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Timb89

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01/02/24

14:40

Post #: 72186025
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Originally posted by tolate: ↑

More news on the CHINESE efforts in AFRICA..!!

BYD, the Chinese giant of electric vehicles and batteries, sets up in Rwanda and negotiates 6 lithium mines in Africa.
January 31, 2024 Kiki KiengeBy Kiki Kienge

After South Africa, Kenya and Rwanda, the Chinese Build Your Dream (BYD), one of the world's largest manufacturers of electric vehicles, announced its expansion in Rwanda in its conquest of the market in African countries. ballast.
The Chinese company made its choice to establish itself in these countries of Southern Africa, following the desire of the authorities for sustainable development and a good economic atmosphere and their performance in the fight against corruption.

BasiGo, one of the electric public transport services that uses BYD buses, set up in Africa in July 2023, has also expanded its network in Rwanda to address the fleet shortage in the country, notably in partnership with a car manufacturer, Associated Vehicle Assemblers (AVA), to assemble buses in Mombasa, Kenya.Build

"""Your Dreams is notably in the process of concluding agreements to purchase six lithium mines in Africa for the manufacture of its lithium-ion batteries."""

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How much should the chinese pay AVZ for their 650Mt in RD?

As a "holder" let's see you squirm your way out of this question.

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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Running discussion on SP, page-80884

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