Gents - Rio has talked about Jadar (“ya-dar”) since 2014/15, it’s been on the ice for the past two years and not a single slide in any investor preso for those two years. Companies like Rio, will double the CapEx by the time this project if ever comes to the market & make some EPCM company triple its value! When iron ore prices cool down a bit, wonder where the cash comes for these projects and all the asset decarb work they are talking about (I guess the best way to describe it is - sell iron ore to China, contribute to 8% global emissions from steel production = take the cash and partially put to lithium and asset decarb and try to reduce 2-3% carbon emissions- formula works very well!) Europe is a very unique case; EU loves the “green” decarbonised clean world but only issue is all the minerals needs to come from somewhere else, not from their beautiful backyards where they love to preserve their ski fields. Let some other poor region do the “dirty” mining and send the goods to EU to ride their EVs! Hypocrisy at its best. I would not hold my breath on this project Jadar!
Great call out Deterra as you have pointed out this gravy train on several previous occasions it is a basket case. Then for Geoff Wilson to call out the behaviour is priceless. Please tell me the gross and nett income and expenses of WAM. Bet you cannot find it as I sure cannot. Only gross returns marketed.
Youse GC's are effing GC's ! Great show tonight & holy snapping duckshit, can't wait until the Mullet edition tomoz. But Matt, it coulda woulda shoulda been Mullet Monday. Can't call you a pelican though, you're an effing GC ! 😅
Great show. Don’t forget in addition to China’s massive nuclear buildout, that during cop24, 30 countries committed to tripling nuclear energy including United States, Armenia, Bulgaria, Canada, Croatia, Czech Republic, Finland, France, Ghana, Hungary, Jamaica, Japan, Republic of Korea, Moldova, Mongolia, Morocco, Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, United Arab Emirates, and United Kingdom.
Li miners are down because EVs were oversold. ICEs are going to be around for a lot longer than was predicted, and hybrids are looking to be more popular than pure EVs.
Simple the lithium mining is future looking and EV future is not looking good at all. Tariffs for EU and US. Early adopters being saturated for EVs the depreciation and insurance for EV terrible they are pretty much bugger all resale value and recharging a serious pain in the bum. Terrible charging infrastructure. All the problems are starting to come to light.
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
u guys are great thanks for the explanation of DRR
475 million on a study 😂 that sounds like the Australian government..
You managed to get through an entire podcast without banging on Boss energy, well done
Outstanding lads
Great summary on DRR.
Great presentation thank 3
Gents - Rio has talked about Jadar (“ya-dar”) since 2014/15, it’s been on the ice for the past two years and not a single slide in any investor preso for those two years.
Companies like Rio, will double the CapEx by the time this project if ever comes to the market & make some EPCM company triple its value! When iron ore prices cool down a bit, wonder where the cash comes for these projects and all the asset decarb work they are talking about (I guess the best way to describe it is - sell iron ore to China, contribute to 8% global emissions from steel production = take the cash and partially put to lithium and asset decarb and try to reduce 2-3% carbon emissions- formula works very well!)
Europe is a very unique case; EU loves the “green” decarbonised clean world but only issue is all the minerals needs to come from somewhere else, not from their beautiful backyards where they love to preserve their ski fields. Let some other poor region do the “dirty” mining and send the goods to EU to ride their EVs! Hypocrisy at its best.
I would not hold my breath on this project Jadar!
Totally agree. The capex and complexity is too high. Rio don't know how to let this one die.
Great call out Deterra as you have pointed out this gravy train on several previous occasions it is a basket case. Then for Geoff Wilson to call out the behaviour is priceless. Please tell me the gross and nett income and expenses of WAM. Bet you cannot find it as I sure cannot. Only gross returns marketed.
BHP is the biggest uranium producer in the world from Olympic Dam and its just a by product.
Cigar Lake and Macarthur River pump out more yellow cake as individual operations compared to Olympic Dam
Correct, and the Kazaks, and others
Youse GC's are effing GC's !
Great show tonight & holy snapping duckshit, can't wait until the Mullet edition tomoz. But Matt, it coulda woulda shoulda been Mullet Monday. Can't call you a pelican though, you're an effing GC ! 😅
Cobba I reckon I'm gonna sit sideways the whole episode tomoz
Great show. Don’t forget in addition to China’s massive nuclear buildout, that during cop24, 30 countries committed to tripling nuclear energy including United States, Armenia, Bulgaria, Canada, Croatia, Czech Republic, Finland, France, Ghana, Hungary, Jamaica, Japan, Republic of Korea, Moldova, Mongolia, Morocco, Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, United Arab Emirates, and United Kingdom.
Li miners are down because EVs were oversold. ICEs are going to be around for a lot longer than was predicted, and hybrids are looking to be more popular than pure EVs.
The best EV is the “dual purpose “ BYD which doubles up as a crematorium
Rriigghhttoo money miners!
Shall we strip out the costs? Yeah, nah 🤣
China, Japan, Philippines, Taiwan, Vietnam... they all get their carbs (coal and grains) via the South China Sea.
Big opportunities in Africa gents sovereign risk over exaggeration in a lot of safe duristrictions
Hahaha out of context my previous comment is very strange. But it was about the sponsor advert Get Wet!!! 😅😅
Can we have a mullet review please Matthew?
Cobba I'll do a side view for ya tomoz
Is Jimmy Carr Tav's dad?
That a suspiciously familiar laugh... lol
I WAS A VERY UNHAPPY SHAREHOLDER OF DETTERA. NOW IAM A FUMING SHAREHOLDER
Matt for Energy Minister
DRRty
Everyone who wants an EV has an EV.
Lithium market and battery/ESG stocks are in a bubble
Simple the lithium mining is future looking and EV future is not looking good at all. Tariffs for EU and US. Early adopters being saturated for EVs the depreciation and insurance for EV terrible they are pretty much bugger all resale value and recharging a serious pain in the bum. Terrible charging infrastructure. All the problems are starting to come to light.