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FACTOID:_desalination plant_producing 840_liters/sec piped_160km pumping UP_3,000m
above sea level employing 2,700 people at its peak in construction over three years cost US$1,000,000,000 https://www.latercera.com/pulso/noticia/codelco-adjudica-a-marubeni-y-transelec-planta-desalinizadora-por-mas-de-us-1000-millones-y-construccion-partira-este-ano/EDSBGRELQZFIRIGKHPQ4GABJIY/
Dear Friends, keep these 2022 prices divulged today by Codelco tucked nicely in the back of your mind for comparison later... they might come in handy soon.
FYI, the distance from Salar de Maricunga to Puerto Viejo is 63 kilometers as the crows flies.
The Doctor
cc: Uncle
___Warren
Minister_of Anti-Mining wants_to draw-up another inter-ministerial roadmap... #147
or maybe this one is #148... but then who can keep track of the number of roadmaps this "buys her way into the government" parasite/wannabe-president draws up anymore.
https://prod-minciencia-gob-cl.translate.goog/noticias/ministros-de-mineria-y-ciencia-establecen-estrategia-de-fomento-y-priorizacion-del-litio-y-salares/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
If Chile could sell all these useless time-wasting verbose inter-ministerial roadmaps this dumb cow minister poops out of her butt every week, then the country would finally have enough money to pay for the true tangential program this moron has devoted herself to which is to put all the under-qualified lesbos/dykes born of dues-paying commie parents into phony make-work fake jobs after these girls/its graduate from college and daddy wants them moved out of the house to start paying their own way in life.
The only thing Marcela Hernando is good for is yack-yack publicly junkets where she says nothing of consequence into the microphone, hiring leftist fat-cat parasite consultants to school her on basic mining engineering which she never bothered to study, forming busy-bee discussion groups involving all the hot-air wing-bag outcasts/throw-offs from a pre-Boric productive society, and whipping up more extraneous inter-ministerial roadmaps which are eventually all going to wind up being used for toilet paper.
This turd of a minister has produced not one single tangible mining program (or the outline charter for the National Lithium Company still) since she took office claiming she is powerless to act "intelligently" until she can see the new constitution after September 4... everything for her is on hold until September 5. She is useless and has been since March 11 on solving even the most basic pressing problems impacting Chile's mining industry. She contributes nothing to the greater good of Chile or Chile's GNP.
The Doctor
PS, have you noticed Gabby Boric hasn't stood with her in any publicly photographs for the last month? That is why she is adamant to be always standing next to a picture of him to try and make it look like she has his support in all these empty/hollow time-wasting roadmap signings.
Russia_& Venezuela_pledge to foster_and "diversify" trade
https://www.telesurenglish.net/news/Russia--Venezuela-Pledge-To-Foster-and-Diversify-Trade-20220706-0015.html
Reporting Live from Caracas:
Ring ring
Nicolás Maduro: Hola?
Vladimir Putin: Nicolás, it is Vlad in Moscow... how is it hanging?
Nicolás Maduro: Good Senor Vlad, I see you killed another hundred innocent noncombatant old grandmas, civilians and kids yesterday in Ukraine. You're becoming quite the next Peter The Great and all from pushing buttons on your comfy armchair in your nice Moscow air-conditioned office with the wet bar and those hot half-naked Russian chicks running the wet bar.
Vladimir Putin: Well Nicolás, it is a tough job but someone has to do it.
Nicolás Maduro: So how can I help you today comrade Vlad?
Vladimir Putin: We need some lithium fast in order to get our military back on track. Gas-guzzling slow heavy armored tanks at US$6-$9 million a pop requiring banned Taiwanese microchips are not the future in modern warfare for us orcs
We_do not_have any_Codelco properties_for sale...but just_out of_curiosity, how_much
for any of these 34 properties (or for our 325,000mt LCE export quota license) are you offering? https://www-portalminero-com.translate.goog/wp/codelco-y-el-ministerio-de-mineria-desmienten-supuesta-venta-de-propiedades-de-la-estatal/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
FWIW, we do desperately need some warm cash.
Sincerely,
The "Boys" in the Backroom
PS, Fire Marcela Hernando and promote "go getter" Willy Kracht to take over the Ministry of Mining.
1_US dollar= 1,000_beaner pesos._Gabby Boric_is scared_sheetless
and now seems determined to cut some big dollar business deals for Chile on September 5 come rain or shine
https://www-biobiochile-cl.translate.goog/noticias/nacional/chile/2022/07/06/boric-dice-que-alza-del-dolar-es-tremendamente-preocupante-y-hace-llamado-a-la-dc-por-plebiscito.shtml?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
“That is why I have indicated in my position as President of the Republic that the day after the plebiscite, whatever the result, will undertake a set of conversations and work so that the constitutional text that we Chileans finally have is the one that generates the greatest possible unity” , said Gabby in so many words.
Dear Gabby, your Constitutional Rewrite plebiscite is going to get rained on September 4. If I were you I would start right now in July & August telephoning Whitey gringos begging them to "come on down" early to Chile and draft up some new mining contracts based on the existing old tried & true fascist constitution and the existing EIAs before the Chilean exchange rate goes to 1 US dollar = 2,000 beaner pesos and you are even deeper in the sheet ala Venezuelan style.
The Doctor
PS, And fire that useless tit-on-a-bull talking-head Minister of Mining Marcela Hernando while you're at it.
Uncle_Posco is_getting hyper_lithium-frisky all_of a_sudden
POSCO sees battery materials sales double by 2030
and POSCO to be as strong in battery materials as in steel by 2030
and Jeong-woo Choi, CEO of POSCO Group secures the supply chain of key raw materials for future businesses in Australia. Jeong-woo Choi, CEO of POSCO Group signed an MOU for strategic cooperation with Gina Rinehart, the chairwoman of Hancock.
Something tells me that Jeong-woo Choi is going to show up in South America again very soon to "round out" his new 75,000,000,000,000 Korean Won lithium battery minerals expansion program https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169329927
If we should see Jeong-woo Choi shaking hands with Mommy's Boy Gabby Boric in the Palace on the next PR phase of his Pacific Tour then I think we can all guess what's coming next. I suspect "wannabe lithium king" Uncle Posco is going to want to get buddy-buddy kissy-kissy with Boric before newly cash-rich Tianqi https://www.nasdaq.com/articles/tianqi-lithium-prices-hong-kong-shares-to-raise-%241.71-bln-sources can wiggle into the Palace and try the same exact thing with Boric for China especially if the new Constitutional Rewrite flops in the plebiscite on September 4... then everybody will be off to the races in Chile on September 5 after they sober up from the party the night before.
The Doctor
BLILF_Down 16%_3:30PM. But_why are_the Asians_beating Bearing/LPI into_the toilet_today?
Hmmmm, let me take a wild guess here. Could it be that our Uncle Posco has just announced a major colossal mind-numbing record-shattering 75,000,000,000,000 South Korean Won (US$57,468,660,000) expansion into Lithium Battery materials
http://archive.fast-edgar.com/20220706/AT22L22DZZ2RU2ZZ2HZE2CYSQ3GLYZ22Z24G/ (see paragraph 2 bullet point 14 regarding 75 Trillion Korean Won investment package through 2030) which now includes a Lithium production target of 130,000 tons in 2026 rising to 300,000 tons in 2030 (see paragraph 2 bullet point 6) and full disclosure that Uncle Posco is expanding ore production by securing additional spodumene plus increasing capacity from existing salt lake, and acquiring a new salt lake (see paragraph 2 bullet point 12).
Well to my mind I am willing to bet Uncle Posco is going to get that spodumene from Australia... and his increased capacity from an existing salt lake is surely going to be his investment in Argentina I would think... but where oh where will Uncle Posco be increasing his brine lithium by buying a whole "new salt lake"? I can't think of one salt lake you could buy in Argentina that isn't already encumbered/complicated by multiple owners. And the one lake in Bolivia that comes to mind is unbuyable plus most likely already spoken for by Russia.
Are you thinking what I am thinking that some Asian & South Korean institutional investors got wind of this insider information yesterday a day early and started shorting the piss out of LPI early this morning (LPI down 7.53%) and BLILF (Down 16% 3:30PM NYC) to buy our shares on the cheap cheap because those Asian & South Korean institutional investors believe the "NEW salt lake" to be acquired by our Uncle Posco is the Maricunga Salt Lake?
The Doctor
Dear LPI-HotCopperites, put_on a 2nd_pair of_Kevlar underpants...TheGekko is_pumping
up his rah-rah-we-are-the-best lithium pump machine again and you know what that means
https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-866?post_id=62392916
it means you're gonna' get screwed again by TheGekko, BushStar and FrankRockefield on a typical pump & dump.
Also never let TheGekko, BushStar or FrankRockefield stand behind you in the shower especially if you are prone to dropping your soap on the floor.
The Doctor
Well_jolly good_and how_very novel...UK to_begin looking_for lithium
https://finance.yahoo.com/news/uk-launches-data-centre-critical-231924960.html
Dear UK, see that line over there with 194 other countries looking for lithium? Well, just get in line as the 195th country searching for lithium and do be glad that there will be no one else behind you breathing down your neck... ever... thank goodness... unless a new country gets invented next week... then they will be 196th waiting in line for lithium... but you will be in front of them... unless Boris Johnson has another beer party and you Brits forget your place in line.
The Doctor
Argentina bonds fall on Wall Street
https://miningpress-com.translate.goog/nota/348615/bonos-argentinos-caen-en-wall-street?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Uncle Posco, if I were you I would begin looking over my shoulder for the closest fire exit door from Argentina in an emergency... and I would also convert any Argentina cash I have in my wallet to gringo American greenbacks for good measure just to be on the safe side.
The Doctor
Small_miners are_so turned_off by_Minister of Anti-Mining's stupid_policies
and Chile's increasingly pessimist mining outlook (see Copper price falls to its lowest in 17 months https://www-portalminero-com.translate.goog/wp/precio-del-cobre-cae-a-su-minimo-en-17-meses/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
that these small miners are refusing to take the Anti-Mining Minister's "entrapment/trick/payday" soft loans
https://www-portalminero-com.translate.goog/wp/ministerio-de-mineria-extiende-plazo-para-postular-a-credito-blando-de-chile-apoya/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp where you can bet your britches these small miners will have to put up the deed to their mining-stake/land as "soft" collateral.
Nobody with more than half a brain is going to take a loan from this incompetent two-faced Mining Minister Marcela Hernando (soon to be running for president when Boric flames out in order for her to create an all-female Chilean state) unless they have a death wish to die by a vampire.
The Doctor
Lithium.__Projected rejection_vote on_Rewrite Constitution_rises to eye-popping_56%
https://www.latercera.com/la-tercera-domingo/noticia/la-senal-de-alerta-a-la-convencion-pesimismo-sobre-el-proceso-constituyente-sube-19-puntos-en-tres-meses-y-llega-a-56/MKGSPY7CHNDJZICC3CZVQT3Y2I/
English https://www-loganconstituyente-cl.translate.goog/la-senal-de-alerta-a-la-convencion-pesimismo-sobre-el-proceso-constituyente-sube-19-puntos-en-tres-meses-y-llega-a-56/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
We want to thank all the freeloading, mooching, scamming, carpetbagging, the always gimme-gimme-more indians, kick-the-miners-in-the-groin, commie, welfare-mommy, eco-terrorist, and of course the copper/lithium shakedown extortionist delegates to the Constitutional Rewrite Convention who showed their true colors by thoroughly mucking up this Magna Carta process by inserting all their scams/loopholes/trapdoors/tricks into the fine print of this document in order to one day (est 2023) legally steal all the current wealth from the middle-class, the upper-class and of course from their perceived "go-to" poster-boy enemy #1 the upper 1% super rich fascists of society who once ran this country under Pinochet. All these scams/loopholes/trapdoors/tricks and the ultimate agenda by these lefties is being thoroughly exposed to the public during July & August before the September 4 plebiscite and giving the people of Chile ample time to figure out for themselves how the commies/lefties have been spending the last year trying to hoodwink all the voters into believing they were changing the previous constitution into some great literary work to create a new Heaven on Earth for Chileans... which everyone can see now they were only trying to create a new Venezuela II on Earth to primarily enrich themselves ala Nicolas Maduro style.
The Doctor
PS, Mommy's Boy Gabby Boric already knows this new Constitution is hemorrhaging and he is going to try to massage some of it https://www.latercera.com/politica/noticia/tras-carta-de-lagos-boric-dice-que-esta-abierto-a-hacer-mejoras-a-la-propuesta-de-la-convencion-constitucional/Q7LHAK5CHRCYFL7XXGPOPQ7U44/ to make it more "palatable" to the general population in Chile... but he already knows this POS business-killing, free-enterprise-killing, mining-killing, Indian-witch-doctor-exulting document is destined for failure and the trash heap on September 4 no matter what he does to tone it down. Chileans are not going to put the October 25, 2019 rioters/fire-bombers/anarchists/protestors/commies in charge of running Chile further down into the toilet.
Lithium._Venezuela and_Russia Strengthen_Bilateral Cooperation. Lithium
https://www.telesurenglish.net/news/Venezuela-and-Russia-Strengthen-Bilateral-Cooperation-20220704-0009.html
... and accordingly you now ask, "so where does Chile (Boric) stand in/on this new Russian-Venezuela bromance/alliance?"
Well, I am glad you asked. It appears Boric is already on record as saying he is not the next Maduro https://www-t13-cl.translate.goog/noticia/politica/boric-empresarios-canadienses-algunos-dicen-soy-proximo-maduro-y-eso-no-es-verdad-06-06-2022?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp and that,
1. Chile (Boric) opposes Russia's invasion of Ukraine https://venezuelanalysis.com/news/15559 see paragraph 3rd from bottom.
2. Chile's (Boric's) policy toward Venezuela appears indistinguishable from Biden's policy which is highlighted in paragraph 7
and reads, Although the Boric administration does not support the diplomatic isolation of Venezuela, Chile’s policy vis-a-vis Venezuela is largely indistinguishable from Washington’s position. The administration of US President Joe Biden, which similarly views the 2018 re-election of Maduro as fraudulent, has largely maintained Donald Trump’s “maximum pressure” strategy toward Venezuela, which included a strict oil embargo on the country. Despite two high-level US government delegations to Caracas, the White House has only slightly loosened some restrictions on the export of Venezuelan oil to European countries.
So in light of Boric's Chilean Foreign Minister Antonia Urrejola’s officially questioning of the legitimacy of the Nicolás Maduro government on July 4 raising the ire of Venezuelan Vice President Delcy Rodríguez... I think it is safe to assume that Venezuela will be helping Russia much much more on its lithium work when it sets up "base camp" in Bolivia January 2023 as opposed to "helping" Chile on anything at all in 2023, 2024, 2025, or 2026.
The Doctor
Putin_preparing new_raw material_trap for_the West_through lithium_mining in_Bolivia
https://news.am/eng/news/709147.html
... it will be 1700km as the crow flies from Russia's lithium mining base camp to our lithium project in Maricunga.
The Doctor
Off_the top:_Boric's new_tax proposal_cuts our_corporate taxes_from 27% to_25%
How is Boric's tax reform: 4.1% of GDP, raises taxes to 3% of people (top tier) and lowers that of companies from 27% to 25%
https://www.latercera.com/pulso-pm/noticia/como-es-la-reforma-tributaria-de-boric-41-del-pib-suben-impuestos-al-3-de-las-personas-y-baja-el-de-las-empresas-de-27-a-25/DKFZXCXIOVEELMV27PVH7J443M/
This new "Boric Tax/Royalty Plan" was just published 30 minutes ago so we will need some time to study it more but at first glance this appears to be good news for us little poor shat-upon junior lithium miners. We will of course need to study the royalties stipulations in greater depth later when the full document is published.
The Doctor
PS, This tax reform plan is from the Minister of Finance Mario Marcel presenting the Tax Reform of the Government of President Gabriel Boric and was delivered in the first 110 days of Minister of Finance Mario Marcel's term in office.
Whereas, Minister of Mining Marcela Hernando in these same 110 days has still not delivered even page one of the new proposed charter for the NLC (National Lithium Company) which is supposedly her highest priority now.
Hands_up you_Frito banditos_Albemarle (and_eventually SQM),_this is_another
"bite the hand that feeds us" sneak-attack highway robbery!
Hand over all your money, cars, booze, drugs, mucho hot women with their huge titties & come fock me high heel shoes, and your accumulated airline mileage vouchers... now https://www-nuevamineria-com.translate.goog/revista/mineras-responden-demanda-conjunta-del-cde-por-dano-ambiental-en-el-salar-de-atacama/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
we highway-robbing conniving blood-sucking indians and eco-terrorists in Chile are going to put you lithium miners through the wringer again in our new leftists courts in Copiapo and drain you dry over the way you made our godforsaken barren useless junkyard deserts into more godforsaken barren useless junkyard deserts.
Sincerely,
The Highway-robbing Indians & Eco-terrorists United of Chile
Chilean Constitution: final drafting and rejection grows
https://miningpress-com.translate.goog/nota/348539/constitucion-chile-redaccion-final-y-crece-el-rechazo?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Socialist Party Senator Juan Luis Castro warns that if Boric bets everything on the approval of the new constitution in the September plebiscite and it is rejected then his government falls apart.
Dear mommy's boy Gabby Boric, if I were you I wouldn't wait for the plebiscite in September but rather start building my coalition to enact actual real world programs to get shit straightened out in Chile now using the existing congress... although if you continue just sitting on your hands dead in the water waiting waiting like a comatose beaner for another 2 months that is OK also because it will make for a hilarious show when all the shit gets dumped on your head after the losing vote is tallied and you are shown to be totally ineffective/out-of-touch.
The Doctor
In_Minister of_Interior Izkia_Siches first_100 days_she formulates complete
National Plan for Public Security and Crime Prevention for the period 2022-2026
https://www.latercera.com/nacional/noticia/catastro-de-armas-crimen-organizado-y-rol-municipal-gobierno-lanza-plan-nacional-de-seguridad/6SB35FRMCFHZVL6LHG4MMWO7HI/
and/or https://www.msn.com/es-cl/noticias/chile/catastro-de-armas-crimen-organizado-y-rol-municipal-gobierno-lanza-plan-nacional-de-seguridad/ar-AAZ3a8E
In Minister of Mining Marcela Hernando's first 100 days she hasn't even lifted up her pencil to begin formulating the National Lithium Company charter for the period 2022-2026... in fact she is still on the toilet trying to wiggle out her last menopause tampon before she finally goes over to the "other team" as 4th position clean-up batter.
Two completely different cabinet level ministers for Boric... one knows how to lay out her ministry's program and get cracking, the other has no focking idea which way is up in her ministry or how to get there even halfway.
The Doctor
Supreme_Court spokeswoman_calls for_measures over_rising “criminal_pandemic”
in Chile under the Boric government https://www.latercera.com/nacional/noticia/vocera-de-la-suprema-llama-a-tomar-medidas-por-una-posible-pandemia-delictiva-que-puede-llegar-al-pais-e-instalarse/XNQDF7PM2ZAHHOZTP2CFUJLVN4/
Reporting Live from Chile:
Bloonberg Reporter Karen Rodriquez: Senor Presidente Mommy's Boy Gabby Boric, your naive male-castrating anti-mining "don't be mean" slap-the-criminals-on-the-wrist communista policies are severely impacting law & order in Chile as your government continues refusing to fully prosecute these new-generation brazen vandals, rioters, taggers, emboldened-indian-extortionists, Venezuelan gangsters, pickpockets-in-the-downtown, dykes-giving-roofies-to-gringos-and-cutting-their-balls-off-when-they-pass-out, and burglars... do you have anything to say on this horrible situation?
Senor Presidente Mommy's Boy Gabby Boric: Oooops.
Chilean_peso preparing_to close_June with_worst performance in world
https://www.msn.com/es-cl/noticias/otras/el-peso-chileno-se-apresta-a-cerrar-junio-como-la-moneda-de-peor-desempe-c3-b1o-en-el-mundo/ar-AAZ2Fcx
Reporting Live from Chile:
Bloonberg Reporter Karen Rodriquez: Senor Presidente Mommy's Boy Gabby Boric, your naive male-castrating anti-mining communista policies are killing Chile and driving the Chilean peso down to ungodly new lows crucifying the Chilean middle class... do you have anything to say on this horrible situation?
Senor Presidente Mommy's Boy Gabby Boric: Oooops.
We're_left sucking_Uncle Posco's_exhaust tailpipe_as they_leave us_in the dust
to pursue lithium mining in Argentina (without us) and super sweet take-off deals with Britishvolt, Britishvolt signs deal with Posco Chemical for battery materials
We must have been out of our focking heads 5 years ago to sign with LPI instead of Posco. The South Koreans were our first "real" partners for cripes sake... signing with them should have been a slam dunk.
The Doctor
And_right on_cue, greedy_Democrats in_California set_to chop_the balls off Lithium
miners (including General Motors Co & Stellantis NV) in the Salton Sea California Lithium tax would delay shipments to automakers, executives warn.
Eric Spomer, chief executive of privately held EnergySource Minerals LLC, told Reuters his company has halted discussions with potential financiers and a major automaker he declined to identify while California's legislature debates the tax. "This tax would stifle our industry before it even begins," he said. "We're willing to pay and contribute to the local community, but it has to be a rational tax." The tax, which would affect the three Salton Sea-area lithium developers, is tied to a must-pass state budget proposal. A vote may come as soon as Wednesday night and Governor Gavin Newsom, a Democrat, has signaled his support.
314 gigafactories under construction https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169276449 ... and everyone imagines there is a lithium tooth fairy who will magically deliver the raw lithium to them in 2025. Whew, these naive dummies are in for a rude awakening.
The Doctor
We_adore Minister_Izkia Siches...and apparently_the right-wing is warming
up to her charms also by approving her current Ministry of Interior security plans
https://www.latercera.com/la-tercera-pm/noticia/estado-de-excepcion-la-intensa-y-reservada-agenda-de-siches-para-alinear-al-oficialismo-y-recibir-quejas/5CMEM5GBGVCZVNMOG65TWCSAO4/
as 6 previous right-wingers from June 14 now changed their negative verdicts on her security program to the affirmative (see paragraph 6). But what is extremely interesting next is that Izzy then had a power lunch with the socialist lefties in parliament overseeing her new security programs and these members confided in her their disgust/displeasure with the recent Codelco clusterfock to close down the Ventanas smelter (ref Minister of Mining talking-head Marcela Hernando) see paragraph 13. We like that the voluptuous smart Izzy is being involved in these high very level policy discussions and hope that if mommy's boy Gabby Boric asks Izzy her opinion on firing that mining-hating Marcela Hernando that Izzy will give her a thumbs down also.
The Doctor
PS, Dear Izzy, I think of you and your perfumed black hair/carpet every single day. I carry your pictures in my wallet next to my extra-large rubbers and look at them everyday... I look at your pictures also.
I especially imagine my hot lips on the tattoo on your delicious mango-size boob.
and my nose diving down your never-ending cleavage.
and how I feel like mush when you throw those sweet little hearts at me from across the conference room.
Izzy, If Gabby ever croaks from Covid-19 and you are elevated to president of Chile then I will also swear my political allegiance to you on top of my love.
PwC_emphatically charts a_frighting shortfall_in lithium_mining site_construction
cover story: https://miningpress-com.translate.goog/nota/348468/pwc-mine-2022-una-transicion-critica?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
actual graphic report see page 10: https://miningpress.com/pdfjs/web/viewer.php?file=/public/archivos/GBl9FxJ36divB4DeUNBcwUMFMC3atoDNen8GEu7m.pdf&title=PWC+MINE+2022:+A+CRITICAL+TRANSITION&_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
In other related news the Chilean Lithium mafia this after reading this latest Price Waterhouse Coopers June 2022 report ejaculated so much and for so long for so hard that they all had to taken to the hospital for blood/sperm transfusions and ruptured penis veins after realizing their profits from Chilean lithium mining will be unstoppable and exploding through the roof beginning in 2024.
The Doctor
314_lithium gigafactories_under construction...we're not_hooked into_even one_of them
yet in this multi-billion dollar industry https://miningpress-com.translate.goog/nota/348446/benchmark-quien-domina-la-revolucion-de-almacenamiento-de-litio?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
Albemarle_urges US_to cut_red tape_to boost_lithium supply chain
https://www.miningweekly.com/article/albemarle-urges-us-to-cut-red-tape-to-boost-lithium-supply-chain-2022-06-29
Ha-ha-ha... this is hilarious. I think I am going to piss my pants laughing so hard. There is no way the bureaucratic red tape blocking new lithium mining in the USA is going to get lifted (or even reduced) under the Democrats which cater to all the bloodsucking parasitic money-grubbing/extorting-indians/Eco-terrorists/rabid-Greens in America. Albemarle would have better luck pissing up a tree (especially on Smackover in Arkansas) than getting all the leftist foot-dragging red tape on lithium mining lifted... until the temperatures in Nevada/California/Arkansas hit 140 degrees Fahrenheit for a few days in a row this summer and everyone over 50 years old keels over dead from heatstroke, then and only then will these stubborn leftist myopic douche-bags consider new permit approvals for lithium mining in America to cut down on fossil fuel burning cars.
The Doctor
We_(NewCo) did_not get_the new_offtake Lithium_supply deal with LG-Energy...again
https://www.mining.com/web/lg-energy-signs-battery-grade-lithium-supply-deal-with-compass-minerals/
The Doctor
PS, Who in the fock is Compass Minerals?
Do these Asian battery makers even know we have a lithium project in Maricunga?
Does anybody even know we have a lithium project in Maricunga?
Let's_cross our_fingers... Boric_might be shit-canning his worst_ministers
Boric seeks to reverse the fate of the government and future approvals while official voices point to a "ministerial adjustment"
... hallelujah. https://www.latercera.com/politica/noticia/boric-busca-desmarcar-destino-del-gobierno-del-futuro-del-apruebo-y-voces-oficialistas-apuntan-a-un-ajuste-ministerial/6H5VFR7HL5HU5LUTAO3C246V3Y/
We will of course hope mommy's boy Gabby Boric will specifically be dumping the useless man-hating miner-hating Minister of Anti-Mining and promote engineering-educated Willy Kracht up to the cabinet position which he should have been running from Day One should Boric choose not to simply reinstall former Minister of Mining Juan Carlos Jobet in that cabinet position.
The Doctor
PS, if the Anti-Mining Minister is removed then she/he can "openly" declare her/his intent to run for president in 2025 instead of going through the current feeble charade of not opposing mommy's boy Gabby Boric in the next election.
Gabby_Boric in_Arica begging_Peru to_get tough_on letting_migrants cross into Chile
unchecked undeserving unfettered https://www.latercera.com/nacional/noticia/desde-la-region-de-arica-boric-dice-que-buscan-recuperar-el-control-de-las-fronteras-que-en-los-ultimos-anos-se-perdio/SS7I5WJGJNFKTGQVR52CT2RNCI/
Dear mommy's boy Gabby Boric, sit down. It is time to have a "birds and the bees" factual discussion with you. First off, that sombrero (to make himself look taller) wearing pipsqueak commie President of Peru Pedro Castillo is more concerned with keeping his ass in power right now and not getting impeached for total focking incompetence while playing children's dress-up cowboy when he should be running the government like an adult. YOUR problem with Venezuelans, Nicaraguans, Cubans, Iranians, nasty criminals and mercenaries crossing the border at Arica into Chile don't mean shit to him especially now that Vladimir Putin will be moving into Bolivia this December and he knows which side of the bread is going to be smothered in luscious tasty Russian butter just for him... if you know what I mean.
Secondly, once the Russians retake the Red Corridor for Bolivia using all those Venezuelan, Nicaraguan, Cuban, Iranian, and mercenary "sleepers" being pumped into Chile across the the border via Peru now as embedded commandos/saboteurs working for Bolivia/Russia your new line of defense to stop uncontrolled migration is going to be along the southern edge of the Red Corridor and not bumfuck Arica on the Chilean/Peruvian border. You need to understand that you are going to lose the northern 1/8 of land mass in Chile once Russia (esp Putin) gets in bed with Bolivia (esp Evo Morales) to mine all their lithium... that is a given.
Instead of wasting your time in Arica today you should be busting your ass to get gringo Whitey involved in buying your unexploited mines ASAP and taking a stake in Chile so gringo Whitey (and gringo Whitey's governments) will have a legitimate/financial reason for stepping in to defend Chile in 2023 from a take over by Russia, Bolivia, Venezuela, Nicaragua, Cuba, and Iran.
Wake up Gabby before you lose everything.
The Doctor
Putin_wants lithium_so bad_that he_can already taste_it and looks to_be
fixing to drop his previous ban any day now on abhorrent French kissing and/or having anal sex with the Taliban in Afghanistan.
Putin says Russia is working on forging relations with the Taliban https://www.latercera.com/mundo/noticia/en-su-primera-salida-desde-el-inicio-de-la-guerra-putin-dice-que-rusia-trabaja-en-forjar-relaciones-con-el-taliban/262IDG5CNJCS5GYOA7OZJNZVWM/
If the Russians lock up all the lithium in Bolivia this coming December (and in the northern half of Chile/Argentina) plus the lithium in Afghanistan then Putin will be the undisputed king maker on who gets lithium and how much they get after 2024 without a doubt.
The Doctor
President_of Chamber_of Deputies_advocates major_changes in_Boric's cabinet
to "correct the course" of the government... or more specifically to actually get the government on a defined course.
https://www.msn.com/es-cl/noticias/otras/dar-un-golpe-de-tim%C3%B3n-presidente-de-la-c%C3%A1mara-de-diputados-aboga-por-cambio-de-gabinete-para-corregir-el-rumbo/ar-AAYXPti
The President of the Chamber of Deputies, Raúl Soto (PPD center-left) calls for a large-scale change to mommy's boy Gabby Boric's (See mommy taking picture of her baby boy as president) cabinet to correct the course of the government. Deputy Raúl Soto specifically cites the recent fock-up by clueless Mining Minister Marcela Hernando on her failure on how to properly handle the closing of the Codelco Ventanas smelter as a prime example of having an asshole running a ministry who has no focking idea what she is doing and then blaming everyone else when the_shit hits the fan after she completely loses control of the situation.
The Doctor
Quite possibly the Smackover formation in Arkansas. Albemarle already holds a large resource there https://galvanicenergy.com/assets/img/Galvanic-Map-HR.jpg
Newest_LPI glossy PowerPoint "presentation" is_out
https://app.sharelinktechnologies.com/announcement/asx/b37dd5f10efb226e9684973136d847f3
The Doctor
Albemarle:_build ye_processing plant_in USA_and ye_lithium will come_ala
Kevin Costner in Field of Dreams (remember when he built the baseball diamond out in the corn field in hopes the old dead big leaguers would come back to life at night to play on his baseball diamond) https://www.mining.com/web/albemarle-plans-major-us-lithium-processing-plant/
I know what you are thinking... you are thinking "where in the fock is Albemarle going to get 100,000 tonnes per year to feed this new Albemarle plant?"
Well that is a good question. But maybe we should think outside the Albemarle box for a bit on this one.
The Doctor
Dear_Gabby Boric_& Minister_of Anti-Mining, OK,_you win._You won't have_to
send lithium mined in Chile overseas any longer to China to be made into "next step" batteries thereby depriving beaners of "value added" factory jobs making batteries https://miningpress-com.translate.goog/nota/348401/identikit-gotion-la-china-que-fabricara-baterias-en-jujuy-reunion-con-alberto-y-morales?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
You will soon simply be able to send Chilean lithium just across the border from Maricunga to Jujuy Argentina and the beaners in Argentina will be able to process the lithium into manufactured "valued added" batteries in a South American factory.
Congratulations, you have finally gotten your commie wish on Chilean lithium mining/production.
The Doctor
CADEM_Poll: Boric's_approval drops_again to_34%. Rejection_of new constitution_51%
is the latest projection by CADEM https://www.latercera.com/politica/noticia/cadem-aprobacion-del-presidente-boric-llega-su-nivel-mas-bajo-e-intencion-de-votar-rechazo-alcanza-el-51-y-se-distancia-en-18-puntos-con-el-apruebo/33CJ56EONZBHVBFDQIJBXXE6WM/
Overall this is good news for us...
1. The sooner mommy's boy Gabby Boric and his cabinet of leftist/communist queers/lesbos/dykes is completely castrated/neutered/cancelled then the better.
2. The current constitution is no "bowl of cherries" for us junior lithium miners but the new leftist/commie constitution would be 5 times worst for us and for all free-enterprise capitalist-oriented businesses in Chile for that matter. If we have a choice then we will take the old constitution and struggle to get through it to reach lithium exploitation mining status.
The above URL translates roughly as:
CADEM: President Boric's Approval reaches its lowest level along with the intention to vote Rejection reaches 51% which is 18 points behind Approval.
by Robert Martinez
In relation to the exit plebiscite on September 11, the opinion poll revealed that for the first time the tendency is observed that more people believe that the Rejection option will win (47%) over those who think that the Approval will prevail ( 44%).
This Sunday the results of the Plaza Pública Cadem survey, corresponding to the fourth week of June, were known, which revealed an abrupt drop of 6 percentage points in the approval of President Boric, reaching 34%, which represents the lowest level low since he took office on March 11.
In this context, the net percentage of people who approve minus people who disapprove reached a 25 point spread, a result reached by former President Michelle Bachelet after the Caval case was revealed, and by former President Sebastián Piñera in June of his second year in office.
Likewise, among the members of the cabinet, the head of the Treasury, Mario Marcel (61%) and the undersecretary Manuel Monsalve (59%) are positioned as the best evaluated, while the Minister of the Interior and Public Security, Izkia Siches, remains with the lowest approval (34%).
The opinion poll also revealed that only 38% approve of the way in which the First Lady, Irina Karamanos, is carrying out her work, against 51% who disapprove.
Rejection is 18 points away from Approval. In relation to the exit plebiscite on September 11, the survey revealed that the intention to vote Reject the new Constitution rose to 51%, expanding the advantage over the Approve option by 18 points, which fell to 33%, establishing the greater difference for the first alternative since there is a record.
In addition, for the first time there is a trend that more people believe that the Rejection option will win (47%) over those who think that the Approval will prevail (44%). Regarding the feelings associated with the constitutional proposal, concern and fear register 61%, while hope reaches 33%.
In turn, confidence in the Constitutional Convention continues to plummet, falling 9 points in the last two weeks, reaching 40%, while mistrust stood at 58%.
Casting foundry closure Ventanas. Regarding the closure of the Ventanas de Codelco smelter, there was almost a tie between those who agree with this decision, which corresponds to 44% of those surveyed, compared to 45% who oppose it. Along these same lines, 21% believe that it should be closed now and 70% gradually.
Despite the above, 46% believe that the quality of life of the inhabitants of Quintero and Puchuncaví will improve a lot or quite a bit with the closure of the smelter, against 29% who think that it will be little or not at all and 20% who believe that something will improve.
Good_report from_S&P on how_Chile is_just pissing_away its_Lithium potential
https://miningpress-com.translate.goog/nota/348327/sp-chile-puede-perder-auge-del-litio-por-la-inestabilidad-politica?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
$7,017/mt_for spodumene._Talk of_lithium rally_death are greatly_exaggerated
Lofty lithium bid suggests scorching rally may not be over https://www.mining.com/web/lofty-lithium-bid-suggests-scorching-rally-may-not-be-over/
The Doctor
Julio_Ponce... this_article is_a "must read"_for lithium history_buffs
https://www.bloomberg.com/news/features/2022-06-23/lithium-king-crowned-in-dictatorship-sees-3-5-billion-fortune-at-risk
I am fascinated by human interest stories on the stars/leaders in this lithium industry like Julio Ponce.
The Doctor
Musk_says Tesla's_new car_factories losing_billions of dollars
https://www.reuters.com/business/autos-transportation/musk-says-teslas-new-car-factories-losing-billions-dollars-2022-06-22/
New car factories in Texas and Berlin are "losing billions of dollars" as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said in an interview published on Wednesday. "Both Berlin and Austin factories are gigantic money furnaces right now. Okay? It's really like a giant roaring sound, which is the sound of money on fire," Musk said in an interview with Tesla Owners of Silicon Valley.
Dear Elon, I am no hot pussy like Amber Heard which you may have been banging off our Chilean Coast on Easter Island in in 2017 https://www.dailymail.co.uk/tvshowbiz/article-5223309/Amber-Heard-Elon-Musk-Chile-together.html but I am a doctor... and it sounds to me like you have an aggravated basic case of oopsie-whoopsie lithium depletedsis. In hindsight you shoulda' bought a lithium mine in South America years ago (eg January 2018) specifically to keep your USA and German operations sufficiently supplied with lithium so you could have avoided all this standard Chinese clusterfocking horseshit you're suffering now by simply running super high-quality South American lithium through your new Texas refinery for proper "tweaking" near Brownsville and then on straight to your new Tesla battery making plants. Maybe you can consciously begin to correct this problem now.
The Doctor
Commies finally_realize they_can't use_ALL of_Codelco's profit to_fund
all their free-loading, rioting/protesting riff-raft, scum, moochers, welfare-scamming, loafing indians, drooling parasitic followers to buy their votes for party leftists in upcoming elections.
Government agrees to historic profit reinvestment plan for Codelco https://www-nuevamineria-com.translate.goog/revista/gobierno-acuerda-historico-plan-de-reinversion-de-utilidades-para-codelco/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
and https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/06/gobierno-plan-reinversion-utilidades-codelco?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
The new pact consists of an average reinvestment plan of 30% of the profits corresponding to four years, between 2021 and 2024, which will contribute significantly to the financing of Codelco's investment plan, while considerably reducing its borrowing needs.
For 2021 the Codelco profits were US$1,943,000,000 so the applied 30% measure will imply a reinvestment of US$583,000,000 back into Codelco (or maybe NLC?). So could some of that US$583,000,000 reinvestment profit now be getting channeled into lithium development you're asking?
And with the "give my leftist team's lesbos/dykes a cushy job in mining" Anti-Mining Minister and her commie buddies finding Jesus today by agreeing to redistribute 30% of Codelco's profit back into Codelco there just also happens to be a strike of 50,000 copper miners outside her office window today... hmmm, what a coincidence. I wonder if these two events are related?
The Doctor
50,000_angry unionist_copper workers_go on_strike in Chile
https://www.latercera.com/nacional/noticia/con-manifestaciones-a-lo-largo-del-pais-inicia-paro-nacional-de-codelco/OE7UQY3SZBC6ROURG2575VB5MI/
English translation might work https://www-latercera-com.translate.goog/nacional/noticia/con-manifestaciones-a-lo-largo-del-pais-inicia-paro-nacional-de-codelco/OE7UQY3SZBC6ROURG2575VB5MI/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Let us now fold our hands and pray the strike lasts 4 years... until the next presidential election.
The Doctor
It's_ over. We_are "dragged down_the road"_dirty and totally spent
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2019-tsx-venture/brz/123543-bearing-lithium-corp-announces-consolidation-with-lithium-power-international-limited.html
The Doctor
LPI_in a_trading halt_until Friday June 24
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4Aa8yhfzv%2Ftp9rFiGug%3D
LPI-HotCopperites have narrowed the reason down for the trading halt to five possibilities
https://hotcopper.com.au/threads/ann-trading-halt.6805270/page-12?post_id=62129465
Personally I hope Russia's Uranium One and/or Goldman Sachs (Russia's partner on this deal?) are buying these useless ozzie focks out, however that may be too much to hope for... but at least we can pray that is the reason.
Note: LTHHF Down 9% Tuesday in USA whilst BLILF Up 13% Tuesday in USA last trading event for insiders before the ASX Trading Halt was announced.
If Putin can set the Maricunga Property as his southernmost exposed flank, the Pacific Ocean as his westernmost flank protected by cover from his submarines/warships and the Bolivian Salar de Uyuni as his northernmost war zone "jump-off" base line then his charging phalanx of troops (ie Russian and Latin) along the eastern front should be safe from any tepid/paltry cross-border Argentinian blowback... since you already know the new revamped Boric Chilean army will just be blowing each other back in their barracks when the shit hits the fan in Atacama. Ref: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169183780
The Doctor
Oh_me oh_my, what_to do?_Turkey ponders_"playing nice"_with Chile
(who is totally upside down "head-up-its-ass" lost now on mining) in order to get much-needed lithium in "who-knows-how-many-years" from Chile for its upcoming new generation smaller quieter killer Turkish drones to be designed better for next-gen combat/warfare (ala the very successful Baykar Bayraktar TB2)
https://www.dailysabah.com/politics/diplomacy/chile-turkey-on-course-to-further-improve-ties-in-many-domains
and not become overtly violent/threatening/imposing/pressuring on Chile today. Orrrrrr, should they (ie Turkey) get in bed with Maduro of Venezuela https://www.telesurenglish.net/news/President-Maduro-To-Consolidate-Links-With-Turkey-During-Tour-20220607-0015.html and buy their lithium next year from "middle man" Maduro when Russia takes over the lithium operations in Bolivia first and then Chile second with the help of Cuba, Venezuela, Nicaragua, Iran and Russia (all pariahs excluded from the 9th Summit of the Americas 2022) of course?
This is indeed a big decision for Turkey.
Oh me oh my, what to do?
The Doctor
Dear_Gil Playford,_you didn't_go to_PDAC in_Canada last_week to_see Willy_Kracht
but instead continued floating around in your backyard pool in Florida sipping "refreshments".
Are you at least learning to speak Russian now?
I would be willing to bet that Martin Borda is currently busy learning to speak Russian.
The Doctor
Dear_Mommy's Boy_Gabby Boric,_we move_that Chile_rename Atacama to "Donbas_II"
https://www.latercera.com/mundo/noticia/zelensky-asegura-que-tropas-rusas-estarian-llevando-a-cabo-acciones-ofensivas-brutales-en-region-del-donbas/262OFY2NBRH4HPLV2FG3MXTYGE/
in the new light Russia will soon be mining Bolivia's lithium on our northern border. Russia is fast learning that the next war for them will be fought with not so many "sitting duck" tanks/coffins but rather thousands of electric drones powered by lithium... lithium which they don't have or mine in significant quantity/quality... just yet.
Translate first 2 paragraphs from article:
Volodimir Zelensky, President of Ukraine. Photo: Europe Press
In his daily message to the population, the Ukrainian president said that “this is an evil that can only be appeased on the battlefield. We are defending Lisichansk and Severodonetsk. This whole region is the most difficult, the toughest battles are there.”
Ukrainian President Volodimir Zelensky assured on Monday that Russian troops would be carrying out "brutal offensive actions" in the Donbas region, and has argued that Russia would have bombed other cities such as Kharkiv and Odessa.
Dear Mommy's Boy Gabby Boric, let's hope you have the same charisma as Zelensky does on TV when the war (or "special military action" as Putin will call it) comes to Atacama... errrr, I mean to Donbas II... forgive me, it takes a while to get used to this new name for the region of Chile where SQM & Albemarle currently operate.
The Doctor
Copper_strike starts_7AM Wednesday._Codelco couldn't_even make_a measly_US$54M investment
in the Ventanas smelter's pollution-control air-scrubber previously promised by Codelco to increase the capture percentage of sulfur dioxide emitted by the plant
https://www.latercera.com/earlyaccess/noticia/trabajadores-de-codelco-dicen-que-el-paro-va-si-o-si-esta-semana-y-el-gobierno-pide-cronograma-de-cierre-de-ventanas/YIRFXIDNJ5AXBHCDCOS6BBG2ZM/
and/or https://www.mining.com/web/codelco-unions-ready-strike-after-troubled-chile-smelter-shuttered/
so how in the fock does anyone in their right mind think Codelco (or NLC) is going to be able to afford the CAPEX for our Maricunga Lithium project which is going to be upwards of US$600,000,000?
Codelco is a focking deadbeat US$32.14B in debt... and NLC (National Lithium Company) is a focking "deadbeat in waiting".
This Ventanas plant has 350 FTC Union members (says Codelco today) that in theory will be getting pink slips. The FTC copper union has 55,000 members... if all 55,000 union members strike on Wednesday then Chile is in a world of shit.
The Doctor
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