European Metals Holdings Share Chat (EMH)

And the citizens of Greece and Italy are no better off even after the Billions from UK and Germany have been swallowed into a massive EU pit !

85.5p finish in aus?!

U.S. lawmakers propose giving USPS $6 billion for electric delivery vehicles
https://auto.economictimes.indiatimes.com/news/industry/u-s-lawmakers-propose-giving-usps-6-billion-for-electric-delivery-vehicles/81403933

https://www.livewiremarkets.com/wires/beyond-china-what-s-driving-commodity-super-cycle-2-0

The Decarbonate Thematic

sector interest (VW)

Https://stockhouse.com/opinion/independent-reports/2021/03/02/byd-rock-tech-lithium-xiaomi-licensed-to-print-money#FNL20210303

Theosus, I lived in Greece until recently, and now live in Cyprus. The Greek crisis was exacerbated primarily by the IMF, but was originally due to corruption at the highest levels in Greece. The EU imposed measures were harsh, but they have largely remedied the problem and pre-covid, the Greek economy was back on track after years of languishing.

And then consider 1970's Britain... and consider why you recovered so well since that period as the UK entered the single market and customs union. Even then, why is the UK the most unequal of the ten richest countries in Europe ( http://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-053230_QID_152CE537_UID_-3F171EB0&layout=TIME,C,X,0;GEO,L,Y,0;INDIC_IL,L,Z,0;INDICATORS,C,Z,1;&zSelection=DS-053230INDICATORS,OBS_FLAG;DS-053230INDIC_IL,GINI_HND;&rankName1=INDIC-IL_1_2_-1_2&rankName2=INDICATORS_1_2_-1_2&rankName3=TIME_1_0_0_0&rankName4=GEO_1_2_0_1&sortR=ASC_8&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=NONE&time_most_recent=false&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23 )

Also, why does it have the lowest literacy rates of OECD nations and the second lowest numeracy rates? (http://www.oecd.org/unitedkingdom/building-skills-for-all-review-of-england.pdf ) [see page 10] Perhaps the last relates to the previous?

As for the NHS, it may have faced some privatisation under Blair. He was a wet tory by instinct. And some aspects of the NHS may benefit from privatisation. But not wholesale, which is what seems to be underway at the moment, albeit stealthily.

Anyway, enough. This board is for the discussion of EMH. Which by the way will benefit hugely from EU subsidies and which may well have been nationalised by Babis a few years back were it not for the EU. So when you make a fortune from being invested here, you know who you have to thank.

"The EU is particularly irritated because it had paid AstraZeneca hundreds of millions of euros in advance in order to expedite production ahead of the vaccine's official approval. European Commission chief Ursula von der Leyen said that "Europe invested billions to help develop the world's first COVID-19 vaccines and create a global demand." The onus, she said, was now on the companies to "deliver and honor their obligations." There is currently no independent information available to explain AstraZeneca's delivery bottlenecks in Europe."
https://www.dw.com/en/fact-check-is-astrazeneca-in-breach-of-its-eu-contract/a-56360480

"Where there may be a significant difference is in which markets the drug company is prioritizing. Soriot confirmed to La Repubblica that his company had agreed to supply the UK before other markets, saying it was "fair enough" because the UK had reached an agreement with AstraZeneca earlier than the EU. But the UK's official contract is actually dated August 28, one day after the EU's contract."
https://edition.cnn.com/2021/02/17/europe/uk-astrazeneca-vaccine-contract-details-intl/index.html

The NHS has slowly been privatised for years even under labour.

>>The EU is not a country like the USA and doesn't own those assets.
Now the UK have left they want to become more like a country with 'ever closer union'.

EU is securing the supply chain in its published plan.

>AZ have a manufacturing plant in Belgium. The EU paid 300m up front to help then pay for development and distribution. But the fact is the UK paid 4 times more peer vaccine. it's business.
The EU did not pay all the money upfront, paid nothing for development. The payment was for the setup of factories and the supply line. UK did NOT pay 4 times the EU price, it was £2 v 1.78 euro but that was not the point.

The UK paid for the development of the vaccine, the development of a manufacturing process and paid for the factories to be built in the UK.
The UK gave AZN a blank check to get the job done in the least time possible. EU drove a deal to get it cheap and wasted 3 months.

antelope
As much as I admire your loyalty to the EU, you have to admit that it has done a poor job in making its citizens better off. If in doubt just ask a Greek, or even an Italian..
It is such a shame because it was a good idea .. But like a lot of good ideas sadly... It got hijacked...!!!
The Uk.. No worries here. Its a very wealthy country despite the Govts failings !!
atb
T

AZ have a manufacturing plant in Belgium. The EU paid 300m up front to help then pay for development and distribution. But the fact is the UK paid 4 times more peer vaccine. it's business. And the tory's cavalier attitude to public money. And don't get me started on democracy... you call what's been going on the UK for 4 year democratic? And the corruption in govt now is astonishing. Donate 5 grand to the tories and win yourself a multi million pound contact supplying something you know nothing about. Better investment then even EMH.

I hope you guys pull brexit off. I really do. My sons live there. But one's a doctor in the NHS and acknowledges that that's being privatised, and thus far, the uk is a global laughing stock and has burned most of the only asset it ever had, namely soft power. Even that economic component upon which the entire country depends, namely the City, is under threat now. There's a chance you could make it. Lots of public investment (or its effective correlate, reduced corporate tax if they can be reduced any further) in new tech and clean energy R&D to become a global hub... ah but hang on, public investment is a labour policy... and fees for uni, where a lot of the R&D happens, are so high now that foreign students including many Phds are no longer coming..... and so we go on round and round. All these things add up. You've a hell of a job on your hands. No wonder that unctuous dinosaur Rees-Mogg reckons it'll be 50 years before UK feels the full benefit. But he's ok, he's moved his hedge fund into the EU.

The EU is no panacea. It's deeply flawed, but not as flawed as the UK. It's a work-in-progress, and we should be part of designing it. Damn. Like a red rag to a bull. I'm saying no more. Promise.

That's a very rosy picture of EU. They actually moved to a fascist agenda when they tries to controlling the production of vaccines from a private company under threat of illegality the Belgium prime minister has a lot to answer for. Brussels are trying to install 6 presidents so that can get rid of majority voting very democratic

"Its is however the controlling body with its member states and tries to ride roughshod over all and sundry."

Straight out of the Daily Wail I suspect. The EU could be likened to a committee of 27 nations who are agreeing standards and processes between them to maximise cooperation rather than competition, and to reduce trade friction between countries as far as possible. It doesn't 'ride roughshod over all and sundry'... it IS the countries you say are being ridden over. Nothing happens without unilateral agreement and everyone has input. The UK helped in a big way to specify and define the customs rules for third party countries for example. Presumably not expecting to be one. The EU is an ongoing project and possibly the most aspirational that world has ever seen. Except for backward looking little englanders of course. You're right about vaccines. You contract with AZ was tighter then others. That's all. Now look at the case and death rate in the UK. To highlight one issue and condemn everything else thereby is pretty typical.
Anyway, I could go on but this isn't the venue. So will say no more.

Dumbpunter
The EU is not a country like the USA and doesn't own those assets. Its is however the controlling body with its member states and tries to ride roughshod over all and sundry.
Just look at the vaccine debacle and then tell me its not insular.
This however as I tried to point out is to this companies great advantage.

>>The EU are very insular and that is what I feel will really help this project.
Its not insular to protect your supply chain as the US and EU are doing with their critical metals.

Its nothing new, how many wars were fought over oil?

As an example, US Department of Defense is funding a US Rare Earth metals mine in the US. EU has similar strategy, so very strong potential for similar action.
And Europe is world leader in Electric car transition, probably similar for renewable energy.

Fingers..
Singapore is engaged in the sun cable project.
https://suncable.sg/
It is also quite a dynamic place and usually very quick to embrace new technology. No doubt they will sort themselves out...

https://finance.yahoo.com/news/singapore-warms-electric-cars-two-210000924.html

https://www.channelnews.com.au/government-spends-1-3bn-on-rare-earth-tech-minerals-for-mobile-devices/

Sooner or later China wont even get our Lithium in Australia .

Not Gunna be enough Lithium .
https://www.electrive.com/2021/03/07/canada-invests-in-e-buses-and-infrastructure/

And another new customer ant :
Startup Italvolt plans 4 bn euro investment in Italian EV battery plant
https://auto.economictimes.indiatimes.com/news/auto-components/startup-italvolt-plans-4-bn-euro-investment-in-italian-ev-battery-plant/80958791

antelope
Well there is the Cornish facility . Next I suppose will be any of the worlds top producers non of which are in the EU.
Its all the availability of the other REEs that may prove a problem for the EU.
The EU are very insular and that is what I feel will really help this project.

Perhaps not huge demand however for this one...

https://www.bbc.com/news/uk-england-coventry-warwickshire-56315124

Theosus, I think EU demand will be such that they'd take everything EMH can supply, and furthermore, the EU will help to fund capacity expansion.

I doubt there'll be anything left over for the UK. Your government by the way... I live in the EU :-)

antelope.
In my humble opinion...I would imagine EU demand would be very high. Would it not be the goal for the car to be assembled from “wholly obtained” components within the EU thus mitigating the "rules of origin" regulations and tariffs under code 8703. Cars are a very price sensitive commodity.
This is something I don't believe our Govt have fully taken on board yet.