JRV 5.88% 1.8¢ jervois global limited

The US wants a ‘friendly’ entity to take control of some copper...

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    The US wants a ‘friendly’ entity to take control of some copper and cobalt supply in the DRC. Mercuria is in ongoing conversations.

    The situation has been complicated by a US sanctioned Israeli billionaire’s royalty entitlement. The UK have been complicit in untangling that kink, in order to progress the possibility of a change of ownership.

    The link to JRV being Mercuria and I was wondering if JRV could get involved in a transaction/processing role in some way.

    I feel that the fact the US are prepared to lose face in reversing the sanction, for strategic reasons, shows how desperate they are to secure supply ahead of China.
    Last edited by BDR70: Today, 18:53
 
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