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Dear_China, forget USA_but remember_to weaponize_your rare_earths
https://www.scmp.com/economy/china-economy/article/3020200/china-pushing-worlds-largest-regional-trade-deal-without-us
The Doctor
Soon it will be just China_and us in DRC
https://www.reuters.com/article/us-cmoc-acquisition/china-moly-takes-full-control-of-ex-dreyfus-metals-unit-for-518-million-idUSKCN1UK23V
and the 4F-ing artisanal miners/thieves.
There are rumors that we will soon be nominated to serve in an exclusive secret all-powerful society (with only two members... or 2.5 members if you want to get real picky) created to set/stabilize worldwide cobalt pricing, but let me address 4 points first on this rumor...
1. If nominated we will not run.
2. If elected we will not serve.
3. We have no connection with the enthusiastic clubs springing up around the world supporting this great dynamic company to join/lead this secret society.
4. We have nothing to do with these clubs and have spent large amounts of money traveling around the world buying free lunches trying to dissuade to our adoring supporters from endorsing this plan.
The Doctor
Ooooo_the war is_almost here... I_can nearly_taste it
https://news.yahoo.com/syrian-state-television-says-reports-224536965.html
Our cobalt stock pps is going to start marching back up 3, 4 or hopefully 5 cents a day now just like the previous march up to the $2.00pps high last time. This is so exciting.
The Doctor
A throw_down between Tshisekedi's_UDPS and_Kabila's Red_Berets
https://news.yahoo.com/dr-congo-authorities-ban-kinshasa-rallies-over-tensions-223550629.html
Well this is encouraging. Let's hope the UDPS can get the upper hand fast(er). Anything preventing more Kabila goons getting into the government is good progress for the country.
The Doctor
BA_halts flights to_Cairo. The_war should_be starting_momentarily
I would venture to say. https://www.bbc.com/news/uk-49059700
Gasoline prices for old-timey ICE car/truck/bus owners should be going into the stratosphere soon.
To you EV lithium-cobalt car drivers... just continue talking amongst yourselves.
The Doctor
Dear_China, enough_with all_your girly-sissy nyah-nyah rare_earths threats
Grow some balls, weaponized all the rare earths and get on with your life... we're all sick of your hollow threats.
https://www.scmp.com/business/companies/article/3019290/chinas-war-chest-rare-earth-patents-give-insight-total
Geeez, you can only cry wolf so many times and then no one is going to listen to you anymore.
The Doctor
Dear_UK, Put_your drone up._Fire missile_into your_oil freighter._Problem solved
The Doctor
PS, There is no charge for this visit to the doctor's office. This solution is actually just The Usual Suspects Keyser Soze method of solving the most pressing immediate problem efficiently and with precision. You don't want this new episode to drag out.
... and make sure the resulting oil spill drifts on the currents/tides into Iran.
Ooooo, those_raghead Iranians_finally got a_big_one. Gasoline_is going_higher
https://www.bbc.com/news/uk-49053383
This proves the old adage that given enough times with a typewriter (or toy speedboat), even a monkey (or Iranian) will type the bible... or at least type a Trump rally speech for his teleprompter.
EV owners (with lithium-cobalt batteries) are still calm & collected.
ICE car owners are not.
The Doctor
USA_shoots down_Iranian drone... gasoline going_higher
https://www.bbc.com/news/world-us-canada-49040415
If you own an ICE car, then you might want to fill 'er up before the weekend.
If you own an EV then don't worry too much.
The Doctor
Dear ICE_car drivers,_the price_of gasoline_is going_to rise_again
https://www.cnn.com/2019/07/18/middleeast/iran-tanker-intl/index.html
The Doctor
Ring Ring
Hijacker Spokesperson Switchboard: Hello, this is DRC Hijacker's Emporium the main headquarters... please follow us on Facebook, Twitter and Instagram. What can I do for you?
Joey: Let me talk to the agent code-named Dan.
Hijacker Spokesperson Switchboard: Hold for a moment please while I connect you to the LaPaz Bolivia regional office.
Hijacker Spokesperson: Hello?
Joey: This is Joey.
Hijacker Spokesperson: yeah, what's up?
Joey: Did you read that the DRC Army is moving in full force to control all the thieving bug-infested Ebola-carrying artisanal miners? click here
Hijacker Spokesperson: Yeah, what's the beef?
Joey: What's the beef you ask? If this new Law & Order program is allowed to continue then all the old well-established reputable legal miners will start paying their taxes directly to the DRC Treasury by-passing my goons, schools will be rebuilt by the new government, local governments will be re-organized/re-vitalized, women/kids will no longer be raped/beaten, people will get decent medical attention from a better-funded government by the do-gooders and my core group including me will be completely f**king broke within 3 months... that's the beef.
Hijacker Spokesperson: ... and what did you expect to happen once you and your ass-kissing bench-warmer candidate Emmanuel were voted out of office?
Joey: Well this looks like some kind of new democracy thingie to embolden/support actual citizen people... nobody on our side can survive with that.
Hijacker Spokesperson: Joey, Joey, Joey... you are a dinosaur. Has-beens like you, Mugabe and Zuma are being tossed out on your ears. You should thank Gawd you still have a head on your shoulders and get out while you can. Maybe you can ask Trump for asylum... he would like you. You could probably work for him as Deputy Secretary at HUD (Housing & Urban Development).
Joey: I am going to have a nervous breakdown.
Click bzzz.......
Dear Amnesty International, Should China Molybdenum also
https://www.einnews.com/pr_news/489519329/democratic-republic-of-congo-drc-withdraw-armed-forces-from-fungurume-mines-to-avert-bloodshed
serve these cobalt thieves nice hot lunches, dig them out of their collapsed rat-tunnels, stop all the 4F-ing (fighting, fussing, f**king, and fixing flats) at night in the illegal camps, treat the Ebola outbreaks, provide clean water, clean-up/repair their environmental damage, treat the injured, pay their royalties/taxes to the government which they conveniently forget or choose not to pay to the national tax national collector, wipe their booties after they shit willy nilly all over the privately-owned land, and then go plant their vital food crops in the fields afar these pampered artisanal miners don't want to plant because it does not pay as much as stealing minerals at night from the legal companies?
Or better yet, how about you buy a nice piece of mineral rich land in DRC, jump through your askhole to get a mining permit (including local approvals wink wink) and then you let all these artisanal miners merely eke out a living on your Amnesty International owned land?
The Doctor
Awwww_bummer, Chinese_license gets revoked_in neighboring_Kenya
Tsk, tsk... whadda' shame. Aye?
https://www.scmp.com/news/china/diplomacy/article/3018489/china-meets-resistance-over-kenya-coal-plant-test-its-african
The Doctor
Awwww_bummer, Chinese_mining not_going so_well over_in neighboring_CAR
Tsk, tsk... whadda' shame. Aye?
https://www.scmp.com/news/china/diplomacy/article/3018505/central-african-republic-report-cites-ecological-disaster
The Doctor
Ring Ring
Hijacker Spokesperson Switchboard: Hello, this is DRC Hijacker's Emporium the main headquarters... please follow us on Facebook, Twitter and Instagram. What can I do for you?
Joey: Let me talk to the agent code-named Dan.
Hijacker Spokesperson Switchboard: Hold for a moment please while I connect you to the Jean-Pierre Bemba compound.
Hijacker Spokesperson: Hello?
Joey: This is Joey.
Hijacker Spokesperson: wassup?
Joey: what's the telephone number of your Jewish plumber buddy with the magic plunger?
Hijacker Spokesperson: It's Yuri, but he is over in Lebanon now fixing some toilets in a underground luxury retreat?
Joey: Can you ask him to call me when he gets back? I am having a plumbing problem out at the ranch.
Hijacker Spokesperson: 10-4.
Joey: Don't they have already plumbers in Lebanon?
Hijacker Spokesperson: yeah, but this jpob needed some special pipe routing done. Yuri is setting the sewage pipes up to carry napalm back into the underground retreat when Bibi pushes a red button back in Israel.
Joey: who owns the luxury retreat?
Hijacker Spokesperson: I don't know. Bibi is being super quiet on this one.
Joey: talk at 'cha later.
Click bzzzz.............
From_100ft underground, Hassan_Nasrallah encourages_Iran to_bomb Israel_first
https://news.yahoo.com/hezbollah-warns-iran-able-bombard-israel-war-started-224114941.html
Dear Hassan, so how 'ya doing? Did you finally manage to get that disgusting rat problem problem solved in your latest underground secret hideout? Are your toilets still on the fritz? The fact there are no windows in your latest video tells us you will be comfy safe & sound once the Hezbollah/Israeli/Iranian missiles start flying overhead. When is the last time you have actually seen the sun up in the sky?
Sooooooo, you know the price of oil will triple overnight if Iran launches a missile into Israel... right? And if the price of gasoline triples then hundreds of thousands (maybe millions) of more automobile drivers are going to finally throw their hands up in the air and say f**k it and buy an electric car instead of a fossil fuel burning car. And you do know those lithium-ion battery powered cars use lots of cobalt to stabilize the batteries to prevent internal fires/explosions?
Hassan... are you working for the Electric Car manufacturers now? Are you getting some sort of kickback for all this great promotional work?
The Doctor
PS, the Jews know exactly where your latest underground bunker is located... they will always know.
Ring Ring
Hijacker Spokesperson Switchboard: Hello, this is DRC Hijacker's Emporium the main headquarters... please follow us on Facebook, Twitter and Instagram. What can I do for you?
Joey: Let me talk to the agent code-named Dan.
Hijacker Spokesperson Switchboard: Hold for a moment please while I connect you to Moscow.
Hijacker Spokesperson: Hello?
Joey: This is Joey. Did you read that Vlad cut a deal with Evo Morales to get into the battery business?
Hijacker Spokesperson: Yup
Joey: So why isn't he calling me for the cobalt?
Hijacker Spokesperson: you're history. Persona non-grata. He is talking to Felix and Martin.
Joey: Well frack me in the ass.
Hijacker Spokesperson: Yup, can do.
Click bzzzz..................
US Pentagon_just realized_they're short_on rare_earths
after reading the Saturday morning South China Morning Post
https://www.scmp.com/news/china/article/3018452/pentagon-races-track-us-rare-earths-output-amid-trade-war-china
Tsk tsk, this is not going to end well for the Pentagon and DARPA... especially when China has to tell (or remind) them that their USA warehouses are nearly empty on rare earths.
The Doctor
Stop_the Presses!_There's a_new Big_Kahuna(s)_in Town...Morales_&_Putin
Russia wants to get into the Lithium Battery game big time Click here
Bolivia/Russia will perhaps very likely I would guess soon next then be wanting a nice 100_mile wide strip through the Chilean Atacama Desert to RE-connect Bolivia to the Pacific Ocean in order to ship Bolivian lithium to the Novosibirsk Commercial Sea Port in Russia... and who would dare stop them you would ask?
Now if Russia wants to make lithium batteries for electric cars/buses/trucks to use in Moscow to cut down on the awful air pollution in the capital... then it should follow that they are going to also want lots of cobalt to add to those Russian batteries I would think. I wonder where they will be getting all that new cobalt they will need for those Russki batteries? I kind of doubt it will be that chinese stuff they used in that top-secret submarine that blew up July 2.
The Doctor
PS, Viva la Morales_&_Putin... yeee haaaaa
EV_FordWagen says_yum-yum. Boost price_of crude_oil...fight,_war, boom-boom
https://www.cnbc.com/2019/07/12/ford-vw-confirm-plan-to-collaborate-on-autonomous-electric-vehicles.html
build more lithium cobalt batteries... go team!
The Doctor
PS, Dear Iran, war is good for business. Be the first to invest all your sons for your most glorious future as Alexander the Great would tell you if he were still alive... although that doesn't much matter since Alexander never died in your minds.
Oil_at 6-week high. Tesla/BYD/VW EV_divisions must_be licking_their chops
https://www.cnbc.com/2019/07/11/reuters-america-update-3-oil-at-6-week-high-on-gulf-of-mexico-storm-iran-tensions.html
The Doctor
PS, Dear Ayatollah Ali Khamenei, instead of using 5 or 6 of your little piss ant speedboats to capture a big lumbering sitting-duck slow-moving British oil tanker, the next time you should use one or two of your homemade submarines instead... that'll be the ticket.
Well,_it shouldn't_be too_much longer_now, price_of oil_will
skyrocket and every stuck-in-traffic/smog automobile driver will want an electric car... with plenty of cobalt in the battery (hooray for us).
https://www.axios.com/iran-tried-to-seize-british-oil-tanker-in-gulf-eff8c221-9808-4f71-bb95-fe6864828f0c.html
and https://www.express.co.uk/news/world/1151881/Iran-news-latest-update-World-War-3-khamenei-Middle-east-UK-oil-tanker-persian-gulf-Trump
Dear Ayatollah Ali Khamenei, if at first you don't succeed (in hijacking an unarmed sitting-duck slow-sailing British oil tanker)... then try try try again.
The second or third (or by the fourth for sure) attempt at overtaking a British oil tanker should be the charm for your f**k-ups in those little piss ant speedboats of yours and then the price of oil will shoot into the stratosphere meaning you can sell fewer barrels and make even mo' money. And then of course... welcome to your next nightmare.
The Doctor
Ring Ring
Hijacker Spokesperson Switchboard: Hello, this is DRC Hijacker's Emporium the main headquarters... please follow us on Facebook, Twitter and Instagram. What can I do for you?
Joey: Let me talk to the agent code-named Dan.
Hijacker Spokesperson Switchboard: Hold for a moment please while I connect you to Moscow.
Hijacker Spokesperson: Hello?
Joey: This is Joey.
Hijacker Spokesperson: ... wasssup?
Joey: Are we cool with Vladimir now?
Hijacker Spokesperson: Yeah, I had to wash and wire via jewish banks 7 million of the 10 million you gave me to the attorney for Jeffrey Epstein in New York. It appears sneaky Jeffrey has a couple of videos in his Paris vault of some big wig from New York getting his jollies off with a 14 year old girl to rejoin the mile-high club on a private jet. Vlad wants to make sure with the 7 Mil cash payoff that the secret videos of his NY buddy don't make it onto YouTube before November 2020. So why the call today?
Joey: I am super depressed. I don't dare leave the country. Felix and Martin have fallen in love and nearly all the miners in the DRC Mining Week meeting in Lubumbshi have figured out how to circumvent my testicle-twisting extortion... and over half of my paid thugs are ditching their guns, dressing up like queers and now pretending to be peace-loving non-violent homos since their revered ass-kicking icon Bosco Ntaganda has plead guilty to war crimes.
Hijacker Spokesperson:... and what exactly is it that you want me and our organization to do?
Joey: I need you and your thieving little nerdy Israeli buddies to put the money you liberated or hid back in my offshore bank accounts so I can pay to stir up a whole new batch of evil shit and chaos in DRC.
Hijacker Spokesperson: Ha ha ha... Joey Joey Joey, you always can make me laugh and feel good about our good Samaritan work in the Africa.
Joey: Soooo? Can you help me? I will give you 1 billion green USA as soon as you reestablish my offshore accounts.
Hijacker Spokesperson: Nothing has changed for you Joey. You made your bed during the last election against my advice, so now you're going to sleep in it.
Click... bzzzzzzzzzzzzzzzzzz
Sky_is_falling! Sky_is_falling! Only Senator_Murkowski can_see_it in_USA
https://www.murkowski.senate.gov/press/article/automotive-logisitics-running-out-of-juice_will-demand-for-battery-materials-outstrip-supply
Senator Murkowski writes... Cobalt the biggest concern.
The Doctor
Ring Ring
Hijacker Spokesperson Switchboard: Hello, this is DRC Hijacker's Emporium the main headquarters... please follow us on Facebook, Twitter and Instagram. What can I do for you?
Joey: Let me talk to the agent code-named Dan.
Hijacker Spokesperson Switchboard: Hold for a moment please while I connect you to our observer ship in the Straits of Gibraltar.
Hijacker Spokesperson: Hello?
Joey: This is Joey.
Hijacker Spokesperson: ... and what did you f*ck up now?
Joey: Well errrr I might have sold some Chinese refined cobalt originally mined willy-nilly by some half-starved DRC little kids to a Russian battery maker who made some top-secret batteries for the Russian navy submarine corps handling dirty-ops.
Hijacker Spokesperson: ... and?
Joey: ... and the Chinese chemistry on the cobalt wasn't up to snuff... plus it was radioactive.
Hijacker Spokesperson: ... and?
Joey: I need you to call the Kremlin and tell Vladimir that it was the Chinese that f*cked-up... not me. And that I will never send Chinese cobalt to Russia again if he will cancel the "contract" to cut my balls off and stuff them down my throat to choke me to death.
Hijacker Spokesperson: Joey, Joey, Joey... this one is going to cost you a $10,000,000 USA wire transfer now.
Joey: I'll do it. When can you straighten this out?
Hijacker Spokesperson: I will have a 3-4 hour window right after Iran hijacks a British oil freighter in the Persian Gulf any time soon now.
Joey: Please don't delay.
Hijacker Spokesperson: You need to realize you can't send that Chinese cobalt to Russia... they don't play 'dat shit.
Joey: I know, I know... it will never happen again.
Click..............bzzzzzzz
Russian_submersible fire was in battery compartment
https://www.bbc.com/news/world-europe-48865332
Question 1. Was the battery Lithium-ion?
Question 2. If the battery was Lithium-ion, was it deficient in the stabilizing cobalt component used to prevent fires/explosions?
Remember the old adage, "When you cheat on the cobalt chemistry that you need, you pay for it eventually... sometimes a million-fold".
The Doctor
Dear_Joey, are you_fretting what I_am fretting?
Are you fretting that China won't be able to pay their monthly "informal protection bill" in DRC if their regional banks start going belly-up?
https://www.axios.com/baoshang-bank-china-central-economy-cf371908-31df-4eb4-a811-37ab39d877b2.html
Ahhhhh, it is probably just a temporary hiccup in Chinaland... don't Fret. Go ahead and finish that mint julep and take a nap on the veranda.
The Doctor
DRC_says it will_remove illegal_miners from_Glencore site
https://www.bloomberg.com/news/articles/2019-06-29/drc-says-it-will-remove-illegal-miners-from-glencore-site
and https://www.mining.com/web/after-deadly-collapse-congo-vows-to-remove-illegal-miners-from-glencore-concession/
I wanted to make some sarcastic joke/remark/anecdote about this new "enlightened/gracious/benevolent/long-overdue" governmental policy... but I am not in my usual "let's rip a new asshole" mood today.
The Doctor
PS, thank you Felix and Interior Minister Basile Olongo... this is indeed a fine gesture of governmental cooperation for a struggling private enterprise now simply trying to make the nut this year.
Dear_Xi Jinping,_get off_the toilet_and weaponize_the f**king rare_earths
https://multimedia.scmp.com/infographics/news/china/article/3014968/rare-earth/index.html
Show Trump you are not some toothless testicle-less little kid's always plastic-smiling chubby panda bear and that you are worthy to stand on the same dais as him.
Geez, stop with the girly sissy threats and actually "Let Her Rip". Weaponize all the rare earths today.
The Doctor
Well_thank goodness,_no one_died at_Chinese mines_protected by_the DRC_military
See last paragraph, Congo’s military deployed hundreds of soldiers last week to protect a copper and cobalt mine owned by China Molybdenum Co Ltd from illegal miners.
https://www.standardmedia.co.ke/article/2001331699/at-least-36-killed-in-collapse-at-glencore-mine-in-congo
The Doctor
In this_sheethole We_get sodomized_from the_top down...and the_bottom_up
At least 19 illegal miners were killed on Thursday when part of a copper and cobalt mine
operated by Glencore’s subsidiary in the Democratic Republic of Congo collapsed.
https://www.ft.com/content/542c9768-98ec-11e9-8cfb-30c211dcd229
How any miner can succeed in this lawless wild west African sheet hole is a miracle.
The Doctor
NIO_recalls nearly_5,000 eSUVs for_spontaneous combustion_battery risk
https://electrek.co/2019/06/27/nio-recall-es8-battery/
Dear NIO, If I were you I would first check to make sure you got all the safe-guard fire-preventing/explosion-preventing stabilizing cobalt in your batteries that you paid for.
The Doctor
The_Ebola response in_Congo is running_short of money
https://www.economist.com/middle-east-and-africa/2019/06/23/the-ebola-response-in-congo-is-running-short-of-money
On another sad note... Joey's Mercedes Benz limousine was running short of gasoline this weekend during a picnic out by the lake, but fortunately his armed guards in the back-up limo had a couple of extra gallons of fuel in a reserve jerrican. Joey safely made it back to the palace and only suffered some mild perspiration for 10 minutes during the refueling. Whew, that was a close one.
The Doctor
Excellent_way to_raise demand_for EVs...have Iran_shoot down_a_US drone
https://www.reuters.com/article/us-mideast-iran-usa-confirmation/us-military-says-iran-shoot-down-of-its-drone-was-unprovoked-attack-idUSKCN1TL1D2
And as you all remember, the high-quality EVs that do not have exploding batteries are of course built with sufficient levels of cobalt in them.
The Doctor
China cobalt operations gets preferential protection in DRC
https://finance.yahoo.com/news/congo-deploys-army-protect-china-114238834.html
... and this additional breaking news just in to our news media desk... the sun will also rise tomorrow morning.
The Doctor
In_30 years,_Felix's headstone_will read...Sad, but_Felix always_had_a good_tailor
https://www.mining.com/web/dont-be-in-a-rush-to-do-business-in-worlds-top-cobalt-producer/
The Doctor
DRC_army moves_to dislodge_illegal miners... WTF, did_hell freeze_over last_night?
https://www.france24.com/en/20190618-dr-congos-army-moves-dislodge-illegal-miners
The Doctor
Congo_State miner's high-flying chief has his_wings clipped
Tshisekedi wants “Gecamines (see Albert Yuma) to stop being a kind of dairy cow for certain Congolese political officials"
Click here see paragraph 5 for dairy cow quote
Without a nice fat Gecamines tit to suck on there will be scores of fat-cat zoot-suit bureaucrats that will have to soon go back to actually working for living... tsk tsk, Felix is apparently indeed making some significant headway now on teaching these holdover government hacks the true path to righteousness and eventually to rebuilding some self-respect.
Right on Felix,
The Doctor
Ring Ring
Hijacker Spokesperson Switchboard: Hello, this is DRC Hijacker's Emporium the main headquarters... please follow us on Facebook, Twitter and Instagram. What can I do for you?
Joey: Let me talk to the agent code-named Dan.
Hijacker Spokesperson Switchboard: Hold for a moment please while I connect you to our observer ship in the Straits of Hormuz.
Hijacker Spokesperson: Hello?
Joey: This is Joey, is it true Blackwater is setting up shop in DRC?
Hijacker Spokesperson: That's a big rubber-ducky 10-4
Joey: But why?
Hijacker Spokesperson: Because it is "replenishment" time.
Click... bzzzzzzzzz
Chinese_rare earths_prices soar._Grrrr, go_get_'em Xi_Jinping. Show_'em_who's boss
https://finance.yahoo.com/news/weapon-choice-china-rare-earth-062554487.html
The Doctor
PS, Hooray for Xi... you da' man.
Comrade_Cary Huang,_don't be_such_a killjoy._Let Xi_Jinping weaponize rare_earths
https://www.scmp.com/comment/opinion/article/3012994/chinas-ban-rare-earths-didnt-work-japan-and-wont-work-trade-war-us
Besides it is time for Dear Leader Xi Jinping to grow some balls and show the USA who is the big boss.
Chill out.
The Doctor
ooops,_disregard this post...continue talking_amongst yourselves
USA_DOJ wants to_investigate corrupt_practices in_corrupt DRC
https://af.reuters.com/article/drcNews/idAFL8N23A2VH
Ho hum, so what else is new?
The good news today is that Trump hasn't upset the Queen... as of noon today that is.
The Doctor
The_first kick_into Kabila's nut_sack is_a_perfect shot_right on_target
Etienne Tshisekedi's body returned to DR Congo from Belgium
https://www.bbc.com/news/world-africa-48459795
The Doctor
Does_anyone doubt_Umicore is_hooked into Volvo and_VW?
Well, we have an off take agreement, now all we need to do is make sure all the DRC feathers get smooth out nicely/properly.
Glencore, Umicore in long-term cobalt supply deal
also click here
The Doctor
Dear_USA (and_maybe China),_say goodbye_to_DRC. The_new "overseer"_is_moving in
http://www.globaltimes.cn/content/1151458.shtml
The Doctor
Dear_Glencore, please_tell us_the cobalt_feedstock for_First_Cobalt is_coming from_KAT
https://www.miningweekly.com/article/glencore-and-first-cobalt-team-up-to-restart-refinery-2019-05-22
Does this mean we will be sending less cobalt to South Africa for refining? I certainly hope so.
The Doctor
And_how exactly do_you respond_Ivan? We_see nothing,_we_know nothing
Click here for inspirational video.
https://www.businesslive.co.za/fm/money-and-investing/2019-05-16-glencore-at-a-loss-over-drc-scandal/
The Doctor
Well surprise_surprise, Trump_excludes Chinese rare earths from Tariffs
http://www.globaltimes.cn/content/1150281.shtml
quietly hoping no one will notice his boner-less trepidation. Well XI Jinping has already noticed.
In hindsight the USA should have locked up their rare earth minerals supplies 2 years ago before making this latest attempt at starting a trade war. The spooks at DARPA will be crying a tantrum for lithium and cobalt before year's end especially if this new "hot" war with Iran gets going full steam.
The Doctor
How_China crawled_up DRC's_ass and_built a_nice fully-furnished luxury-condo
complete with full-time butlers/maids and 24 hour concierge service.
https://foreignpolicymag.files.wordpress.com/2019/04/mining-the-future-fp-may-2019-1.pdf
as prepared by FP Analytics, the research division of the FP Group.
From Page 4
By targeting debt-stressed mining companies already established in the DRC, China’s SOEs and private firms have secured equity shares and influence over a majority of its mines, including majority stakes in the Tenke Fungurume mine, which holds one of the world’s largest, highest-grade deposits of copper and cobalt. China Molybdenum bought the majority stake (56 percent) from U.S. company Freeport-MacMoRan in 2016, and recently bought an additional 24 percent stake from Chinese private-equity firm BHR Partners. Over time, China has secured ownership over 10 out of the DRC’s 18 major operational mines, six major development projects, and a three-year off-take deal from the DRC’s (and the world’s) largest cobalt mine, effectively establishing influence over 52 percent of the country’s production
This May 2019 document might be the most comprehensive & clear analytical report/summary we have ever read on WTF happened to the most promising mineral/rare-earth elements nations in the world when China effectively and masterfully clawed their way up these nations' colons to set up shop permanently.
The Doctor
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458
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06/17/11
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Katanga Mining Limited operates a large-scale copper-cobalt project with substantial high-grade mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo (DRC).
Our single-site operation, which comprises brownfield assets and new facilities under construction, will have one of the lowest unit production costs in the world, net of by-product credits.
The January 2008 merger with Nikanor PLC, whose adjacent concessions had previously been part of the same mine complex, has consolidated our leadership position in the region and is expected to generate significant operating and financial synergies.
Katanga holds a 75% stake in two joint ventures with Gécamines, a state-owned mining company in the DRC.
We are committed to the socio-economic development of the DRC and the communities surrounding our operations, and place sustainable development as integral to the way we do business.
Katanga is listed on the Toronto Stock Exchange under the symbol KAT.
WEBSITE: http://www.katangamining.com/
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KATANGA is the world biggest Cobalt mine.
The world third biggest mining company Glencore holds 86.33% of shares.
Glencore now beneficially owns, or has control or direction over, a total of 1,646,613,928 shares in Katanga representing approximately 86.33% of the outstanding shares of Katanga (based on there being a total of 1,907,380,413 shares of Katanga outstanding).
http://www.glencore.com/assets/media/doc/news/2017/20170213-Glencore-purchases-stakes-in-Mutanda-and-Katanga.pdf
The other institutions that hold Katanga Shares
Citibank China Co Ltd 53,668,000
http://investors.morningstar.com/ownership/shareholders-major.html?t=KAT®ion=can&culture=en-US&ownerCountry=USA
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BSG Capital Markets PCC Limited
Direct Ownership Common Shares 26,504,383
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Central African Mining & Exploration Company plc
10,175,130 shares
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Katanga posted New Technical report: Area produces roughly 7% of the world’s copper production and 62% of the world’s cobalt production.
Production will re - commence during the second half of 2017
page 31:
Mining in the Kolwezi district has a long history, stretching back to the early 1900’s. At its peak, in the late 1980s, the district accounted for roughly 7% of the world’s copper production and 62% of the world’s cobalt production. In the mid-to late-90s, production declined to a virtual standstill as a result of various political and technical factors. In 2002, a new Mining Code was established and since 2008, after the KCC and DCP merger, significant growth in mining production has occurred. Due to a slump in metal prices in 2015, operations were put on care and maintenance. During this time, construction of the WOL facility was undertaken in order to achieve the planned recoveries and reduce operating costs. Production will re-commence during the second half of 2017.
http://www.katangamining.com/~/media/Files/K/Katanga-mining-v2/operations/reportsoperational/technical-report-march-2017.pdf
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Katanga Mining Is A Potential Turnaround Story
https://seekingalpha.com/article/4033629-katanga-mining-potential-turnaround-story
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Tesla's Evolving Cobalt Nightmare
https://seekingalpha.com/article/4027400-teslas-evolving-cobalt-nightmare
The role of cobalt in battery supply
http://www.indmin.com/Article/3586106/The-role-of-cobalt-in-battery-supply.html
Cobalt to the fore as lithium-ion battery demand rises for electric vehicles and renewables storage
http://www.abc.net.au/news/2017-01-25/wa-cobalt-project-poised-for-slice-of-battery-storage-pie/8187296
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COBALT PRICE INCREASED 150%
http://www.infomine.com/investment/metal-prices/cobalt/1-year/
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KATANGA (KATFF, on the TSX: KAT.T) is an essential company for Cobalt production. The company has the world biggest cobalt reserve. Due to a slump in metal prices in 2015, operations were put on care and maintenance. During this time, construction of the WOL facility was undertaken in order to achieve the planned recoveries and reduce operating costs. Production will re-commence during the second half of 2017.
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