AVZ Discussion 2022
- Thread starter GazDix
- Start date
Sammy_da_Smile
Regular
Can someone please quit their current job and apply plsAVZ are recruiting a Human Resources Supervisor
Found here: Only a few days old too. Confidence must be rising for significant changes ahead otherwise why would you invest in increasing your HR capability?
Accessed at the date of this post: https://www.seek.com.au/job/56566524?type=standard
"AVZ Minerals is a mining company based in West Perth with operations in the DRC. We are seeking a highly experienced Senior Human Resources Advisor to coordinate, advise and handle all aspects of Human Resources for our company in Perth, liaising also with our team located in the Democratic Republic of Congo. This is a newly created position as we are expanding our corporate team. We offer a diverse, supportive and great work culture. If you have the ability to work productively and effectively both autonomously and within a team environment and this position aligns with your skills and knowledge, then we look forward to hearing from you."
The ML and BFS cannot come soon enough!
TheCount
Regular
Nothing better... Retirement is now not that far away thanks to AVZ where they'll be plenty more brews made and enjoyed.
The short term drop is in my opinion the herd mentality of actually listening to Musk. He seems to have that kind of power over the World (scary thought mind you)...
Cheers,
TC.
Maybe Jason Brewer or Langford need a job??AVZ are recruiting a Human Resources Supervisor
Found here: Only a few days old too. Confidence must be rising for significant changes ahead otherwise why would you invest in increasing your HR capability?
Accessed at the date of this post: https://www.seek.com.au/job/56566524?type=standard
"AVZ Minerals is a mining company based in West Perth with operations in the DRC. We are seeking a highly experienced Senior Human Resources Advisor to coordinate, advise and handle all aspects of Human Resources for our company in Perth, liaising also with our team located in the Democratic Republic of Congo. This is a newly created position as we are expanding our corporate team. We offer a diverse, supportive and great work culture. If you have the ability to work productively and effectively both autonomously and within a team environment and this position aligns with your skills and knowledge, then we look forward to hearing from you."
The ML and BFS cannot come soon enough!
Sammy_da_Smile
Regular
Unsure why the mention of DRC below, however, Nigel and Co doing a roadshow in Germany is going to be interesting!
Time for Europe to reconnect with commodities
APRIL 7, 2022
esgtelegraph.com
Europe is blessed with many things but abundant and accessible mineral wealth and processing infrastructure are not among them.
Industrially, Europe has positioned itself as a centre of excellence for research and development and high-end manufacturing, insulated from the challenges of extracting and processing raw commodities. Politically, Europe has driven the global agenda in environmental, social and governance best practices. These policies have to an extent reinforced the region’s separation from the world of commodities.
All of this made sense in a world where supply chains were globally integrated. But the invasion of Ukraine has highlighted the risks of being too far removed from sources of supply.
Europe’s immediate priority is to find alternative sources of energy, given its dependence on Russian oil and gas. However, if the region is to remain globally competitive in manufacturing, most notably cars, then it also needs to secure reliable access to raw materials. Rare earths, industrial and battery metals are vital areas to prioritise, given the importance of lithium, nickel, copper and cobalt to electrification.
European manufacturers must fundamentally review how they approach procurement
Decarbonisation of the global economy has been a cause that Europe has rightly championed. The region has developed the most sophisticated carbon credit market. It has also been the first to set clear thresholds for recycled content in electric battery manufacturing. The world is following the lead that Europe has established.
But European companies need reliable and affordable commodities to produce the goods required by a decarbonised world. In this respect, Europe finds itself not only far less naturally well-endowed than the US or Canada. It has also fallen far behind China which has been systematically building its supply chain in these critical minerals.
In the long term, China is unlikely to want to merely sell Europe battery materials or even batteries, but rather the consumer goods that they power. China understandably wants to retain as much of the associated value creation from its own investment in electrification. This poses a far more existential threat to Europe’s manufacturing base than the short-term gas shortage or even longer-term energy price inflation.
In order to be able to secure supplies of these critical minerals, European manufacturers must fundamentally review how they approach procurement. Western mining companies also need to rediscover their own appetites for risk.
The exploration and development departments of the western miners have been systematically downgraded over the past two decades. There has been an increasing focus on existing large-scale mines operating in developed countries, particularly North America and Australia. This trend has been far more pronounced within metals than in the energy markets. Even Latin American democracies such as Chile have come to be seen as being unacceptably high risk in terms of incremental capital.
Yet it is an unavoidable fact that the vast majority of reserves of critical minerals are not located in first-world geographies. The west, particularly Europe, cannot afford to neglect developing markets in this way. Investors and NGOs should both recognise that their influence here has been and remains substantial.
There is an opportunity for Europe to take the lead in reconnecting the best exploration and development projects with capital where it is most abundant and responsible. The ESG leadership Europe has championed need not be sacrificed, rather it should form a blueprint for the development of emerging markets, particularly Africa, where so much of the incremental supply resides.
There are also substantial opportunities for Europe to help develop the processing sectors in these emerging economies. This will enable developing counties to share more of the total value of the underlying materials mined there. Initiatives such as the Fair Cobalt Alliance should be supported and replicated.
Perhaps the DRC will not yet manufacture European cars, but there is no reason why it should continue to export unrefined ore, wholesale, to China. European manufacturers must also reassess how they secure reliable long-term supply of materials. This will perhaps include direct investments in mining assets.
Europe also needs to rebuild its own refining and smelting capacity, especially given the increasing importance of recycling to decarbonisation. The current “not in my back yard” position can only be changed by government policy.
Energy costs will remain an issue, but this must be balanced with security of supply. Europe can no longer afford to outsource everything which is challenging, dirty or can be done cheaper elsewhere.
Europe collectively needs to address the challenges made evident by the war in Ukraine or it risks becoming a manufacturing museum and merely a holiday destination.
Time for Europe to reconnect with commodities
APRIL 7, 2022
Time for Europe to reconnect with commodities | ESG Telegraph
Europe is blessed with many things but abundant and accessible mineral wealth and processing infrastructure are not among them. Industrially, Europe has positioned itself as a centre of excellence for…
esgtelegraph.com
Europe is blessed with many things but abundant and accessible mineral wealth and processing infrastructure are not among them.
Industrially, Europe has positioned itself as a centre of excellence for research and development and high-end manufacturing, insulated from the challenges of extracting and processing raw commodities. Politically, Europe has driven the global agenda in environmental, social and governance best practices. These policies have to an extent reinforced the region’s separation from the world of commodities.
All of this made sense in a world where supply chains were globally integrated. But the invasion of Ukraine has highlighted the risks of being too far removed from sources of supply.
Europe’s immediate priority is to find alternative sources of energy, given its dependence on Russian oil and gas. However, if the region is to remain globally competitive in manufacturing, most notably cars, then it also needs to secure reliable access to raw materials. Rare earths, industrial and battery metals are vital areas to prioritise, given the importance of lithium, nickel, copper and cobalt to electrification.
European manufacturers must fundamentally review how they approach procurement
Decarbonisation of the global economy has been a cause that Europe has rightly championed. The region has developed the most sophisticated carbon credit market. It has also been the first to set clear thresholds for recycled content in electric battery manufacturing. The world is following the lead that Europe has established.
But European companies need reliable and affordable commodities to produce the goods required by a decarbonised world. In this respect, Europe finds itself not only far less naturally well-endowed than the US or Canada. It has also fallen far behind China which has been systematically building its supply chain in these critical minerals.
In the long term, China is unlikely to want to merely sell Europe battery materials or even batteries, but rather the consumer goods that they power. China understandably wants to retain as much of the associated value creation from its own investment in electrification. This poses a far more existential threat to Europe’s manufacturing base than the short-term gas shortage or even longer-term energy price inflation.
In order to be able to secure supplies of these critical minerals, European manufacturers must fundamentally review how they approach procurement. Western mining companies also need to rediscover their own appetites for risk.
The exploration and development departments of the western miners have been systematically downgraded over the past two decades. There has been an increasing focus on existing large-scale mines operating in developed countries, particularly North America and Australia. This trend has been far more pronounced within metals than in the energy markets. Even Latin American democracies such as Chile have come to be seen as being unacceptably high risk in terms of incremental capital.
Yet it is an unavoidable fact that the vast majority of reserves of critical minerals are not located in first-world geographies. The west, particularly Europe, cannot afford to neglect developing markets in this way. Investors and NGOs should both recognise that their influence here has been and remains substantial.
There is an opportunity for Europe to take the lead in reconnecting the best exploration and development projects with capital where it is most abundant and responsible. The ESG leadership Europe has championed need not be sacrificed, rather it should form a blueprint for the development of emerging markets, particularly Africa, where so much of the incremental supply resides.
There are also substantial opportunities for Europe to help develop the processing sectors in these emerging economies. This will enable developing counties to share more of the total value of the underlying materials mined there. Initiatives such as the Fair Cobalt Alliance should be supported and replicated.
Perhaps the DRC will not yet manufacture European cars, but there is no reason why it should continue to export unrefined ore, wholesale, to China. European manufacturers must also reassess how they secure reliable long-term supply of materials. This will perhaps include direct investments in mining assets.
Europe also needs to rebuild its own refining and smelting capacity, especially given the increasing importance of recycling to decarbonisation. The current “not in my back yard” position can only be changed by government policy.
Energy costs will remain an issue, but this must be balanced with security of supply. Europe can no longer afford to outsource everything which is challenging, dirty or can be done cheaper elsewhere.
Europe collectively needs to address the challenges made evident by the war in Ukraine or it risks becoming a manufacturing museum and merely a holiday destination.
Frank
Top 20
Perhaps the DRC will not yet manufacture European cars, but there is no reason why it should continue to export unrefined ore, wholesale, to China.Unsure why the mention of DRC below, however, Nigel and Co doing a roadshow in Germany is going to be interesting!
Time for Europe to reconnect with commodities
APRIL 7, 2022
Time for Europe to reconnect with commodities | ESG Telegraph
Europe is blessed with many things but abundant and accessible mineral wealth and processing infrastructure are not among them. Industrially, Europe has positioned itself as a centre of excellence for…
Europe is blessed with many things but abundant and accessible mineral wealth and processing infrastructure are not among them.
Industrially, Europe has positioned itself as a centre of excellence for research and development and high-end manufacturing, insulated from the challenges of extracting and processing raw commodities. Politically, Europe has driven the global agenda in environmental, social and governance best practices. These policies have to an extent reinforced the region’s separation from the world of commodities.
All of this made sense in a world where supply chains were globally integrated. But the invasion of Ukraine has highlighted the risks of being too far removed from sources of supply.
Europe’s immediate priority is to find alternative sources of energy, given its dependence on Russian oil and gas. However, if the region is to remain globally competitive in manufacturing, most notably cars, then it also needs to secure reliable access to raw materials. Rare earths, industrial and battery metals are vital areas to prioritise, given the importance of lithium, nickel, copper and cobalt to electrification.
European manufacturers must fundamentally review how they approach procurement
Decarbonisation of the global economy has been a cause that Europe has rightly championed. The region has developed the most sophisticated carbon credit market. It has also been the first to set clear thresholds for recycled content in electric battery manufacturing. The world is following the lead that Europe has established.
But European companies need reliable and affordable commodities to produce the goods required by a decarbonised world. In this respect, Europe finds itself not only far less naturally well-endowed than the US or Canada. It has also fallen far behind China which has been systematically building its supply chain in these critical minerals.
In the long term, China is unlikely to want to merely sell Europe battery materials or even batteries, but rather the consumer goods that they power. China understandably wants to retain as much of the associated value creation from its own investment in electrification. This poses a far more existential threat to Europe’s manufacturing base than the short-term gas shortage or even longer-term energy price inflation.
In order to be able to secure supplies of these critical minerals, European manufacturers must fundamentally review how they approach procurement. Western mining companies also need to rediscover their own appetites for risk.
The exploration and development departments of the western miners have been systematically downgraded over the past two decades. There has been an increasing focus on existing large-scale mines operating in developed countries, particularly North America and Australia. This trend has been far more pronounced within metals than in the energy markets. Even Latin American democracies such as Chile have come to be seen as being unacceptably high risk in terms of incremental capital.
Yet it is an unavoidable fact that the vast majority of reserves of critical minerals are not located in first-world geographies. The west, particularly Europe, cannot afford to neglect developing markets in this way. Investors and NGOs should both recognise that their influence here has been and remains substantial.
There is an opportunity for Europe to take the lead in reconnecting the best exploration and development projects with capital where it is most abundant and responsible. The ESG leadership Europe has championed need not be sacrificed, rather it should form a blueprint for the development of emerging markets, particularly Africa, where so much of the incremental supply resides.
There are also substantial opportunities for Europe to help develop the processing sectors in these emerging economies. This will enable developing counties to share more of the total value of the underlying materials mined there. Initiatives such as the Fair Cobalt Alliance should be supported and replicated.
Perhaps the DRC will not yet manufacture European cars, but there is no reason why it should continue to export unrefined ore, wholesale, to China. European manufacturers must also reassess how they secure reliable long-term supply of materials. This will perhaps include direct investments in mining assets.
Europe also needs to rebuild its own refining and smelting capacity, especially given the increasing importance of recycling to decarbonisation. The current “not in my back yard” position can only be changed by government policy.
Energy costs will remain an issue, but this must be balanced with security of supply. Europe can no longer afford to outsource everything which is challenging, dirty or can be done cheaper elsewhere.
Europe collectively needs to address the challenges made evident by the war in Ukraine or it risks becoming a manufacturing museum and merely a holiday destination.
European manufacturers must also reassess how they secure reliable long-term supply of materials.
This will perhaps include direct investments in mining assets.
Carmakers racing for lithium have been ‘asleep at the wheel’
One of Australia’s biggest lithium miners says major carmakers have been caught “asleep at the wheel” having failed to lock in adequate supplies of lithium and other vital battery raw materials to meet the rapidly rising global demand for electric vehicles.As the era of electric vehicles (EVs) continues to accelerate, battery manufacturers and carmakers from Volkswagen to Tesla are racing to secure supplies of a range of metals such as lithium, nickel and cobalt, with output failing to keep up with ballooning demand.
The supply crunch sparked a stunning rally last year in prices for lithium, one of the key building blocks for EV batteries. Shipments of hard-rock lithium concentrate known as spodumene sent from Australia averaged about $US400 a tonne in 2020 are fetching beyond $US2000 today.
Ken Brinsden, the outgoing chief executive of $9 billion miner Pilbara Minerals, warns automakers are likely to continue having to pay “through the nose”.
“It happened because the carmakers were asleep at the wheel,” Mr Brinsden said.
“They were not paying attention to the raw material supply base; they were too far removed.
“If you are an average car or EV maker or you’re a cell maker, today you are just about hitting the panic button.”
In 2018, the lithium market went from boom to bust, as a rush of new supply projects collided with a slowdown in EV sales.
Now, as EV sales are building across the US, Europe and China and world governments are unleashing post-pandemic stimulus packages targeting clean energy, the lithium market has been left deeply under-supplied.
UBS analyst Lachlan Shaw said lithium prices were “at or near all-time highs” and were expected to remain elevated as indicators of consumer interest in EVs continued to go “from strength to strength”.
“The order books to buy an EV in Europe now is well into 2023, so you have to wait over a year to get an EV in some cases,” Mr Shaw said.
Mr Brinsden says unlike North Asia, Australia won’t become a battery manufacturing powerhouse but will need to invest in adding value to lithium and reducing waste to access markets in the US and Europe.
“The current spodumene solution is not going to cut it when you’re delivering 95 per cent waste to Europe and they have to store it somewhere in their backyard,” he said.
www.smh.com.au/business/companies/carmakers-racing-for-lithium-have-been-asleep-at-the-wheel-20220401-p5aa31.html
*To remind,
Soaring lithium prices have electric vehicle makers circling resource explorers
As lithium and other critical mineral prices continue to sky-rocket, electric vehicle-giant Tesla may resort to mining its own supply, while it and other manufacturers lock-in offtake with aspiring miners.
Lithium is essential to electric vehicles and other renewable energies and its price rising from US$17,000 per tonne in 2021 to more than US$78,000/t this year.
Tesla co-founder and chief executive officer Elon Musk tweeted during the week saying the soaring lithium price “has gone to insane levels”.
“Tesla might actually have to get into the mining and refining directly at scale, unless costs improve,” he said.
“There is no shortage of the element itself, as lithium is almost everywhere on earth, but pace of extraction/refinement is slow,” he tweeted.
The rocketing price and predictions of supply shortages has prompted Tesla and other EV manufacturers to go direct to advanced explorers and miners to lock-in their lithium requirements.
Tesla an early mover on advanced explorers
Tesla’s move on Core, follows earlier deals to cement its own supply of critical battery metals.
Late last year, Tesla locked-in a binding offtake agreement with Syrah Resources.
In this agreement, Tesla will purchase about 8,000tpa of natural graphite anode material from Syrah’s vertically integrated facility in Vidalia.
In September 2020, Tesla also approached US-focused Piedmont Lithium.
Tesla signed a binding sales agreement to purchase about 160,000tpa annum of Piedmont’s proposed spodumene output from its namesake project in North Carolina.
Other lithium juniors that could be potential offtake targets
With Tesla and other manufacturers circling juniors, what other ASX-listed explorers could be the next target for a new supply deal?
In Nevada, ioneer is advancing its Rhyolite Ridge lithium-boron project to provide a US domestic supply of lithium chemicals.
The project is close to numerous gigafactories including ones owned by Tesla, Panasonic, LG, Toyota, and Ford.
Another advanced brine explorer is Galan Lithium with its flagship Hombre Muerto West project in Argentina.
Over in the Democratic Republic of Congo, AVZ Minerals is progressing the world’s largest undeveloped hard rock lithium resource at its Manono project.
Soaring lithium prices have electric vehicle makers circling resource explorers
As lithium and other critical mineral prices continue to sky-rocket, electric vehicle-giant Tesla may resort to mining its own supply, while it and other
Food for thought on the Road to Germany
Frank
Frank
Top 20
Nigel Ferguson, AVZ Minerals: "We have $500 million worth of expressions of interest from lenders”
The head of the continent’s largest lithium project in DR Congo spoke to Africa Business+ ahead of a final investment decision expected in the coming weeks and just after the arrival of a Chinese investor linked to CATL.
Nigel Ferguson, AVZ Minerals: “We have $500 million worth of ex
The head of the continent’s largest lithium project in DR Congo spoke to Africa Business+ ahead of a final investment decision expected in the coming wee
FID expected in the coming Weeks
WTF Don't we need a ML and BFS which was in it's "Final Stages" back in October first
TheCount
Regular
Nigel Ferguson, AVZ Minerals: "We have $500 million worth of expressions of interest from lenders”
The head of the continent’s largest lithium project in DR Congo spoke to Africa Business+ ahead of a final investment decision expected in the coming weeks and just after the arrival of a Chinese investor linked to CATL.
Nigel Ferguson, AVZ Minerals: “We have $500 million worth of ex
The head of the continent’s largest lithium project in DR Congo spoke to Africa Business+ ahead of a final investment decision expected in the coming weewww.africabusinessplus.com
View attachment 4127
FID expected in the coming Weeks
Don't we need a ML and BFS which was in it's "Final Stages" back in October first
View attachment 4128
Just seen on the Bird too...
Who's selling their shares? Not me!!
TC.
Remark
Top 20
Does anyone have a subscription?
Remark
Top 20
I was going to warn H00ts but it is too entertaining
“Never argue with an idiot. They will drag you down to their level and beat you with experience.”
Frank
Top 20
Ganfeng encourages US EV makers to take stake in its Mexican project to secure supply
Ganfeng says its open to selling a stake in its Mexican project to EV makersChina’s largest lithium producer Ganfeng is open to US automakers making a “strategic” investment in the Sonora lithium mine in Mexico, as they seek to create a North American supply chain for battery raw materials.
The US$420mn Sonora project is scheduled for first production next year, and Ganfeng told Benchmark Minerals Intelligence that an investment by Ford, GM or Tesla would help provide automakers with reliable supplies of lithium that can be easily shipped across the border to plants in the US.
“We are open to having strategic investors in our Mexico project, together with investment we could have an offtake agreement with them,” vice chairman Wang Xiaoshen said.
But Mexico’s president Andrés Manuel López Obrador has been talking nationalisation again, saying that if Congress does not approve a constitutional reform on electrical matters this week he will push for a rewrite of the country’s Mining Law.
“In the event that the members of Congress that represent vested interests prevent the reform, in that case, they will not be able to dispose of lithium. They care a lot about lithium, as they want to put their hands on this strategic mineral,” he said.
“If we were to be betrayed, we can still resort to reforming the Mining Law.”
The president pointed out that amending the Mining Law would “make lithium a mineral that belongs to the nation, to the Mexicans.”
Here’s how ASX lithium stocks are tracking today:
A total of 22 stocks were in the green today, with 28 flat-lining and a whopping 64 in the red.
Victorian Tesla electric car uptake more than doubles in first quarter 2022
EV uptake in Victoria has seen a significant shift in the last three months – particularly in the case of market leader Tesla, which sold seven out of 10 cars in Australia in 2021.New data from carloop shows that Victoria, which went through harsher lockdowns during the pandemic, is bouncing back very quickly with the first quarter of 2022 showing Tesla uptake more than double compared to the same period in 2021.
142% increase in Q1 Tesla uptake in 2022
Victoria saw 1,223 new Tesla EVs on the road in the first 3 months of 2022. The recovery from the pandemic has seen many new EV owners in Victoria – showing an uptake increase of 142% in the state.
This increase comes on the back of the Victorian ZEV subsidy scheme introduced last year after the Victorian government set a target of 50% of all EVs to be electric by 2030 in order to reduce transport emissions.
With March being the main delivery month for Tesla’s to export markets from Australia’s supply plant of Shanghai, there was an increase of 60% in deliveries to Victorian drivers in 2022 compared to 2021.
Tesla EV Uptake Predictions for Q2 and Beyond
With Tesla uptake on significant growth in Victoria and other states in Australia compared to previous years, 2022 looks to be a very strong year for Tesla in the state.
Even after the Tesla Model 3 price increases in Australia during March 2022, the demand seems to outstrip supply significantly.
With Model Y launch in Australia looking to be getting closer, we predict over 20,000 Tesla EVs to be delivered nationwide by the end of 2022 which would be great news for EV uptake as a whole in Victoria and the rest of the country.
*To Remind,
Elon Musk says Tesla might have to get into mining
Elon Musk has tweeted that Tesla might have to actually get into lithium mining and refining because of sky high prices and a long lead time to production.Musk was responding to a tweet showing the price has increased around 1653% since 2012.
But it’s not the first time the EV giant has looked to mine its own lithium.
In 2020 Tesla secured its own rights to mine lithium in Nevada after a deal to buy a lithium miner fell through, but it was a clay deposit which is difficult to produce commercial quantities from.
It’s unclear what direction the EV giant will take or if more manufacturers will follow in Tesla’s footsteps.
Earlier this month Benchmark Minerals Intelligence boss Simon Moores flagged that EV makers need to get become miners if they want to secure supply and manufacture at scale.
“If OEMs don’t get a grip on this soon … raw materials prices will continue to go up,” he said.
Food for thought
Frank
Frank
Top 20
The lithium ion battery is a Megatrend of the 21st century.
It is the platform technology that enables trillions of dollars of downstream value especially in EVs and energy.
Simon Moores
*Food for thought
Frank
Retrobyte
Hates a beer
I've started a new part time job this week (because AVZ enabled me to pay off my mortgage and dial things back a bit) so haven't been goofing off online today until just now so am catching up on today's events, but since I work in HR I can say with confidence that hiring a HR person is the strongest smoke signal we've seen so far that the ML has been approved.
CashKing
Regular
Well done bud, love seeing people get ahead in life, who says you have to work hard to make it
just smart and believe in yourself when others don’t. Best wishes and enjoy your free time to the max
Retrobyte
Hates a beer
Well done bud, love seeing people get ahead in life, who says you have to work hard to make it
Best wishes and enjoy your free time to the max
Thanks mate - only needed to sell a portion of my holding to pay off the mortgage (first bought in at 4 cents in 2017) so I am still holding a boatload and excited about what is yet to come - whether that is a takeover at a big premium, going mining with a massive SP multiple, or living off divvies until I fall off the perch
Retrobyte
Hates a beer
I'd just like to point out to you retro, that even if you fall off the perch, the divvies will still keep coming
The gift that keeps giving for the missus and kids!
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