John L Hancock retweeted
Copper has just traded at a new all-time high of $14,744 per tonne on the LME... the second consecutive session of breaking its own record. In the US, the December COMEX contract is trading above $6.82/lb (equivalent to $15,035.53 per tonne). We are approaching a $7.00/lb copper price at an alarmingly fast rate.
Supply is getting harder to pull out of the ground. The lack of concentrate feed from our mines is directly impacting the refined market.
This week, spot treatment and refining charges (TC/RCs), which are what miners pay smelters and refiners to process their copper concentrates, fell to NEGATIVE $270/dmt & 27¢/lb.... Miners are being paid $270 for every dry metric tonne of concentrate they sell to be smelted... rather than the other way around. This is unprecedented... the smelters are starving!
bloomberg.com/news/articles/…
John L Hancock retweeted
Evy Hambro has been one of the world’s leading mining investors for over 30 years... and what he said today about the copper market on @BloombergTV is absolutely right... it is very, very tight.
Inventories are vanishing, mines are aging, grades are declining, and new supply takes decades to find, permit, develop, finance and then build.
At the same time, governments are now racing to secure and reshore strategic supply chains… and they are committing significant capital to make it happen.
bloomberg.com/news/videos/20…
RT @aee_auraenergy: Swedish Parliament votes to overturn uranium mining ban
On the 5th of November, the Parliament of Sweden 🇸🇪 voted to…
Well done ASX:RML, glad to have participated as a cornerstone investor at 5c, closing today at 9.2 looking 💪 Great to see small caps are back!! Resolution Minerals Ltd.
Exploration and junior investing is never easy, always high risk for possibility of high return. Last year I went in the SS1 seed raise at 10c (pre-IPO) and just backed again in 92c raise...well done to management @SunSilver_SS1 💪 🇺🇸/Silver/Antimony
Pass on to whom? Presumably not your employer, Hancock Prospecting as it’s none of its business. Or Teena are you personally employing lawyers to “pass on any defamatory comments”?
Much better than hard rock lithium mining! For the environment and on the cost curve. Go @VulcanEnergyRes
Vulcan has been awarded Dark Green status for its Green Financing Framework - the highest rating ever received by a Metals and Mining company globally by S&P Global Ratings!
The Framework highlights the Company’s sustainability credentials to international lenders as part of Phase One project financing 🍃
For the full announcement, see bit.ly/4e3StJm
#Sustainability #Innovation #Transparency #EnergyTransition #Decarbonisation #Lithium #EVs
News - Snow Australia snow.org.au/news/john-hancoc…
Fabulous milestone achieved…
Vulcan $VUL.AX has commenced commissioning at its Downstream Lithium Hydroxide Optimisation Plant (CLEOP) in Frankfurt-Hoechst.
👉 Read the ASX release here: bit.ly/3SHZnwd
👉 Latest corporate presentation: bit.ly/3SDZzwD
👉 Join us for a short tour of CLEOP here: bit.ly/3SFflXT
#Sustainability #RenewableEnergy #EVtransition #Decarbonisation #Energytransition #Mobilitytransition #Geothermalenergy #batteries #ElectricVehicles #Directlithiumextraction #CRMA
White Cliff names Lang Hancock’s grandson as strategic advisor mining.com.au/white-cliff-na…
Gina Rinehart lobbies NGA to remove portrait afr.com/rear-window/gina-rin… Feeling for you Ryan!
Warm welcome to all Aura Energy shareholders AEE:ASX ASX uranium boom lures secretive Canadian hedge fund afr.com/markets/equity-marke…
John L Hancock retweeted
$VUL.AX Start of production!
Vulcan’s first lithium chloride (LiCl) produced from Vulcan ‘s Lithium Extraction Optimisation Plant (LEOP).
Announcement: v-er.eu/announcements/
EQS-Ah-hoc:bit.ly/3VP0Fbd
#Delivering #FirstLiCl #ExecutionReady #ZEROCARBON #LITHIUM™ #Project #Energytransition #Mobilitytransition #Geothermalenergy #ERLG #SustainabilityLeadership #cleanenergyfuture #batteries #ElectricVehicles #RenewableEnergy #Directlithiumextraction
A proud day for all Vulcaneers! Vision to reality. Well done $VUL @VulcanEnergyRes
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