AVZ Discussion 2022
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Mouthpiecenomnom
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https://thedefensepost.com/2026/02/25/un-dr-congo-ceasefire/
UN arrives to continue being useless observers.
UN arrives to continue being useless observers.
Samus
Top 20
GEOPOLIS ECONOMY
Social impact of COMINIERE SA mining projects in Manono and its surroundings
Célestin Kibeya receives the satisfaction of the Caucus of National Deputies elected from Tanganyika
The Caucus of National Deputies elected from Tanganyika appreciates at its true value the work carried out by the current management of the Congolese Mining Company (COMINIERE SA), a commercial company under Congolese law specializing in prospecting, mining, and metallurgical treatment, at the forefront and heart of the mega "Manono Lithium Project." The Caucus of National Deputies elected from Tanganyika made this known this Tuesday, February 24, 2026, to the press following a bipartite meeting in Kinshasa, the capital of the Democratic Republic of Congo (DRC), with the Director General of COMINIERE SA, Mr. Célestin Kibeya Kabemba. But what exactly did they talk about? Interviewed by Geopolis Hebdo, one of the media outlets of the Geopolis Forum Press Group, which is celebrating its 20th year of existence, the head of COMINIERE SA, without delay, set the record straight.
"With the Caucus of National Deputies elected from Tanganyika, the question was to discuss with the Management of COMINIERE SA the social and environmental impact of the projects it pilots in this young province resulting from the last administrative division. It was also a matter of updating the people's representatives on the ongoing negotiations with potential investors interested in creating joint ventures with the parastatal for the exploitation of the lithium-rich deposits of Manono, the infrastructure under construction in the area and to be built in accordance with the specifications, including social infrastructure, the Kalemie-Manono road via Nyunzu, 446 km long, where work is proceeding normally, and the construction of the Nyemba bridge on the Kalemie - Nyemba axis, about a hundred km from Kalemie, 136 meters long, built by Malta Forrest and definitively accepted by the Office des Routes," declared Mr. Célestin Kibeya Kabemba to the media outlet on Isiro Avenue.
Regarding the Kalemie-Manono road via Nyunzu, the work consists, among other things, of clearing the right-of-way and treating quagmires, as well as installing culverts on small stream crossings and the most sensitive areas regarding the topography of this road. This project to pave the Kalemie-Manono road axis is subdivided into 3 lots, according to the Provincial Directorate of the Congolese Agency for Large Works (ACGT) in Tanganyika.
The first lot goes from Manono to Kiyambi, a road 107 km long, which is being rehabilitated by the Chinese company CREC 7. The second lot, of 148 km, goes from the village of Mbayo to Nyunzu, piloted by the company Qiao-Yang, while the third axis links Nyunzu to Kalemie.
Launched in October 2024, these road paving works will last 5 years, which will allow for the opening up of territories in the Tanganyika province and facilitate not only the exploitation of Manono lithium but also its evacuation by road to various corridors including Lobito. The cost of the work amounts to more than 500 million USD under public-private financing.
Kibeya and COMINIERE SA on all fronts
Indeed, Manono lithium is a new project on the national stage. Lithium has always existed in the DRC, but it was necessary to wait for the technological revolution in electric batteries for it to finally be exploited. To exploit it, Kinshasa will have to meet many challenges, including the availability of electrical energy in Manono. In this regard, COMINIERE SA inherited a hydroelectric power station from GEOMINES. Since the social purpose of a mining company is exclusive, the shareholders of COMINIERE SA decided, on January 13, 2025, during a general assembly at its headquarters in Kinshasa, to create an energy subsidiary called "Mpiana Mwanga Power Sarlu" which deals essentially with the production of energy essential for exploitation and distribution. Mpiana Mwanga 1 and 2 have been rehabilitated to increase their capacity before constructing Mpiana Mwanga 3. The first power plant, Mpiana Mwan...
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[Unit] 1 is already functional with three turbines each producing 4.5 MW. The second plant also includes three turbines with a total capacity of 10 MW. Mpiana Mwanga 3 will produce around 150 MW. This will bring the total to 200 MW.
The other challenge is the access routes related to roads and bridges. In this regard, COMINIERE SA is also involved in the road axes ranging from Manono to Luambo, 479 km long, and from Manono to Kalemie. A bridge has already been built over the Luvua River, an outlet of Lake Moero and 380 km long, to facilitate flow, specifically the export of concentrates. To establish a value chain on-site, this mining project also needs inputs including consumables, fuel, and other elements necessary for the metallurgical process. One cannot develop a mining project without energy. Nor can one develop a mining project without infrastructure, without access routes. It is important to invest in infrastructure not only for mining projects but also for the integral development of the country with spillover effects on agricultural and other projects.
Overall, through frank, civic, and truthful dialogue, the aim was to evaluate the corporate social responsibility of this public enterprise, the result of a decision by the General Assembly of Shareholders, composed of the Ministry of Portfolio and the National Social Security Fund (CNSS), in accordance with the CSR standard and the relevant recommendations of Law No. 18/001 of March 09, 2018, amending and supplementing Law No. 007/2002 of July 11, 2002, concerning the Mining Code in relation to mining projects located around the riverine communities impacted by mining activities. The share capital of COMINIERE SA is majority-owned by the Congolese State at 90% via the Ministry of Portfolio, with the remaining 10% belonging to the CNSS.
Restoring Congolese State sovereignty over lithium
The Caucus of National Deputies elected from Tanganyika is not the first group to recognize the work done by the Kibeya team. "CEO Kibeya is the one who succeeded in restoring the Congolese State's sovereignty over lithium," notes an observer of the Congolese mining sector who requested anonymity. For him, the credible and effective governance of this public official, under the vision of the Head of State, Félix Tshisekedi, and the action of the Prime Minister, Judith Suminwa, has provided the central government with the tools to act with precision in the lithium sector.
Dieudonné Buanali
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Carlos Danger
Top 20
Winenut
GO AVZ!!!!
It just fucking shits me we're still in this fucking position with Celestin in control of Cominiere
When is that cunt going to be offed.......
BRICK
Zeebot Located
go fund me page perhaps?
Bin59
Regular
Remember this article below from Dec 2022 condemning Celestin, and nothing changed …
Le cri d’alerte de la Société civile : du désordre chez Cominiere et de la qualité de M. Kibeya Kabemba, son directeur technique, d’engager cette entreprise du Portefeuille de l’Etat - L'Info qui fait écho
Célestin Kibeya Kabemba, directeur technique de La Cominière, ne peut pas se dédouaner de ses actes dans la cession des parts de cette entreprise du…
econewsrdc.com
“Our organizations wish to remind the government of the Republic, the judicial authorities, the General Inspectorate of Finance, and the Board of Directors of Cominière SA that, based on the minutes of the Extraordinary General Meetings of Dathcom Mining shareholders held on Saturday, November 20, 2021, convened by Mr. Mutaka Mwanza (permanent judge of the Lubumbashi Commercial Court, mandated to do so), and on Thursday, February 17, 2022, agreed by Mr. Eugène Mbomb Kalend (lawyer at the Court of Appeal of Haut-Katanga, ad hoc representative), as well as on information in his possession, Mr. Célestin Kibeya is a key player in the sale of Cominière SA shares to Jin Cheng Mining Company Limited (a subsidiary of Zijin) and in the undervaluation of the market value, as criticized by the General Inspectorate of Finance (IGF), for which Mr. Mwamba is the only defendant to date, while several elements This demonstrates internal teamwork at Cominière SA. He is not the appropriate person to lead Cominière at this time, given the circumstances in which he is involved.
Consequently, it appears that Mr. Célestin Kibeya is not authorized to bind Cominière SA, and that, moreover, he is only authorized to provide proof of his appointment by Presidential Decree or Ministerial Order. Otherwise, the State and the CNSS, which are shareholders of Cominière SA, must prosecute him for impersonating an official, granting him access to company data, some of which, related to the disputed transactions with Zijiin and other foreign companies, risks disappearing before the conclusion of the ongoing legal proceedings.”
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DRC • Pressured by Washington, Kinshasa sits on the fence over Chemaf sale
Backed by senior officials at the National Security Council and the State Department, US operator Virtus Minerals must still secure the approval of Félix Tshisekedi's government to proceed to the
Hesitant and uneasy because a sale to the yanks will cut off a line of cash to the Fat Melonhead and his family of inbred panty-sniffers.
Cheers
F
BODES WELL FOR AVZ - Time is ticking and America is going to receive a wedgy from China if they are not careful.
LINK: https://x.com/Mark4XX/status/2026747854102946002?s=20
LINK: https://x.com/Mark4XX/status/2026747854102946002?s=20
Lets hope that the AUD drops further for when AVZ interests are sold -
www.bing.com
aud vs usd - Bing
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Bin59
Regular
A good post by Dwayne Sparks responding to the mineral export ban by Zimbabwe this morning:
https://x.com/sparkes_dwayne
Dwayne Sparkes
@sparkes_dwayne
No coffee today as i spat it out reading the news that Zimbabwe is bringing forward the ban of unprocessed lithium exports, effective immediately. The export of all raw ore and spodumene concentrates is immediately banned.
A lot of tonnes about to come out of the supply side.
The only producer that doesn't export concentrate is the Arcadia mine by Huayou Cobalt, who have recently commissioned a lithium sulphate plant. The Bikita mine is also set to have a sulphate plant built but to the best of my knowledge it isn't completed yet.
Lithium sulphate is an intermediate product between spodumene concentrate and lithium carbonate. Sulphate contains about 12.62 Li which equates to about 27.2% li2O. Compare this to lithium carbonate which contains 40.4% li2O.
Why produce sulphate instead of lithium carbonate? Well the answer is quite simple really: Lower capex, less power and water, save on transporting costs of raw ore (more tonnes). Instead of transporting concentrate, you're shrinking it by ~ 4/5 fold. It works well in jurisdictions that are considered unstable.
You lower the transport costs and in turn don't have to put in the same capital as you would with a lithium hydroxide/carbonate plant.
This year from Zimbabwe alone, i had the following producers doing spodumene concentrate in my supply table: Sabi Star~ 280kt SC6 eq Dison Gwana ~ 100kt SC6 eq Bikita ~ 380kt SC6 eq Kamatavi ~300kt SC6eq Zulu~50kt SC6eq 1.11Mtpa of SC6 equivalent halted. That's about 140kt of LCE.
In a tightly balanced market, it could get scary. As I've said before (i really am a broken clock), in 2022 during the boom, 784kt of LCE hit the market and the demand was 854kt of LCE, an 8% deficit. An 8% deficit is what cause the massive spike in lithium price.
It was then a 1-3% surplus that caused the massive downturn in prices. Its a very fine balance in this lithium market and small factors could throw it into a deficit/surplus.
From what we've seen, small surpluses/deficits cause massive price swings. 140kt of LCE has just come out of the market. Food for thought.
Thanks for reading!
Retrobyte
Hates a beer
Airtasker
Hodlandwin69
Regular
Lets hope that the AUD drops further for when AVZ interests are sold -
aud vs usd - Bing
Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.
View attachment 95431
Problem is, USA is purposefully trying to weaken their dollar, and as Australia is a mining country, the minerals boom increases the strength of our dollar
BRICK
Zeebot Located
Could use airtasker for his fucking job hes so hopeless
Samus
Top 20
It's a ridiculous fucking joke, bring on the arbritrations. You wouldn't believe this shit is true except it's happening right in front of our fucking eyes.
DRC is a cesspit of criminal scum, no two ways about it.
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