Amur Minerals Share Discussion Threads

[russian turnip farmer] 21/8/2019 16:35

Cartel members and rampers already exposed are, Duxy786. Bwana. QQR. Leechang. Mad Crazytowner. Showercubicle. Tad. Nolosstillsell. Inaminute. Patio58. F1oydymag1c. Gizmohican. Please add to list as necessary

[gizmohican] 21/8/2019 16:08

BHP Group and Western Areas forecast big future for nickel as price continues climbing
By Lorna Nicholas - August 21, 2019
Western Areas ASX WSA BHP nickel price rise low stockpiles
Miners such as BHP and Western Areas are poised to take advantage of the mounting demand for nickel.

Despite global economic headwinds and the ongoing trade war, nickel’s price has continued climbing in recent weeks with nickel producers BHP Group (ASX: BHP) and Western Areas (ASX: WSA) both forecasting a positive future for the commodity in their latest updates.

Nickel pushed past US$7 per pound (US$16,000/t) this month reaching US$7.30/lb (US$16,090/t) last Friday as stockpiles on the London Metal Exchange continue eroding.

Nickel price chart BHP Western Areas ASX WSA
The nickel price has surpassed its 12 month high.
Nickel’s stockpile at the LME has remained under 150,000t since late July – slipping to 141,906t earlier this month, before rebounding slightly to reach 149,640t on Tuesday.

Jervois Mining (ASX: JRV) executive general manager Michael Rodriguez told Small Caps the stockpile figure represented less than two months’ worth of nickel supplies.

Analysts and miners have been predicting nickel’s resurgence for the last two years, but the comeback has been stunted by the ongoing trade war between US President Donald Trump and China’s President Xi Jinping, which heated up mid-last year and remains volatile.

However, global uncertainty hasn’t been able to keep the nickel market subdued endlessly, with underlying fundamentals remaining strong – driven by continuing growth in the metal’s primary end-market stainless steel.

In addition to stainless steel, a new market for nickel is emerging in the lithium-ion battery space, which is surging on the back of global electric vehicle demand.

Nickel is a critical element in the nickel, manganese, cobalt (NMC) cathode formula for lithium-ion batteries used in electric vehicles.

Each electric vehicle with an NMC lithium-ion battery requires about 50kg of nickel.

Stainless steel and batteries vie for nickel
Mining behemoth BHP’s vice president of market analysis and economics Dr Huw McKay said although stainless steel would continue to be the metal’s primary end-use for many years, he envisages a future where batteries and stainless steel become “equally important” nickel consumers.

He said nickel’s future in this sector will be dependent on several factors including how fast EVs can penetrate the auto fleet, the mix of battery chemistries that will eventually power these vehicles and the cost of converting nickel laterite into a battery grade nickel product.

Looking ahead, Mr McKay noted BHP’s lowest plausible scenario was that by 2035 EVs will make up 7% of light vehicles on the road, with this anticipated to expand to 27% by 2050.

Putting a number on these percentages – the company expects to see 132 million EVs on the world’s roads by 2035 and 561 million in 2050.

Nickel electric vehicle EVs BHP forecast
BHP forecasts 1.6 billion EVs could be on the world’s roads by 2050.
In a more bullish forecast, Mr McKay said the world’s EV fleet could surpass 700 million by 2035 – rising to 1.6 billion by 2050.

Driving the rise of EVs is an ongoing decline in average battery costs with Bloomberg New Energy Finance estimating a full battery pack now costs less than $180 per KWh – down from $290/kWh only two years ago.

When looking at the main battery chemistry that will power these vehicles, Mr McKay pointed out “no battery is perfect” and there would be “trade-offs221; with any battery chemistry that is selected.

However, he noted nickel rich chemistries “present the best opportunity to achieve the positive performance” that is required at an “acceptable cost” and manageable weakness.

“We expect the NMC 8-1-1 to be the workhorse technology of the EV future.”

With nickel demand currently about 2Mtpa, this is expected to grow to around 6Mtpa by 2035. Batteries are forecast to account for almost half that need.

To take advantage of this expected growth, BHP is looking to boost its nickel sulphide resources.

Compared to nickel laterite deposits, nickel sulphide resources are less costly to process into battery grade nickel.

Western Areas receives increasing interest from lithium-ion battery market
In today’s full year results presentation, Western Areas managing director and chief executive officer Dan Lougher revealed the company had received a “significant increase” in offtake enquiries for its nickel sulphide concentrate.

He said the company’s existing offtake contracts with BHP Nickel West and China’s largest steel producer Tsingshan are due to expire early next year.

Although stainless steel is expected to remain nickel’s primary market for many years, Mr Lougher noted the higher interest in the company’s products was arising primarily from the lithium-ion battery sector.

Dry pipeline and vying markets
As nickel’s primary market in stainless steel continues to strengthen and NMC lithium-ion batteries are installed in even more electric vehicles, manufacturers and investors are increasingly looking at available nickel supply.

This poses a problem with little investment made in discovering and advancing nickel projects over the past decade – resulting in the nickel market slipping into a deficit in 2016.

As demand intensifies this deficit is anticipated to continue through to at least 2025.

Even with the nickel price rising in recent weeks, Mr Lougher said it was still too low to incentivise new projects and mines.

[qui quaerit reperit] 21/8/2019 16:05

nickiegaul, hope the below answer your question:PROJECT «KUN-MANYEFULL NAMEKun-Manye mining and processing plant* INVESTMENT REQUIRED - 0rub.* INVESTMENTS SUM - 66bn rub.PROJECT STATESurvey and assessment activities completed, the feasibility study of temporary conditions approved, mineral reserves booked, technological studies of ores and concentrates conducted, pre-feasibility study, in-house Opex, Capex, Cash Flows, TSF FEED, Open pit preliminary design prepared.https://investmap.erdc.ru/app/project/12614

[russian turnip farmer] 21/8/2019 15:26

Cartel members and rampers already exposed are, Duxy786. Bwana. QQR. Leechang. Mad Crazytowner. Showercubicle. Tad. Nolosstillsell. Inaminute. Patio58. f1oydymag1c. Please add to list as necessary

[russian turnip farmer] 21/8/2019 15:22

they'll be getting the frozen chocolate brick road

[jrewing3] 21/8/2019 12:25

Cartel dreaming of a yellow brick road.

Lol

[qui quaerit reperit] 21/8/2019 12:25

You very welcome guys:)

[callmebwana] 21/8/2019 11:16

Nicki,I hope the two posts above explain why I think AMC will get the road funding in September.
I did not have a private phone call with Putin,or have a dream. It is called DYOR !!

Tad. Many thanks for the above posts :0)

[inaminute] 21/8/2019 11:08

We've said it before, Putin gets what Putin demands. After the meetings with the Chinese he'll lose face if the region wasn't developed and trade expanded. Wouldn't want to be a regional head telling him it won't be.Many thanks for the updates, much appreciated.

[qui quaerit reperit] 21/8/2019 10:51

Document Overview August 20, 2019 Decree of the Government of the Russian Federation of July 19, 2019 No. 936 "On Amending Clause 2 of Resolution of the Government of the Russian Federation of May 31, 2012 N 534" The Government of the Russian Federation decides: 1. Clause 2 of the Decree of the Government of the Russian Federation dated May 31, 2012 N 534 "Matters of the Ministry of the Russian Federation on the Development of the Far East and the Arctic" (Collected Legislation of the Russian Federation, 2012, N 23, Art. 3028; N 37, Art. 5001; 2014, N 15, Article 1750) shall be stated as follows: "2. Allow the Ministry of the Russian Federation for the Development of the Far East and the Arctic to have 5 deputy ministers, including one first deputy minister and one state secretary - deputy minister, as well as up to 9 departments in the main areas of activity of the Ministry." 2. Financial support for expenditure obligations related to the implementation of this resolution is carried out within the limit established by the Government of the Russian Federation for the number of employees of the central apparatus of the Ministry of the Russian Federation for the development of the Far East and the Arctic, as well as budget allocations provided for by the specified Ministry in the federal budget for management and administration in the field of established functions. Prime Minister Russian Federation D. Medvedev Document Overview The Government of the Russian Federation increased the number of departments of the Ministry for the Development of the Russian Far East in the main areas of activity of the Ministry

[seewhatimean] 21/8/2019 09:11

Whatever gets you through the day Uzbecki Carrot Farmer.

Bless.

[nickiegaul] 21/8/2019 08:59

Where did you get the information that AMC we're getting road funding in September

[russian turnip farmer] 21/8/2019 08:20

open the bottle.....close the bottle.

[russian turnip farmer] 21/8/2019 08:17

it's difficult to tell a Duxy alias but not so with QQR, he's a give away, what with his repetitive unreadable nosh >SWIM, or his usual disguise as a bottle of Wodka

[seewhatimean] 21/8/2019 08:12

HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HA HA HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[seewhatimean] 21/8/2019 08:12

How is Terd doing??????????????????

[jrewing3] 21/8/2019 08:05

Best ignored. He is probably another duxy alias and main pumper and dumper

[russian turnip farmer] 21/8/2019 07:56

crazyvillage....................................................................................Your originality knows no bounds..how do you think such witty and
incisive comments up?

A true comedy genius!!!

[crazytowner] 20/8/2019 20:26

The 70,588 earlier was me.Incredible to be able to purchase at this price.The silence remains defeaning, I'm in an going to be fully loaded when it breaks

[seewhatimean] 20/8/2019 17:36

SO FUNNY!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[seewhatimean] 20/8/2019 17:36

Terd had yet another storming day!!!!!!!!!!!!!

PMSL!!!!!!!!!!!!!!!!!!!!!!

[qui quaerit reperit] 20/8/2019 16:57

At the WEF-2019, the Ministry of Eastern Development will present new initiatives for the development of the Far East Forbes agenda Forbes agenda Forbes Contributor The Ministry of the Russian Federation for the Development of the Far East and the Arctic at the V Eastern Economic Forum, which will be held in Vladivostok on September 4–6, will present plans for the development of the region until 2035 By decision of the head of the department, Alexander Kozlov, a single exposition of the Ministry and all development institutions of the Far East will be formed at the WEF exhibition. "The Forum will present the results of the new economic policy, as well as plans and a further vision for the development of the Far East for 2025–2035. More than a dozen services for investors, as well as a presentation area of ??the industries of the Far Eastern regions with an assessment of their investment potential, will be presented to visitors at a single platform, "said Alexander Krutikov, Deputy Minister of the Russian Federation for Development of the Far East and the Arctic. The Forum participants will be presented 15 basic services for investors, which are provided by the development institutions of the Far East. Among them: the selection of optimal measures of state support, obtaining a plot of water for mariculture, an affordable loan for small and medium-sized businesses, obtaining an electronic visa to the Far East and others. New initiatives will also be presented - a mortgage for the Far East at 2%, a digital service for forest resources, an inventory of agricultural land in the Far Eastern Federal District. "For the regions of the Far Eastern Federal District and our partners, we traditionally organize a presentation zone for speeches by heads of entities and a separate zone for signing agreements. We took into account the wishes of the regions according to the results of the last WEF and made it more and more convenient. The program of the presentation zone includes speeches by representatives of the development institutions of the Far East, heads of regions, "said Svetlana Balova, Deputy Director General of the Agency for the Promotion of Investments and Export Support of the Far East ANO. For the first time, the exhibition will run its own television studio "Far East live", which will feature stories on the economic development of the Far East, social initiatives and projects on a single subsidy, as well as interviews with WEF participants: investors, representatives of federal and regional authorities. At the exposition it will be possible to get acquainted with success stories of investors, platforms for implementing projects, as well as with the general potential of key sectors of the Far East. Eight federal executive bodies will be represented at the WEF-2019 exhibition: Ministry of Industry and Trade, Ministry of Transport, Rospotrebnadzor, Ministry of Natural Resources, Ministry of Agriculture, Ministry of Health, Federal Agency for Fisheries, Rostourism, as well as the Kemerovo Region and the Prosecutor General of Russia.