Jubilee Metals Share Discussion Threads

[deme1] 15/5/2020 18:35

Metals improving from China demand.

[gsg] 15/5/2020 18:33

Supply concerns continue to fuel chrome ore prices in China

UG2 chrome ore prices resumed their uptrend in the week to Monday May 11 with lingering concerns over intermittent supply from South Africa underpinning the market.

Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China rose to $152 per tonne on Monday, up by $5 per tonne (3.4%) from $147 per tonne on May 1.
The index had experienced a three-week rally since the beginning of April following the supply interruptions caused by South Africa’s Covid-19 related lockdown, before it was capped after China’s major stainless steel mills increased their ferro-chrome tender prices for May deliveries but by a lower-than-expected amount.

[aceshi] 15/5/2020 12:12

Plat put your mask on and get back in doors. Self inflicted irrelevance by endlessly defending your garbish "4p resistance point" "perfect storm" "onwards and upwards" "5p by Friday" and the shareholder value created by managements "good dilution" By the way what happened to that monkey on your back, Nelson?

[niloc4] 15/5/2020 11:10

Leon, after many years of waiting, when is DCM Platinum going to start? Colin said at the time that it was like money in the bank. That was said a few years ago. What's taking so long for platinum to start at DCM? For once tell the truth.

[texaschaser] 15/5/2020 08:33

JLP shooting own foot and others foot on LSE day after day. funny

[1madmarky] 15/5/2020 05:13

That would make sense. :-)

[plat hunter] 14/5/2020 22:14

"BAML sees platinum, palladium deficit this year as South Africa production losses bite"

[kennyp52] 14/5/2020 19:37

Nice post robers 👍

[lostabillion] 14/5/2020 18:03

Yes, thanks Robers.

[frogkid] 14/5/2020 17:10

Good couple of finds Robers , thank you

[texaschaser] 14/5/2020 17:08

Two muts do not make a mong

[frogkid] 14/5/2020 17:08

Theres that name Mitsubishi again.

[robers98] 14/5/2020 16:53

Ballard optimistic that fuel cell demand will rise

Ballard Power Systems, which develops proton exchange membrane (PEM) fuel cells that use a platinum catalyst as a key component, says mobility solutions have become a focus for the company, especially in the heavy-duty vehicle segment.

In an interview with the World Platinum Investment Council, Ballard marketing director Nicolas Pocard said the company’s mission was to accelerate fuel cell technology adoption
The company’s products are used in various markets, from heavy-duty automotive power to materials handling, back-up power, unmanned aerial vehicles and marine and rail applications.

“As we see it, fuel cell electric vehicle (FCEV) applications are currently best suited to high duty-cycle, high-usage fleets like buses, trucks, trains and, to some extent, maritime vessels.

“We are seeing real momentum here and our PEM products have now successfully powered around 3 000 FCEVs in commercial applications for more than 30-million kilometres on roads around the world,” notes Pocard.

Today, Ballard is able to provide a fuel cell power module for heavy-duty vehicles that is approaching the operation and performance maturity of the current internal combustion engine.

For example, fuel cell stacks in buses, deployed in central London for eight years, have demonstrated the ability to operate for more than 30 000 hours without degradation – the equivalent of 500 000 km.

“Durability and efficiency are vital to making FCEVs an affordable option for fleet owners. Platinum is the only proven catalyst for fuel cells that delivers on that front – we have not yet found anything else that matches the performance of platinum.

“Never say never, but replacing platinum with an alternative material is not in the offing,” says Pocard
Considering the cost of such fuel cells, Ballard drives total cost of ownership down by addressing running costs such as servicing and maintenance.

“Ballard’;s latest generation fuel cell module, which was launched last year, does just that. In fact, with the 8th-generation FCmove module, Ballard has achieved a 35% reduction in total life cycle cost. Driving down total cost of ownership is vital in the long run for FCEVs to really take off as a powertrain and reach scale,” Pocard points out.

The platinum loading on an 85 kW fuel cell module is around 75 g, or just over 2 oz. Pocard highlights that it is possible for 95% of the platinum on a module to be recycled when the time comes for the stack to be refurbished.

In asking Ballard about how it goes about measuring progress, Pocard states that the company looks at megawatts of power shipped as a key measure. In 2019, more than 100 MW of fuel cell products were shipped.

The company aims to raise this to 1 000 MW of power shipped, hopefully in the next three to five years.

However, Pocard says this will depend on market demand, which is thankfully building for a number of reasons, including the need to address climate change.
“The potential for the hydrogen economy to become a game changer in terms of decarbonisation of economies and reducing emission is firmly on the world’s agenda.”

[lostabillion] 14/5/2020 16:51

Hmmmm, if Jubes slides to 2.7ish I’ll be in for another 300k.

[robers98] 14/5/2020 16:49

Zambia copper miner fights $132m electricity bill

Vedanta Resources' Zambian unit, which is in provisional liquidation, is fighting to keep the lights on after a power company threatened to reduce supply because of a $132-million bill, according to court filings.

Konkola Copper Mines Plc, Zambia’s biggest single power user, on May 13 won an interim order from the High Court preventing Copperbelt Energy Corp. from curbing its electricity. KCM disputes the payment that CEC is demanding, and says power restrictions would cause irreparable damage to its facilities, according to an affidavit from the mining company

The case is the latest in a series of financial troubles at KCM, which the government placed under provisional liquidation a year ago, through a State-owned minority shareholder. It’s also not the first time that CEC has moved to restrict supplies because of non-payment; there was a similar dispute in 2014.

“KCM’s non-payment for power consumed has resulted in liquidity challenges for the CEC business and exposed the company to extensive liability,” it said in response to emailed questions.

[fozdad] 14/5/2020 16:46

It's quite an assumption that she ever had the plot!

[robers98] 14/5/2020 16:45

JOHANNESBURG (miningweekly.com) – The transitioning of a US power station from coal to renewable hydrogen is leading the way in a world urgently in need of meaningful action to combat climate change.

The ground-breaking transition by Intermountain Power Agency of Utah, is being facilitated by Mitsubishi Hitachi Power Systems, which has steam generator projects at Eskom’s new Medupi and Kusile coal-fired power stations.

Utah’s two-unit 1 900 MW coal-fired Intermountain power plant is operated by the Los Angeles Department of Water and Power, America’s largest municipal utility, which is overseeing the new clean, green advance that follows the announcement by Los Angeles mayor Eric Garcetti last year of a sustainable city plan that embraces 100% renewable power.

In a media release to Mining Weekly on Wednesday, Mitsubishi Hitachi Power Systems stated that the order secured from Intermountain Power Agency is for the first advanced-class gas turbines designed to transition from coal to renewable hydrogen fuel and that the company had also been assigned to convert the Magnum Vattenfall 440 MW power plant in the Netherlands to 100% hydrogen by 2025.
At Intermountain, from 2025 electricity is scheduled to be generated from a mix of 30% hydrogen and 70% natural gas, and phasing up to 100% hydrogen power by 2045. The initial hydrogen and natural gas fuel mix to mid-2020 will reduce carbon emissions by 75%. Then,to meet California law, from 2025 onwards, the hydrogen capability would be systematically increased to 100% renewable hydrogen, enabling carbon-free utility-scale power generation.

Mitsubishi Hitachi Power Systems added in the release that it was now focused on bringing similar decarbonisation solutions to Africa and the Middle East.

[plat hunter] 14/5/2020 16:41

"What a mut"7 minutes later"I'm still buying though"

[plat hunter] 14/5/2020 16:34

The only thing he's got a million of is 'hundreds and thousands' tucked away behind the 7 year old jar or cuminAs anyone actually reconciled his claims of topping up, selling and buying back? He's lost the plot.

[deme1] 14/5/2020 16:30

fozdad14 May '20 - 16:25 - 22112 of 22112
0 1 0
Strange that Deme's 1 million order hasn't gone through :-)

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Still waiting to be filled. Don't worryvi have not cancelled it. Maybe my order is all that is stopping us going lower ;)