AVZ Discussion 2022

[Samus]

Sounds like a dodgy taxi driver or two might have got their wires crossed when they heard Nigel jumped on a plane.

But the halarity that has ensued has been pretty entertaining

Shame though .. . I'm signing up with uber

 

[Samus]

Fyi, fwiw, I see "Real Copper" DRC Copper, not that other Crap is going gangbusters, Tin on a Tear also atm, while HC takes a turn for the worse, in a Downward Spiral, going from Fun and Informing, to Farcical and Frustrating ffs !

Copper at more than 10,000 USD per tonne this week internationally​

The prices of the main mining export products of the Democratic Republic of Congo are showing a general upward trend this week from February 21 to 26, 2022, according to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade.

Copper is trading this week at USD 10,000.06 per tonne compared to USD 9,825.80 per tonne last week, giving a positive price differential of USD 180.3.

Zinc is also trending higher this week at USD 3,657.30 per tonne versus USD 3,631.95 per tonne the previous week, a positive price differential of USD 25.35.

Similarly, tin is up this week at 43,986.50 USD per tonne against 43,377.50 USD per tonne last week, a positive price difference of 609 USD.


View attachment 1696

Yes agree Frank, in all seriousness I was just having a read and getting very frustrated which has been the case more often than not for many months. At least scoota provided a bit of relief.

With the price of lithium and tin there is a real disconnect opening up here:

Lithium carbonate 99.5%min
447,500 Chinese Yuan
equals $70,838.35 USD
Tin $43,986.50 USD


Just need drc to ignite the fuse...

 

[Doc]

Can’t believe people are still thinking Scoota was trying to be deceptive with that pic. Was f’ing funny if you ask me!

 

[ptlas]

Hi Frank

I'm not cross promoting here but with zinc on the critical list and the geopolitical climate Ironbark Zinc (IBG) in Greenland may be of interest. They have received EXIM approval for funding and are in the process of working through the equity component to potentially fully fund the mine

Might be worth a look ....full disclosure I have some which I picked up through my broker on a CR at 2.4c

If the US wants to secure zinc supplies and the proximity to Europe suits it might have some legs

Not sure if I can post a link to their home page but see if this works https://ironbark.gl/

Cheers
Nut

Hi mate
Hi guys (& gals)

Not cross promoting either, please spend a couple of hours looking at BGT.
Threads are quality but check out the FA yourself.
Some very astute holders have been around analysing and waiting for quite some time.
All the catalysts for a large re-rate are there or rapidly approaching.
Disclosure: LTH

 

[JAG]

*Fyi, fwiw, Not Lithium / AVZ related, but Chinese Mining DRC Cobalt on Foreign Correspondent tonight, anyone who's been here long enough has heard the stories and is well aware of the problem, so i will be tuning in to see for myself what exactly is uncovered in tonight's episode and what is being done to eradicate this scourge that has hung over the DRC for years, if not decades

foreign correspondent ​

The world is embracing renewable technologies, but how much do we know about the metals that are powering this green revolution?

This story exposes the shocking truth about the mining of cobalt, a metal essential to making the batteries in electric cars, laptops and mobile phones.

The world's richest deposits of cobalt are in the Democratic Republic of Congo, one of the poorest countries on earth.

It produces about 70% of world output.

This buried treasure has lured hundreds of thousands of Congolese to work in the country's mines, big and small.

But mining is dangerous, corruption and violence is rife and though child labour has been banned, it's common.

In recent years, the cobalt trade has been taken over by Chinese companies which operate 15 of the 19 big industrial mines.

Locals say that under their management, low safety standards have dropped even further.

"Unfortunately people are dying for lack of safety," says an employee of one big company.

Australian reporter Michael Davie travels to this mineral-rich country to investigate the industry - from the major Chinese-owned companies to the conditions of the small-scale workers on the fringes of the big mines.

It's a dangerous mission and Davie is followed, harassed and arrested by mine and government security officials.

What he uncovers is shocking.

The day he arrives there's been a mine cave-in, killing at least six miners.

He sees miners tunnel 25 metres underground with no safety equipment.

He meets children as young as six handling cobalt, a toxic metal which can cause serious health effects.

He meets a mother whose 13-year-old son has just been killed on the fringes of a mine whose embankment collapsed.

Companies in Congo are obliged to make sure their perimeters are safe.

He secures a video which shows a man being beaten by a Congolese soldier as Chinese mine managers watch on laughing.

And he interviews a whistleblower who accuses the Chinese mine he works for of covering up the deaths of co-workers.

He also says the country isn't benefiting from the boom.

"There is no investment coming back in terms of environment, infrastructure...We don't have road facilities, we don't have communication. There is nothing."

But there's hope amidst the gloom.

Davie meets the Good Shepherd Sisters, nuns who've set up a school near the mines and educated thousands of children.

"If the children are given education, if schools are spread all over and every child goes to school, then we are redeeming this country," says one nun.

This is a rare insight into a powerful industry which operates a dangerous business with seeming impunity.

All of us use the end product.

www.abc.net.au/foreign/blood-cobalt/13764384

Yeah nice one Frank.....definitely worth a watch. I did watch a doco a while ago where the Chinese were filmed bashing a safety guy for giving a toolbox to the crew..

Anyway, on another note........got some new ART Work....

 

[Pokok]

Dow futures sink over 700 points, oil prices spike as Putin authorizes invasion of Ukraine​

U.S. stock-index futures were tumbling Wednesday night, extending an earlier decline on Wall Street, as Russian President Vladimir Putin authorized a “special military operation” in Ukraine.

CNN on Wednesday night was reporting a cavalcade of explosions near Kyiv, the Ukrainian capital. The assault came after Putin delivered a speech on Russia media announcing the operation. President Joe Biden condemned the invasion as “unprovoked and unjustified.”

In a televised address, Putin claimed the special operation comes in response to threats coming from Ukraine. He said Russia doesn’t intend to occupy Ukraine and said the responsibility for bloodshed lies with the Ukrainian “regime.”


The Russia president also warned other countries that any attempt to interfere would lead to “consequences they have never seen.”


The action comes as Ukraine had already declared a state of emergency, mobilizing reservists and calling on its citizens to leave Russia immediately amid that threat of a full-scale invasion by Moscow.

Investors have been on edge since Putin on Tuesday ordered forces into separatist regions of Donetsk and Luhansk, in what he initially described as “peacekeeping” missions.

www.marketwatch.com

What do you think if this keeps up we will see mid to low 50ties over the coming days , then at the time the awaited announcement arrives we would be lucky to go back to 80ties , just my view and experience

 

[CHB]

Time to look away for a week...

 

[ptlas]

What do you think if this keeps up we will see mid to low 50ties over the coming days , then at the time the awaited announcement arrives we would be lucky to go back to 80ties , just my view and experience

Good points and I don't disagree.
However, volatility means large movements up and down.
Negative overall, but SP could bounce all over the place

 

[Samus]

 

[Pokok]

View attachment 1739

well that sums thing up , my thoughts were a little more nasty

 

[Winenut]

Hey Frank

Thanks for the continuing posts and contributions. I genuinely mean that.

One would hope that AVZ advances not only it's own interests but also those of the people and communities of the DRC

I feel that is somewhat at the core of the overall plan with Manono and aligns very much with Felix Tshisekedi's vision for his country

When you combine genuine and positive community and country aspirations and link that to realistic and achievable economic results while targeting positive environmental outcomes you have to be onto something good...........don't you?

 

[JAG]

Happy Friday All. I pray for Ukraine however today is.........

 

[JAG]

Nasdaq Composite turns a 3.5% loss into 3.3% gain as stock market stages epic turnaround after Russia invaded Ukraine. Here are 3 reasons for the rebound. ​

There are certainly more than 3 reasons​

“Putin is the aggressor. Putin chose this war, and now he and his country will bear the consequences,” Biden said during a speech at the White House Thursday afternoon.

www.marketwatch.com/story/nasdaq-composite-turns-a-3-5-loss-into-3-3-gain-as-stock-market-stages-epic-turnaround-after-russia-invaded-ukraine-here-are-3-reasons-for-the-rebound-11645739108?mod=MW_article_top_stories

Nice one mate, thanks

 

[JAG]

DRC International minerals

HERE IS THE LIST OF 50 MINERALS ESSENTIAL TO THE AMERICAN ECONOMY AND ITS NATIONAL SECURITY, THE DRC HOSTS SEVERAL OF THESE PRODUCTS​

FEBRUARY 24, 2022 JANET
The United States Geological Survey has released a new list of 50 mineral commodities critical to the US economy and national security after extensive evaluation by multiple agencies. The 2022 list of critical minerals was determined using the latest scientific methods to assess the criticality of minerals. The new list contains 15 more products than the first National Critical Minerals List created in 2018. platinum as individual entries rather than including them as “mineral groups.” Additionally, the 2022 list of critical minerals adds nickel and zinc to the list while removing helium, potash, rhenium, and strontium.

“Critical minerals play an important role in our national security, economy, renewable energy development and infrastructure,” said Tanya Trujillo, Assistant Secretary of the Interior for Water and Science. “USGS’s data collection and analysis scans the horizon of emerging issues in crucial supply chains and, every three years, identifies the country’s current vulnerabilities to potential disruptions.”

The new list was created based on the guidelines of the Energy Act 2020, which states that at least every three years the Home Office must review and update the list of critical minerals, update the methodology used to identify potential critical minerals, take interagency feedback and public comments through the Federal Register, and ultimately finalize the list of critical minerals.

The Energy Act of 2020 defines a “critical mineral” as a noncombustible mineral or mineral material that is essential to the economic or national security of the United States and whose supply chain is vulnerable to disruption. Critical minerals are also characterized as performing an essential function in the manufacture of a product, the absence of which would have significant consequences for the economy or national security.

The 2022 List of Critical Minerals, while “final”, is not intended as a permanent designation of mineral criticality, but will be a dynamic list periodically updated to represent current data on supply, demand, concentration of production and current political priorities.
“Mineral criticality is not static, but changes over time,” said Steven M. Fortier, director of the USGS National Mineral Information Center. “The 2022 Critical Minerals List was created using the most recent available data on non-combustible mineral commodities. However, we are continuously analyzing mineral markets and developing new methods to determine the diverse and evolving risks of the critical mineral supply chain.”
The Energy Act of 2020 directed the USGS to update the list of critical minerals, and the list is timely to provide guidance on the use of bipartisan Infrastructure Act funds, both for the USGS and other agencies.
The 2022 list of critical minerals includes the following:

• Aluminum , used in almost every sector of the economy
• Antimony , used in lead acid batteries and flame retardants
• Arsenic , used in semiconductors
• Barite , used in the production of hydrocarbons.
• Beryllium , used as an alloying agent in the aerospace and defense industries
• Bismuth , used in medical and atomic research
• Cerium , used in catalytic converters, ceramics, glass, metallurgy, and polishing compounds
• Cesium , used in research and development
• Chromium , used primarily in stainless steel and other alloys
• Cobalt , used in rechargeable batteries and superalloys
• Dysprosium , used in permanent magnets, data storage devices, and lasers
• Erbium , used in optical fibers, optical amplifiers, lasers, and glass dyes
• Europium , used in phosphors and nuclear control rods
• Fluorspar , used in the manufacture of aluminum, cement, steel, gasoline, and fluorinated chemicals
• Gadolinium , used in medical imaging, permanent magnets, and steelmaking
• Gallium , used for integrated circuits and optical devices like LEDs
• Germanium , used for fiber optics and night vision applications
• Graphite , used for lubricants, batteries and fuel cells
• Hafnium , used for nuclear control rods, alloys and high temperature ceramics
• Holmium , used in permanent magnets, nuclear control rods, and lasers
• Indium , used in liquid crystal displays
• Iridium , used as a coating of anodes for electrochemical processes and as a chemical catalyst
• Lanthanum , used to produce catalysts, ceramics, glass, polishing compounds, metallurgy, and batteries
• Lithium , used for rechargeable batteries
• Lutetium , used in scintillators for medical imaging, electronics, and some cancer therapies
• Magnesium , used as an alloy and to reduce metals
• Manganese , used in steelmaking and batteries
• Neodymium , used in permanent magnets, rubber catalysts, and medical and industrial lasers
• Nickel , used to make stainless steel, superalloys, and rechargeable batteries
• Niobium , used primarily in steel and superalloys
• Palladium , used in catalytic converters and as a catalyzing agent
• Platinum , used in catalytic converters
• Praseodymium , used in permanent magnets, batteries, aerospace alloys, ceramics, and dyes
• Rhodium , used in catalytic converters, electrical components, and as a catalyst
• Rubidium , used for electronics research and development
• Ruthenium , used as catalysts, as well as electrical contacts and chip resistors in computers
• Samarium , used in permanent magnets, as an absorber in nuclear reactors, and in cancer treatments
• Scandium , used for alloys, ceramics and fuel cells
• Tantalum , used in electronic components, primarily capacitors and superalloys
• Tellurium , used in solar cells, thermoelectric devices, and as an alloy additive
• Terbium , used in permanent magnets, fiber optics, lasers, and semiconductor devices
• Thulium , used in various metal alloys and in lasers
• Tin , used as protective coatings and alloys for steel
• Titanium , used as a white pigment or metal alloys
• Tungsten , primarily used to make wear-resistant metals
• Vanadium , mainly used as an alloying agent for iron and steel
• Ytterbium , used for catalysts, scintillometers, lasers and metallurgy
• Yttrium , used for ceramics, catalysts, lasers, metallurgy, and phosphors
• Zinc , mainly used in metallurgy to produce galvanized steel
• Zirconium , used in high temperature ceramics and corrosion resistant alloys.

The USGS provides scientific data and unbiased information on mineral resource potential, production, consumption, disposal, and how minerals interact with the environment. The  USGS National Minerals Information Center  provides the nation with data on the domestic and global supply, demand, and trade of minerals and materials. This information is essential for understanding mineral dependencies in economic sectors, predicting potential disruptions in the supply of mineral raw materials, and assessing the impacts of these disruptions.

 

[Thaz]

Im more of a lurker, but I'm pretty much done with the hotcrapper.

People obviously downramping with a bias towards the shares they hold - how the hell does the prospect of war not negatively impact LTR, but impact AVZ.

I don't contribute much, and don't have much experience in charting. But happy to be here.

 

[Samus]

Im more of a lurker, but I'm pretty much done with the hotcrapper.

People obviously downramping with a bias towards the shares they hold - how the hell does the prospect of war not negatively impact LTR, but impact AVZ.

I don't contribute much, and don't have much experience in charting. But happy to be here.

A wise man once said:
"Stay Cool here, Not Hot on the Crapper"

 

[Winenut]

Im more of a lurker, but I'm pretty much done with the hotcrapper.

People obviously downramping with a bias towards the shares they hold - how the hell does the prospect of war not negatively impact LTR, but impact AVZ.

I don't contribute much, and don't have much experience in charting. But happy to be here.

Great to have you onboard Thaz!

It's a much less toxic experience here that's for sure

Poster numbers building regularly which is really good to see too

Enjoy the breath of fresh air

Cheers
Nut

 

[JAG]

Have a great weekend everyone and........

 

[Winenut]

Sorry there was a lot of crap flying around you know where

Did we ever get a defintitive answer on whether the Nige was in the DRC?

 

[Thaz]

Sorry there was a lot of crap flying around you know where

Did we ever get a defintitive answer on whether the Nige was in the DRC?

Someone supposedly posted a screenshot of a email conversation with Nigel - who confirmed he wasn't in the DRC.

I didn't see it personally, but apparently some people mentioned it over at the 'crapper'.