#Toyota finally decides to move away from nickel, betting on #lithium.
"The move to Li-ion revealed in the earnings call is targeted at hybrids, which are playing a huge role in bolstering the company’s sales."
https://t.co/7HldtV4K7e
At last some sanity!
Inside Erik Prince’s USD 100 million mission to secure DRC mines, fight M23
✍🏼UVIRA — Erik Prince, the American private-security entrepreneur and founder of Blackwater which changed its name to Xe Services in 2009 and Academi in 2011 before merging into Constellis Group in 2014, has moved to eastern DRC’s battlefield as President Félix Tshisekedi’s regime seeks to reverse its military losses to AFC/M23 rebels.
✍🏼Erik arrived in Bujumbura, Burundi, from Kinshasa on August 15, accompanied by four personnel, according to concordant sources who spoke to The Great Lakes Eye. In the Burundian business capital, he met Burundi’s army chief Gen Prime Niyongabo at his office. On August 16, Erik and Niyongabo crossed into eastern DRC through the Gatumba-Kavimvira border and proceeded to Uvira town in the South Kivu Province’s territory with the same name, the sources said.
✍🏼The trip followed a secret security meeting in Kinshasa involving Erik, Tshisekedi, and senior Congolese and Burundian officials. At the center of those discussions, sources say, was a USD 100 million offer from Tshisekedi to Erik to secure strategic mining sites in eastern DRC and help retake territory controlled by AFC/M23. Erik travelled to Uvira to assess the battlefield directly and determine how private military personnel could be deployed.
Read:https://t.co/i8gyvr62Dh
The Coalition and One Nation are set to hold a majority in the Victorian upper house, with a new poll showing Labor will be reduced to just nine of 40 seats.
https://t.co/dXSsimmyjg
The DRC Is About to Become One of the World's Largest Lithium Producers. The Manono Project Is Not a Development Story. It Is a Control Story.
Manono could produce about 130,000 tonnes of lithium carbonate equivalent annually, potentially close to 5% of global supply by 2028.
But the bigger question is not how much lithium the DRC will produce. It is who controls the project, who controls the processing, and how much of the value stays in the country.
Zijin holds the dominant position. The DRC retains equity, but equity does not automatically mean control over capital, technology, processing or access to markets. Meanwhile, the dispute involving AVZ Minerals and interest from KoBold Metals show just how strategically important Manono has become.
https://t.co/YzJCKE8ITG
Au cours des six dernières années, @Cominière #RDC n'a pas tenu ses promesses en matière d'infrastructures et de développement minier. Le projet #Zijin Manono @Manonolithium en est un exemple flagrant : malgré des engagements initiaux concernant la mise en place d'une unité de traitement de l'hydroxyde, les opérations actuelles se limitent strictement à l'extraction et à l'exportation de lithium brut.
Si la République démocratique du Congo avait maintenu son partenariat avec $AVZ Minerals, une unité de traitement entièrement localisée serait déjà en place. Afin de préserver le climat des investissements dans le pays, le gouvernement de la RDC – et plus particulièrement les ministères des Mines @MinMinesRDC , de la Justice @JusticeGouvCD et du Portefeuille – doit exiger des comptes de toute urgence de la direction de Cominière, notamment de @LisetteKabanga Lisette Kabanga, de @CelestinKibeya Célestin Kibeya et de l'ancien et @adelekayinda01 et directeur général de la #CAMI, Jean-Félix Mupande Kapwa @JFMK Des mesures correctives immédiates s'imposent, à commencer par la signature d'un protocole d'accord et l'obtention d'un permis d'exploitation minière valide pour réintégrer AVZ.
Monsieur le président, @Presidence_RDC combien vous ont-ils menti et peuvent-ils continuer ainsi sans aucune conséquence ? Quand allons-nous enfin dire stop à cette corruption généralisée ? Ils s’enrichissent personnellement, ayant accepté plus de 100 millions de dollars de pots-de-vin pour le seul projet #Manono #lithium , sans parler des financements occultes liés à tous les autres projets.
@StateDept@SecRubio@US_SrAdvisorAF
@KiengeKki@grumpcentral Kobold and DRC can fix very quickly Grant the mining licence and pay what it’s worth
Or AVZ can deal with the Chinese
We’ve waited years. No rush
#Minning_RDC🇨🇩 #LITHIUM#MANONO : Kinshasa veut appuyé sur l'accélérateur de l'exploitation
Kiki #Kienge
Selon nos sources, le gouvernement congolais souhaiterait accélérer le développement du gisement de lithium de Manono, tout en évitant que les contentieux juridiques autour de #Dathcom Mining ne retardent davantage le projet.
À Kinshasa, l'objectif serait de voir #KoBold Metals et $AVZ/Dathcom concrétiser leur dialogue, notamment autour d'une possible acquisition par KoBold d'une partie des intérêts liés au gisement.
Afin de permettre la mise en pratique de l'accord sur les minerais entre les USA et la RDC.
Une telle solution permettrait à la RDC de sécuriser le développement de Manono, tout en recherchant une issue négociée au différend avec #AVZ et en réduisant le risque de nouveaux conflits judiciaires.
L'enjeu est stratégique : transformer Manono en projet minier opérationnel, sans laisser les batailles juridiques continuer à bloquer l'exploitation d'une des ressources de lithium les plus importantes du pays.
#AFRONEWS24
@NgefaGuillaume@MinMinesRDC@LouisWKabamba@Presidence_RDC@KoBold_Metals@AvzMinerals@US_SrAdvisorAF@marcorubio
To all the #IstandWithDan and Jacinta Allan supporters here who gave anyone criticising them hell over the last 12 years, when the new Victorian Premier, who has watched everything from up close behind closed doors for the last 12 years, said in his first presser “I’m not Dan Andrews, I’m not Jacinta Allan, in a government I lead, integrity will not be optional”,
Did that give you any pause for thought? Or where you all paid and thus knew what was going on and are just actors?
@_smogdaddy nails it on class action led by sf120 against Nigel Ferguson $AVZ
Anyone signing up on sf120 class action is basically a clueless investor.
https://t.co/lLP4ygmNAy
TRUMP MINING EVENT UPDATE
ATTENDEES PER BLOOMBERG:
MP Materials — $MP
USA Rare Earth — $USAR
Energy Fuels — $UUUU
United States Antimony — $UAMY
The Metals Company — $TMC
Rio Tinto Group — $RIO
BHP Group — $BHP
Freeport McMoRan — $FCX
Sunrise Energy Metals — $SRL.ax
Per Bloomberg, some companies are still determining whether they will attend in person and if so, which executives to send, according to the people familiar. Trump is set to be joined by leaders of his National Energy Dominance Council, including Interior Secretary Doug Burgum, executive director Jarrod Agen, as well as White House adviser David Copley.
The event is designed to showcase efforts to help spur critical minerals development and processing, with plans to unveil a handful of a deals and memoranda of understanding, according to people familiar with the summit, who requested anonymity to provide details ahead of a formal announcement.
The event has been in the works for weeks, though there’s been a rush to pull together final details in recent days, with a range of US government agencies tapped to participate, some of the people said.
Specifics on potential deals were not immediately available Thursday. Ahead of the session, White House officials asked government agencies to detail recently closed deals and MOUs that would help demonstrate momentum on the president’s critical minerals agenda, some of the people said.
A White House official said the administration is putting together a historic meeting of mining industry officials as the president advances measures to support critical mineral development.
Source: https://t.co/wueymf3bAl
While the documentation is copy of what looks like an official document, it reveals that #Kobold is actively attempting to bypass our $AVZ licensing agreement. They apparently have the backing of the State Department’s Secretary for African Affairs, who seems indifferent to international courts and the rule of law, despite our ongoing ICC and ICSID litigation.
Katabuka and Kobold’s in-house counsel, Sandy, are pursuing the asset through DRC contacts without regard for our legal position. However, sources indicate the Minister of Justice @JusticeGouvCD dismissed Kobold from a second meeting, expressing frustration over their disregard for the rule of law and argues for an amicable resolution to the issue for all stakeholders 🙏
@StateDept@US_SrAdvisorAF@SecRubio
Victoria’s new Premier is Labor’s Ben Carroll. His claim to fame? Rolling out “Respectful Relationships” in Victorian schools, a Trojan horse for teaching gender ideology and normalising concepts of sexuality to children, while telling boys that masculinity is something to be ashamed of and toxic. Ben Carroll is a loser and Victoria is cooked.
You can’t be that stupid $AVZ spent over USD 100,000,000 proving up resource for all of Manono, produced DFS, SEZ and followed your Mining Code down to a tee and more only to to have stolen away because of your corrupt Cominiere who sold out your country to Zijin.
@icsid WILL DECLARE A VERDICT THAT WILL BE SO EMBARRASING FOR YOUR COUNTRY ‼️ that will deter future Western Investments - and China ending up owning your whole country due to corruption.
The Prime Minister and Labor have no moral authority to be attacking One Nation and Pauline Hanson when they dine with Daniel Andrews with Felix Lee.
That is a recipe for disaster.
Australians beware