Member Info for alwayshoping

https://globelynews.com/south-asia/saudi-arabia-reko-diq-****stan-copper/

the saudis are certainly not sitting around doing nowt.

as usual....alwayshoping.

4. Commodities

We are currently focused on copper, lithium, nickel and iron ore.

https://www.manaraminerals.com/Investments.html

The key pillars of our

investment strategy:

1. Partnership

We take minority positions in companies and assets, providing long-term capital for long term partnerships with world class operators.

4. Commodities

We are currently focused on copper, lithium, nickel and iron ore.

5. International

Our investment mandate is global, and we see opportunities in Africa and Asia, connecting with value chains in the Middle East.

I wonder where in Africa. Zanaga maybe?? As usual ..alwayshoping.

https://www.manaraminerals.com/Investments.html

The key pillars of our

investment strategy:

1. Partnership

We take minority positions in companies and assets, providing long-term capital for long term partnerships with world class operators.

5. International

Our investment mandate is global, and we see opportunities in Africa and Asia, connecting with value chains in the Middle East.

I wonder where in Africa. Zanaga maybe?? As usual ..always hoping.

Cooperation: Chinese investments in Congo have reached 100 billion dollars

Wednesday, August 2, 2023 - 4:39 p.m.

""The People's Republic of China has become for some years the first economic and commercial partner of the Congo, with a stock of investments valued to date at 100 billion dollars. The assistant minister of the international department of the committee of the Chinese Communist Party (CCP), Zhu Rui, on a working trip to Congo, affirmed this on August 1, during discussions with the presidents of the Senate , Pierre Ngolo, and of the National Assembly, Isidore Mvouba.

During their talks, which took place separately, Zhu Rui hailed the excellent relations between Brazzaville and Beijing, elevated for several years to the rank of a win-win strategic partnership.

The leader of the Chinese Communist Party expressed to the presidents of the Senate and the National Assembly his country's desire to carry even more the banner of Sino-Congolese cooperation at all levels. A special program is being set up for this purpose as part of implementing President Xi Jinping's policy on socialism with Chinese characteristics, he said. This approach is a way for his country, the world's second largest economy, to offer Congo and other developing countries a new economic model that would allow them to flourish.

To strengthen win-win cooperation with Congo, whose investment stock has currently reached 100 billion dollars, Zhu Rui stressed that China will continue to support Congo to regain macroeconomic stability. Chinese companies to come and invest massively in Congo in order to boost its economic growth. Likewise, our country plans to increase the quota of scholarships for the benefit of young Congolese ”, he added ""

https://www.adiac-congo.com/content/cooperation-les-investissements-chinois-au-congo-ont-atteint-100-milliards-de-dollars-150383

Cooperation: Chinese investments in Congo have reached 100 billion dollars

Wednesday, August 2, 2023 - 4:39 p.m.

""The People's Republic of China has become for some years the first economic and commercial partner of the Congo, with a stock of investments valued to date at 100 billion dollars. The assistant minister of the international department of the committee of the Chinese Communist Party (CCP), Zhu Rui, on a working trip to Congo, affirmed this on August 1, during discussions with the presidents of the Senate , Pierre Ngolo, and of the National Assembly, Isidore Mvouba.

During their talks, which took place separately, Zhu Rui hailed the excellent relations between Brazzaville and Beijing, elevated for several years to the rank of a win-win strategic partnership.

The leader of the Chinese Communist Party expressed to the presidents of the Senate and the National Assembly his country's desire to carry even more the banner of Sino-Congolese cooperation at all levels. A special program is being set up for this purpose as part of implementing President Xi Jinping's policy on socialism with Chinese characteristics, he said. This approach is a way for his country, the world's second largest economy, to offer Congo and other developing countries a new economic model that would allow them to flourish.

To strengthen win-win cooperation with Congo, whose investment stock has currently reached 100 billion dollars, Zhu Rui stressed that China will continue to support Congo to regain macroeconomic stability. Chinese companies to come and invest massively in Congo in order to boost its economic growth. Likewise, our country plans to increase the quota of scholarships for the benefit of young Congolese ”, he added ""

https://www.adiac-congo.com/content/cooperation-les-investissements-chinois-au-congo-ont-atteint-100-milliards-de-dollars-150383

Reported by another source ...." Dialogue sessions were held on a number of topics in the sectors of transportation, logistics, mining, food industries, agriculture, health care, sports and entertainment.

On the other hand, the Brazilian-Saudi round table meeting will be held tomorrow. With the aim of discussing investment opportunities and upgrading investment relations between the two countries, and strengthening efforts to develop economic and investment ties in areas of common interest. " As usual...alwayshoping.

Reported by another source ...." Dialogue sessions were held on a number of topics in the sectors of transportation, logistics, mining, food industries, agriculture, health care, sports and entertainment.

On the other hand, the Brazilian-Saudi round table meeting will be held tomorrow. With the aim of discussing investment opportunities and upgrading investment relations between the two countries, and strengthening efforts to develop economic and investment ties in areas of common interest. " As usual...alwayshoping.

Just back from todays meeting haha...nothing of real note re Zanaga highlighted so far.

25 Memoranda of Understanding (MoUs) were signed at the Brazilian – Saudi Investment Forum, across sectors including Petrochemicals, Food Processing, Tourism, Healthcare, Real Estate, Aerospace & Defense. This includes an MoU between civil construction company OEC and MISA for the former to open a Regional Headquarters (RHQ) in the Kingdom to explore construction opportunities in Saudi Arabia in consortium with Saudi construction companies. Light Capital also signed an MoU with MISA to open a RHQ which will explore payment systems in the Middle East.

"

Https://www.arabnews.com/node/2347311/business-economy

"The minister is scheduled to open the Brazilian-Saudi Investment Forum which aims to enhance investment relations between the two countries across fields.

The forum will see the participation of several officials and CEOs of major companies as well as representatives of the private sector from the two countries. "

Moreover, the forum will tackle issues related to investment and environment in the Kingdom and Brazil, in addition to a number of discussion sessions on opportunities in mining, food processing, agriculture and transport.

Https://www.arabnews.com/node/2347311/business-economy

"The minister is scheduled to open the Brazilian-Saudi Investment Forum which aims to enhance investment relations between the two countries across fields.

The forum will see the participation of several officials and CEOs of major companies as well as representatives of the private sector from the two countries. "

Moreover, the forum will tackle issues related to investment and environment in the Kingdom and Brazil, in addition to a number of discussion sessions on opportunities in mining, food processing, agriculture and transport.

MM and others. Have you guys any thoughts on just why, at this moment in time, none, as far as we are aware, of our "so called frontrunners/favourites" have either put in a low ball offer to get the ball rolling, or alternatively, a "super offer" to blow the opposition out of the water yet. With all their financial clout, there is no way that they are too worried about the cost savings currently being costed by the Chinese. Why no sign, again, as far as were are aware, of FOMO. OR do you think it is simply a case of each waiting for the others to make the first move?

MM and others. Have you guys any thoughts on just why, at this moment in time, none, as far as we are aware, of our "so called frontrunners/favourites" have either put in a low ball offer to get the ball rolling, or alternatively, a "super offer" to blow the opposition out of the water yet. With all their financial clout, there is no way that they are too worried about the cost savings currently being costed by the Chinese. Why no sign, again, as far as were are aware, of FOMO. OR do you think it is simply a case of each waiting for the others to make the first move?

Https://www.arabnews.com/node/2345806/business-economy

Https://www.arabnews.com/node/2345806/business-economy

Https://www.zawya.com/en/wealth/wealth-management/saudis-maaden-and-pif-to-buy-13-stake-in-brazils-base-metals-unit-for-34bln-ufsrc2le

Https://www.zawya.com/en/wealth/wealth-management/saudis-maaden-and-pif-to-buy-13-stake-in-brazils-base-metals-unit-for-34bln-ufsrc2le

A few more dots being joined ??

NOV 22 we get this.

Vale signs agreements to develop Mega Hubs in the Middle East and provide decarbonization solutions for steelmaking

Vale announces that it has signed three agreements with local authorities and clients to jointly study the feasibility of developing industrial complexes (Mega Hubs) in the Kingdom of Saudi Arabia, the United Arab Emirates and the Sultanate of Oman to produce low carbon footprint products to the steelmaking industry.

Today, we get this.

Saudi Arabia enhances cooperation with Oman as PIF signs MoU with OIA

https://www.arabnews.com/economy

A few more dots being joined ??

NOV 22 we got this.

Vale signs agreements to develop Mega Hubs in the Middle East and provide decarbonization solutions for steelmaking

Vale announces that it has signed three agreements with local authorities and clients to jointly study the feasibility of developing industrial complexes (Mega Hubs) in the Kingdom of Saudi Arabia, the United Arab Emirates and the Sultanate of Oman to produce low carbon footprint products to the steelmaking industry.

Today, we get this.

Saudi Arabia enhances cooperation with Oman as PIF signs MoU with OIA

https://www.arabnews.com/economy

MM Good to see you are still posting on this thread.

Is this the consortium you were referring to below...from June 29th

Zanaga Consortium29 Jun 2023 16:02

Ahead of tomorrow's report, here's my accumulated joining of the dots.

(By my reckoning ZIOC are now obliged to report developments in order to keep shareholders informed of the value add of recent developments. Additionally, as part of the November restructuring of Jumelles, Elphick committed to search for funding through 2023 and that requires an update, and likewise their September 2022 comments on significant engagement on infrastructure alternatives).

DEAL

Zanaga to be bought in its entirety by a consortium. ZIOC will be very handsomely compensated for giving up the future potential of the deposit arising from; resource extension, grade improvements, and cold bonded pellet/briquette premiums.

FINANCE

Majority funded by Gulf SWFs and related entities: Saudi Arabia's PIF-Ma'aden, Abu Dhabi's ADQ and perhaps interest from Oman.

Other participants may include Glencore (probable), Mitsui and Kobe Steel, Baowu Steel and Itochu.

PORT

AD Ports (owned by ADQ) to build new mole port.

AD Ports and Vale to build new mineral port - (A new AD Ports and Vale JV to operate VLOCs into the Gulf).

INFRASTRUCTURE and MINE DEVELOPMENT

Vale 100%

The PIF-Ma'aden JV is going to buy into Vale - plus fund the necessary infrastructure of new rail lines and long distance conveyors.

OFF TAKE

3x green steel hubs in the Gulf, via the 3 green briquette plants that Vale are building.

Glencore

Mitsui

MAYOKO

Included in the development plans.

ANNOUNCEMENT

Within July, perhaps even next week.

COST

$4-6bn for in-country infrastructure mainly rail lines.

Zanaga $8-12bn