Member Info for ChameleonMan

I think this article pretty much sums it up for me. So much easier to strike a supply deal with a U.S. miner than convince the local residents to accept a mine in their back garden? SAV may become the model project that proves the doubters wrong if it’s given the chance but it faces headwinds.
“At a think tank held last year organised by Ghent University, Prof Dr Jonathan Hol****, a lecturer on international politics at the Free University Brussels warned that there is a huge gulf between China’s economic nationalism and determination to control the global raw materials supply chain and the EU’s lukewarm attitude to supporting its own raw materials industry.”
“But while EU governments largely accept the need for greater raw materials self sufficiency, within the European population at large there is substantial apathy, if not downright hostility, towards the metals resource industry. Serbia, the Czech Republic, Spain and Portugal host world class lithium deposits, but there is considerable opposition to their development.”
https://www.mining-technology.com/features/european-mining-rare-earths/

Great for them. The grants in Portugal seem to favour fishing if anything? https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7718
Redevelopment at the Matsoshinos oil refinery is typically “woolly”. No lithium refinery mentioned.

I see Kodal is holding on to its 2x price gain after attracting major investment for its lithium project in Mali. Encouraging that there is still development funding around even if it comes from the Chinese.

I guess we go back to the previous position of mentally writing off what remains in Moz?

I’m flattered that my musings should result in such a comprehensive analysis. Well done that man!

You and me both! Couldn’t resist the dip!

For the community it appears to be “second time around” albeit some time ago. At least they inherited a museum, which as far as I can see, hasn’t been vandalised.

The Portuguese media seem happy to jump on this water use figure as gospel for the whole industry. https://www.theportugalnews.com/news/2023-01-23/the-exploitation-of-portugals-mineral-resources/74085
I hope SAV’s PR person is contacting editors to communicate our net zero numbers?

Good news on that it seems? From the SAV website: “Water usage: Project to be self-sufficient through on-site water harvesting and storage, & wastewater recycling”.

https://www.portugalresident.com/montalegre-prepares-for-new-lithium-protests/
How does our water consumption compare I wonder?

Would be even better if that pool of interested investors could see that the EU were giving as much support as the US is currently giving.

Ah yes, it’s the report from the first phase which will be included in the EIA application this month.

Overall encouraging but as CIG are still gathering data before writing a report to be included with the revised EIA application I can’t see early completion in Q1 as some had hoped?

“ The diagrams in the proposal show an upstream tailings dam, which as I have said, is illegal in four Latin American countries.” Wonder which lithium mine in Barosso Emerman was referring to in his evidence to the EU?

Rather conservative I would have thought?

It’s not just the residents - Steven Emerman really did a number on our proposed tailings facility to the EU parliament hearing some time ago. Hopefully any issues he raised have been resolved in the revised plan. https://www.europarl.europa.eu/cmsdata/243324/Hearing%2002.12.2021%20testimony%20Emerman.pdf

We get a mention as a prime example. https://www.euractiv.com/section/energy-environment/news/local-resistance-a-major-stumbling-block-for-eus-critical-raw-materials-plan/

Major Tom, you give a whole new depth to “risk-averse”! I sometimes wonder who, from the retail side, is still to buy as so much evidence of deal completion is available. It’s good to know that you and maybe many others are still sitting on their hands until the deal is in black and white, at which point of course, buying pressure will be intense.

After gushing princes and dodgy rocket launches we may now have to witness the death throes of British Volt. https://amp.theguardian.com/business/nils-pratley-on-finance/2023/jan/11/northvolt-v-britishvolt-clarity-v-confusion-in-the-great-electric-car-battery-race
There should surely be a law against calling start-ups British anything to avoid the national shame on failure? Luckily our eggs seem to be in the Northvolt basket - a shining example of first mover advantage and how to attract the big bucks.

They are way ahead of you IB!
https://www.jcb.com/en-gb/campaigns/etech-range