AVZ Discussion 2022
- Thread starter GazDix
- Start date
For me I think it's key that Kobold had been looking at the core library back around October/November so this has been in the works for awhile, even before Trump. They don't have the cash themselves for a buyout so not sure what the arrangement will be or the JVs in place.
My guess is that it will be within range of the arbitration claims +-30%
Bustedplugga
Observer
I might be wrong but I think kobold is privately owned?
Spikerama
Regular
Just use this one for now JAG. It works on Desktop. Still need to work on the story text but I'm fried. Spent two days & nights on this.
ICSID Arbitration Countdown
Countdown to the ICSID tribunal of AVZ vs DRC (Congolese).
avz-icsid-final-countdown.netlify.app
Correct. CATL knows Trump wants them out so nothing short of a killer bid can save them IMO.
Yet it might be even too late for that given the way the geopolitical dynamic has dramatically shifted with the arrival of Trump lol.
Xi is smarting after losing the Panama ports to Blackrock and the Taiwanese chipmaker to Arizona.
Now the prospect of losing a resource like Manono/RD in quick succession is a personal setback and comes on top of emerging reports he has lost command of the PLA.
As you say, your move Panda boy.
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Kobold is not here to fuk around.
They know CATH has their fingers in the pie already, and had $$ to back it.
Kobold isn't going to make a half-arsed attempt to take this over just to see how it goes. A few here have already suggested ICC claim amount as a minimum threshold and I think that's probably right. I would expect a bit more just to hammer home the certainty of it and preempt any attempts from CATH to step in.
But fk me, what a way to finish the week.
Fingers crossed we're entering the final chapter of this shit-show saga.
Stay strong folks and have a good weekend.
They know CATH has their fingers in the pie already, and had $$ to back it.
Kobold isn't going to make a half-arsed attempt to take this over just to see how it goes. A few here have already suggested ICC claim amount as a minimum threshold and I think that's probably right. I would expect a bit more just to hammer home the certainty of it and preempt any attempts from CATH to step in.
But fk me, what a way to finish the week.
Fingers crossed we're entering the final chapter of this shit-show saga.
Stay strong folks and have a good weekend.
What's worse than losing influence (essentially control) of Manono? Losing it for peanuts.Correct. CATL knows Trump wants them out so nothing short of a killer bid can save them IMO.
Yet it might be even too late for that given the way the geopolitical dynamic has dramatically shifted with the arrival of Trump lol.
Xi is smarting after losing the Panama ports to Blackrock and the Taiwanese chipmaker to Arizona. Now losing a resource like Manono/RD in quick succession is a setback coming on top of emerging reports he has lost command of the PLA.
As you say, your move Panda boy.
Even if too late, I suspect the Chinese will try to force the yanks to pay full price for the privilege that is Manono.
I fully expect a 'package almost too good to refuse' is in motion from the Chinese. Even to save face.
I saw a post earlier that they 'saved' AVZ. Fuck them, they were deep dicking the scum who allegedly tried overthrow the board. My opinion of them could be swayed if they do indeed make this a bidding war though.
While I’d love to see a bidding war between CATL and KOBOLD metals- can’t help but feel the crit minerals deal for security is contingent on the US receiving the rights to south manono. I don’t think even a fair bid by China would be acceptable in this multiple moving parts type deal. Almost feels like geopolitically it’ll have to be a US firm that takes over.Correct. CATL knows Trump wants them out so nothing short of a killer bid can save them IMO.
Yet it might be even too late for that given the way the geopolitical dynamic has dramatically shifted with the arrival of Trump lol.
Xi is smarting after losing the Panama ports to Blackrock and the Taiwanese chipmaker to Arizona.
Now the prospect of losing a resource like Manono/RD in quick succession is a personal setback and comes on top of emerging reports he has lost command of the PLA.
As you say, your move Panda boy.
I’m still optimistic we’ll get a fair price - the 6bn++ odd damages noted by nige should hopefully be the floor in all this!
Other thought's on pricing -
If they're letting Zijin keep the North, and this deal wraps up all the ongoing arbitration shit, AVZ isn't going to accept a deal where we walk away getting LESS out of it than Zijin.
Gonna try really hard not to post ramble but this is exciting news. Maybe time to log off and go do something else for a bit
If they're letting Zijin keep the North, and this deal wraps up all the ongoing arbitration shit, AVZ isn't going to accept a deal where we walk away getting LESS out of it than Zijin.
Gonna try really hard not to post ramble
but this is exciting news. Maybe time to log off and go do something else for a bitYou'll need to translate the page, but another article here.
www.bizportal.co.il
גייטס ובזוס נלחמים על הליתיום של קונגו
חברת KoBold Metals הנתמכת על ידי ביל גייטס וג'ף בזוס מציעה לפתח אחד ממקורות הליתיום העשירים בעולם, בניסיון לבלום את ההשפעה הסינית בקונגו ולפתור סכסוך רווי מתחים על הזיכיון
5 bucks minimum or we take it all the way through the courts for 10bn.
Here ya go.....You'll need to translate the page, but another article here.
גייטס ובזוס נלחמים על הליתיום של קונגו
חברת KoBold Metals הנתמכת על ידי ביל גייטס וג'ף בזוס מציעה לפתח אחד ממקורות הליתיום העשירים בעולם, בניסיון לבלום את ההשפעה הסינית בקונגו ולפתור סכסוך רווי מתחים על הזיכיון
Gates and Bezos fight over Congo's lithium
KoBold Metals, a company backed by Bill Gates and Jeff Bezos, is proposing to develop one of the world's richest lithium sources, in an attempt to curb Chinese influence in Congo and resolve a tense dispute over the concession.Avichai Tedassa | 21/03/2025 15:55
Topics in the article
KoBold Metals, backed by Bill Gates and Jeff Bezos, is moving into the Congo mining market with a clear goal: to develop one of the world’s largest hard lithium deposits. The company, which uses artificial intelligence to identify resources critical to the global energy transition, has submitted a proposal to the Congolese government to develop the Roche Dure deposit, a site at the center of a long-running legal dispute between Australian, Chinese and local companies. It is the first move by a major American mining company in the African country, and one that could change the global balance of power in the lithium market.
KoBold’s offer comes at a sensitive time, not only with lithium prices having fallen more than 80% since their peak in 2022, but also amid the rapid expansion of Chinese companies in Africa. China’s Zijin, for example, already holds rights to the northern part of the deposit and aims to open its first lithium mine in Congo in early 2026. At the same time, Australian company AVZ Minerals, which was close to starting construction on the entire area, lost its rights in 2023 after the government canceled the agreement and divided the license among several parties.
KoBold's proposal also includes a potential solution to the dispute - the American company offers to take over the southern part of the deposit, while Zijin will keep the northern part. In return, AVZ will receive financial compensation and give up its claims to the entire license. KoBold also wants the government to have a minority stake in the project, instead of the state-owned company Cominiere, which cooperated with AVZ until relations deteriorated.
- Bill Gates on the wild past, the future of AI, and Trump's fight over healthcare
- Who is the richest man in the world and what is the fortune of the founder of Nvidia?
Who is KoBold Metals?
KoBold Metals is an American mining and technology company founded in 2018, working to locate and produce resources essential to the transition to renewable energy – primarily lithium, cobalt, copper, and nickel. The company focuses on developing artificial intelligence tools and unique algorithms that allow it to identify rare metal deposits in complex geographical areas, and is currently active in more than 70 sites around the world, including in Zambia, Canada, Australia, the US and Congo. KoBold enjoys the support of a number of prominent entities, led by Bill Gates' Breakthrough Energy Ventures, Jeff Bezos' Bezos Expeditions, and Michael Bloomberg's investment fund. Although Gates and Bezos have no direct involvement in the company's management, their funds are among the main investors. The company represents a growing trend of direct American involvement in the markets for critical raw materials for the battery and electric vehicle industries, in an attempt to reduce dependence on supplies from Chinese-controlled sources.
The talks are taking place alongside advanced talks between Congolese President Felix Tshisekedi and the Trump administration regarding a “minerals-for-security” agreement. Congo, which is rich in resources but plagued by internal conflicts, sees cooperation with Western players as a way to stabilize its economy and attract high-quality investment. KoBold is already operating in the region – it is developing a copper mine in neighboring Zambia and manages over 70 projects around the world. In this case, entering Congo could be a turning point – both in terms of developing one of the world’s most important sources of lithium, and as an American response to China’s growing presence in the new energy market. If it manages to reach an agreement with all the players involved and resolve the legal disputes, the company is expected to establish a significant foothold in one of the critical countries for the future of the electric vehicle industry.
That is very positive news .Here ya go.....
Bill Gates and Jeff Bezos; Credit: Social Media
Gates and Bezos fight over Congo's lithium
KoBold Metals, a company backed by Bill Gates and Jeff Bezos, is proposing to develop one of the world's richest lithium sources, in an attempt to curb Chinese influence in Congo and resolve a tense dispute over the concession.
Avichai Tedassa | 21/03/2025 15:55
Topics in the articleBill Gates Jeff Bezos
KoBold Metals, backed by Bill Gates and Jeff Bezos, is moving into the Congo mining market with a clear goal: to develop one of the world’s largest hard lithium deposits. The company, which uses artificial intelligence to identify resources critical to the global energy transition, has submitted a proposal to the Congolese government to develop the Roche Dure deposit, a site at the center of a long-running legal dispute between Australian, Chinese and local companies. It is the first move by a major American mining company in the African country, and one that could change the global balance of power in the lithium market.
KoBold’s offer comes at a sensitive time, not only with lithium prices having fallen more than 80% since their peak in 2022, but also amid the rapid expansion of Chinese companies in Africa. China’s Zijin, for example, already holds rights to the northern part of the deposit and aims to open its first lithium mine in Congo in early 2026. At the same time, Australian company AVZ Minerals, which was close to starting construction on the entire area, lost its rights in 2023 after the government canceled the agreement and divided the license among several parties.
KoBold's proposal also includes a potential solution to the dispute - the American company offers to take over the southern part of the deposit, while Zijin will keep the northern part. In return, AVZ will receive financial compensation and give up its claims to the entire license. KoBold also wants the government to have a minority stake in the project, instead of the state-owned company Cominiere, which cooperated with AVZ until relations deteriorated.
- Bill Gates on the wild past, the future of AI, and Trump's fight over healthcare
- Who is the richest man in the world and what is the fortune of the founder of Nvidia?
Who is KoBold Metals?
KoBold Metals is an American mining and technology company founded in 2018, working to locate and produce resources essential to the transition to renewable energy – primarily lithium, cobalt, copper, and nickel. The company focuses on developing artificial intelligence tools and unique algorithms that allow it to identify rare metal deposits in complex geographical areas, and is currently active in more than 70 sites around the world, including in Zambia, Canada, Australia, the US and Congo. KoBold enjoys the support of a number of prominent entities, led by Bill Gates' Breakthrough Energy Ventures, Jeff Bezos' Bezos Expeditions, and Michael Bloomberg's investment fund. Although Gates and Bezos have no direct involvement in the company's management, their funds are among the main investors. The company represents a growing trend of direct American involvement in the markets for critical raw materials for the battery and electric vehicle industries, in an attempt to reduce dependence on supplies from Chinese-controlled sources.
The talks are taking place alongside advanced talks between Congolese President Felix Tshisekedi and the Trump administration regarding a “minerals-for-security” agreement. Congo, which is rich in resources but plagued by internal conflicts, sees cooperation with Western players as a way to stabilize its economy and attract high-quality investment. KoBold is already operating in the region – it is developing a copper mine in neighboring Zambia and manages over 70 projects around the world. In this case, entering Congo could be a turning point – both in terms of developing one of the world’s most important sources of lithium, and as an American response to China’s growing presence in the new energy market. If it manages to reach an agreement with all the players involved and resolve the legal disputes, the company is expected to establish a significant foothold in one of the critical countries for the future of the electric vehicle industry.
Kobold Metals certainly has the financial backing to offer a fair value in a take over.
Wait to see if Trump puts conditions on US ownership or rights on rail and port transport routes .
Fair Value ?
Would happily take shares in Kobold Metals in a take over .
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