocol signed today concerns an investment of 1 billion US dollars.
This memorandum of understanding is a new step for the launch of future Emirati investments in the Democratic Republic of Congo.
Speaking to the press, Salem Aljaberi, charge d’affaires (in charge of preparing for the opening next November) of the United Arab Emirates embassy in Kinshasa, said that over the next year, many companies from the private sector of the United Arab Emirates will be jostling at the gates of the Democratic Republic of Congo to invest in the fields of Agriculture, Mining, and renewable energies.
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*To Remind,
The Carriere de l’Este Pegmatite, with a mapped length of about 5,500m, is potentially the largest pegmatite in the Manono Project.
The thickness of intersected pegmatite and the geometric relationship between the location of the drill hole and mapped pegmatite boundaries suggests the thickness of the Carriere de l’Este pegmatite may be up to 280m true thickness at this location.
The initial drilling program has confirmed the immense size and potential of the Manono Lithium project.
*Why every millimetre of CDL is so important to us all moving forward imo
Food for thought on the Road to Mining Manono thanks to our Bro Joe, Blinken & Co
GLTA-AVZH's
Cheers
Frank
View attachment 17233
Like the Days of our DRC Lives, It's Heating Up alright
I did not interpret it that way - I saw it as positive.When you say ‘one for the road’ does that mean you believe we now lost CDL ( or part of it )?
The drill result will be positive! Of that I’m sureI did not interpret it that way - I saw it as positive.
This could get real ugly for some crooks if he starts singing like the jail bird he is.
#Urgent : 300kg of gold at 120 million US dollars, exported to Hong Kong by Mrs. Hamida Shatur, wife of
@VitalKamerhe1
. Huff! we're still far I see... and if that's true? my God !!! File to follow.
The docket says 3000 kg
Who is Vital Kamerhe??
By Africanews
Last updated: 24/06 - 09:30
Vital Kamerhe, DRC's president Tshisekedi's former chief of staff has won his battle. Sentenced to 20 years in prison in 2020 for embezzling around 50 million dollars, the politician was totally cleared on appeal on Thursday. His co-accused, Lebanese businessman Sanoh Jammal was also acquitted.
The Kinshasa-Gombe Court of Appeal said lack of evidence was the reason for its decision.
Since 2020 Kamerhe was accused of misappropriating an envelope allocated to the construction of houses for the military and police, which was part of a programme implemented by President Tshisekedi. Kamerhe was the right-hand man of Félix Tshisekedi between 2018 and 2019. His 20 year sentence was reduced to 13 years in prison on appeal in June 2021. In December 2021, he was granted provisional release.
Following this verdict, his politcal party the Union for the Congolese Nation (UNC) organised gatherings in Bukavu, his stronghold in the East.
The 63 year-old is now free to run in DRC's upcoming 2023 elections.
Is this part of the election games, or steal as much as you can before FT and Mr Trophy winner steps in?
But guess what?
How are you gonna get $120 million in gold bullion from Hong Kong?
Does everybody think it's ok just to steal?
*To add, If anyone missed it (Apologies if already Posted ) It's been a long Day / Week / Month / Year and i'm
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
Geez wombat, you do wind your self right up. Doc...’0ne for the road’ / carrier lost...nope not at all, $AVZ comfortable with where ever they drop a rig6 days remaining for the ICC Case Conference to take place according to our last announcement . Very important this takes place on time .
This kind of situation, alongside ongoing alleged connections to others in his government accused of embezzlement, makes one seriously question how deep FTs focus on his anti-corruption stance truly runs. It seems, as ever, that Politics may win out. With a seemingly close running election nearing in, does it seem likely that The President will oust the Director of CAMI, for instance, given the splashback from his extensive patronage network this could engender? I think not. Could he continue to apply the brakes, if indeed that's where the primary holdup lies?And there is more....
BOUNCING BACK
DRC: Vital Kamerhe makes his comeback in the East
By Stanis Bujakera Tshiamala
Posted on Wednesday, 14 September 2022 11:50
Vital Kamerhe and his wife, Hamida Shatur Kamerhe, on their arrival in Goma. © UNC.
For the first time since his acquittal, Vital Kamerhe, Félix Tshisekedi’s former cabinet director, is visiting eastern DRC, which is plagued by violent conflict. The Bukavu native's trip is also very political.
Vital Kamerhe arrived in Goma on 12 September with a smile on his face. At around 4 pm local time, the national airline’s plane landed at the airport of the capital of the province of North Kivu, where a crowd was waiting for him.
READ MORE DRC: Vital Kamerhe forgives President Félix Tshisekedi, declares his loyalty
He was accompanied by his closest allies, including Billy Kambale, the secretary-general of his party, the Union pour la Nation Congolaise (UNC), Michel Moto, his assistant and communications adviser, Jean-Baudoin Mayo Mambeke, and the deputy justice minister, Amato Bayubasire. His wife, Hamida Chatur, his mother, his sister Chantal and his son Didier was also at his side.
Translation: #DRC. @VitalKamerhe1 and the crowd in #Goma
As safe as it is political
Kamerhe was acquitted in June after being sentenced two years earlier to 20 years in prison – a sentence reduced on appeal to 13 years – and barred for 10 years from running for office for corruption and embezzling funds allocated to the 100-day presidential programme. The native of Bukavu, South Kivu, now wants to turn the page on this judicial saga that has kept him in prison and the courts for two years.
Through this so-called “peace tour”, which, in its first stage, will take Felix Tshisekedi’s former cabinet director to the provinces of North Kivu, South Kivu and Maniema, Kamerhe intends to contribute to efforts to restore the state’s authority in this part of the country where armed groups are the law. The M23’s resurgence last November has only increased tensions. He also plans to visit Rutshuru, a territory in North Kivu province where the town of Bunagana has been occupied for three months by fighters from this rebel movement.
“For the return of peace to our country, I just want to show that in the old days we had greater difficulties than those we have now and that we overcame them (…) We said we wanted the territory of Congo’s sovereignty to be respected,” Kamerhe told supporters.
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READ MORE DRC: Keeping a low profile, Vital Kamerhe savours his freedom
“I am not here to play politics, I will not say one word about politics. I can’t do politics when the tears and blood of our compatriots are flowing,” he continued.
The position of prime minister?
This tour in the east – the first since Kamerhe’s release – seems to be political. Since his acquittal, considered by many observers as a gesture of reconciliation by Tshisekedi, the president’s former director of the cabinet has been discussing his future role with the head of state.
READ MORE DRC: Under what conditions has Vital Kamerhe been released?
According to some sources, the position of prime minister could be an option. “The president wants to keep [Jean-Michel] Sama Lukonde Kyenge as head of government, but he is not ruling out the possibility of giving the post to Vital Kamerhe. All options are on the table,” says a person close to the head of state. If Kamerhe succeeds in attracting crowds wherever he goes, Tshisekedi will not be able to do without him. This is a strategic message, one that comes as the president prepares to seek re-election in December 2023.
Looks like a great team Felix!!
Ffs, Felix!!
Never thought Carrier is lost . Just that Roche Dure by itself without Carrier is still a great outcome for SH . My main concern is the Chinese dragging this out for many more weeks / months . Tangling things up with legal procedure . Just curious to see if they/Chinese can delay the ICC Case Conference set for this week . I'd like to just go with all the intel / info that's been shared here and other places , but so far a lot of it has been off the mark /delays . I think it's good to have a healthy dose of both optimism and scepticism .Geez wombat, you do wind your self right up. Doc...’0ne for the road’ / carrier lost...nope not at all, $AVZ comfortable with where ever they drop a rig