Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
What’s t/3 settlement date?
CHMX already have brine samples from GALAN
Phase 2
The process will seek to attract a well-respected partner in the lithium brine space, while locking in competitive terms and securing solid finance and funding options
27 posts and most negative says it all really
Erimore.
I take it from your comment you understand. Sorry if it was taken the wrong way
Obviously you haven’t read anything I’ve posted or read anything about the business. Bolivia have missed the step on lithium production. They need to relax and play catch up. China and Russia are already in the country and invested millions. So far have produced very little. They have the technology but just need the backing to speed things up. The country is desperate for money and investment to return capital for the country. Hence Clon really could be the answer. They could the form a company with the YLB and get all companies to use their DLE giving them more income
Https://www.globalcapital.com/globalmarkets/article/2cb1clk2qvn4xdo1huscg/emerging-markets/bolivia-running-out-of-cash-after-1bn-gold-sale
Bolivia short of cash. Deal’s will be struck fast. The company’s that don’t need a lot of on site work to develop DLE will succeed in this. Clon and Chmx don’t need big plants. The iTDE system is in 40’ container. The more they use the more lithium the produce, the quicker the income comes in. This is easily transported to remote locations without huge costs. Bolivia need to get ahead in the lithium production game. This will move and move fast.
There will be news coming. Clon already have MOU for some mid size salt flats. Possible finding to help spread things along and possibly other firms applying for other flats and looking for DLE to extract the lithium. Every company pushing for the greenest DLE. To suit the green advertising . Also petrobras looking to invest over $100billion in various projects. Some In Bolivia. Clon already JV on a gas project In Bolivia with this company
Representatives of at least 10 companies from Europe and diplomatic personnel from the European Union visited this Monday the Industrial Complex of Bolivian Lithium Deposits (YLB), in the municipality of Colcha "K" of Potosí, to evaluate business and investment opportunities.
The firms represent various segments of the lithium value chain, such as in the manufacture of batteries and sustainable technologies.
"This tour will allow European companies to obtain a detailed understanding of the operations and technologies used in lithium processing. And about the capacities and potentialities developed by YLB," said the Deputy Minister of Exploration and Exploitation of Energy Resources, Raúl Mayta; who accompanies the delegation.
The representation of the European Union managed before the Bolivian State the visit of companies, from different European countries, that are interested in investing and participating in the lithium production chain and the development of salt flats in Bolivia.
Read more: India enters the lithium industry in Bolivia, with an agreement for the development of battery materials
Lithium
The companies come from France, Germany, Sweden, Spain, the Netherlands, Ireland, among others. They recently expressed their interest in Bolivian lithium, the results of quantification and the area of research and innovation of the evaporitic resources developed by the state.
Mayta highlighted that the presence of European firms is a reflection of the growing importance that Bolivia acquires in the international lithium scene. And it demonstrates its potential for the expansion of the industry.
"There are important technology companies that come to offer different types of solutions to increase and improve what our lithium carbonate production is," he added.
Companies from Ireland 🤔
Could petrobras pay for the drilling In Bolivia for a cheaper deal on the use of the DLE . Also a potential JV partner in Ghana.
Clon already have a Jv with petrobras
The Clontarf interest in Monteagudo is 30%, with the operator Repsol owning 30% and Petrobas 20% and Andina-YPFB 20%.
Monteagudo is an old field producing gas and condensate since the 1960s. It is well located on a pipeline to Argentina. The attraction in Monteagudo is the deep target. The Huamampampa (Devonian) formation has a number of massive gas discoveries in the areas around Monteagudo. The probability of a large gas discovery is good. We have an agreement with the other partners to increase our stake to a majority. We will also look to become operator. Funding is proposed to be provided by our proposed new partners who will buy out the remaining interests. The agreement requires cabinet and parliamentary approval.
Highlighting Bolivia’s Lithium Potential
The investors’ visit underscores Bolivia’s escalating significance in the worldwide lithium market and its potential for industry expansion. The Ministry of Hydrocarbons and Energies has indicated that these companies seek to establish strategic connections and collaborations to encourage joint development in this pivotal sector.
Hargreaves’s lansdown. Clontarf Energy
The Company in Bolivia is engaged in commodity exports, including gas demand in Brazil & Argentina. It also holds stakes in two projects, El Dorado and Monteagudo (both on existing export pipelines).
Bolivia eyes lithium mining investment from Brazil's Petrobras
https://www.reuters.com/markets/commodities/bolivia-eyes-lithium-mining-investment-brazils-petrobras-2023-08-08/
Very interesting 🧐
It’s a big announcement
Bolivian lithium update due today or tomorrow. 😉
Https://x.com/nickmangwana/status/1727644039892111731?s=52&t=zuwyd0D_7az2Nr9qLdLSCg
In the last interview AP did at the end when asked about the diamonds. He was asked does he know the value. He replied yes and that it was enough to cover everything that was needed.
Does this mean the first part of the process has been completed. Cleaned and valued? Are the Zimbabwe government selling them for vast in Dubai as vast don’t have a mining licence to take the diamonds from Zimbabwe themselves?
But they are looking for another investor to speak. Could it be Vast?
If Zimbabwe want to ease the sanctions ( that the are continually protesting against). Is not to keep giving mining contracts an investment opportunities to China Russia. I think this is the hold up on the diamonds getting released and giving vast mining licenses. They want guarantees from the British government they will fight to get these sanctions reduced or removed