RE: A bit of Burundi research11 Sep 2022 11:43
Here's my vision of a Burundian mining Rare Earths mining future:
RBW are stripped of its licence, which is then awarded to a Chinese firm. The Chinese Communist Party then arranges massive loans to the Burundian Government for the installation of Rare Earths processing plant and required infrastructure - with a significant percentage of the money being devoured by social elite "eaters". Then the Chinese CCP take over the mine, processing plant, and all infrastructure when Burundi fails to repay the loan.
Methinks that we are in the midst of a global mineral resource world war, which we in the West are currently losing, with the Ukraine war is used as a smokescreen for the transfer of Russia's, and Iran's, mineral resources to China, and India.
Let's just hope that the Chinese Loan Facility allows for generous compensation to RBW for the loss of the mine!
GLA