"This is huge news for Rockfire and the Molaoi project in Greece. With the banning of exports of germanium from China, this is likely to put drastic pressure on supply chains globally. Up until a few days ago, China supplied more than 60% of the world's germanium raw product. This ban may well impact prices, potentially increasing the price of germanium well beyond its current price of US$ 4,073/kg (US$ 4.06 million/tonne)."
RE: Wow 4.8m Germanium, per tonne is £4mWow 4.8m Germanium, per tonne is £4m10 Dec 2024 12:02
China banned shipments of gallium, germanium, antimony, and so-called superhard materials to the United States due to their “dual military and civilian uses.” The export of graphite will now also be subject to greater scrutiny.
LONDON - United Oil & Gas PLC (AIM:UOG), an oil and gas company with operations spanning from Jamaica to the United Kingdom (TADAWUL:4280), has confirmed the receipt of a payment totaling USD $591,595 from the Egyptian General Petroleum Corporation (EGPC). The transaction, received as expected, pertains to receivables for the company's activities in Egypt. United Oil & Gas also noted that discussions are ongoing with EGPC to settle a minor outstanding balance.
The payment from EGPC comes as a part of the routine financial exchanges between the corporation and its partners. United Oil & Gas has a diverse portfolio, including a high-impact exploration asset in Jamaica and a development asset in the UK. The company's leadership, with a proven track record in the industry, focuses on optimizing its portfolio and pursuing targeted acquisitions for growth.
The management team at United Oil & Gas is committed to steering the company through the complexities of the global oil and gas market, as they maintain partnerships with established industry players. The company's strategic approach is aimed at delivering future growth and enhancing shareholder value.
The receipt of funds from EGPC is a regular financial operation that reflects the ongoing business relationships and contractual agreements within the oil and gas sector. It is important to note that this news is based on a press release statement from United Oil & Gas and does not imply any assessment of the company's market position or future performance.
When was illegal ,,,,,,many times i find the forward selling even before the placing announcement .i bought twice in here today just in case this start rising with buying pressure .but i let you know when this will rise