DOCSLIB.ORG

Jinchuan Golden Ocean Capital Limited (The "Issuer") (Incorporated in Hong Kong with Limited Liability)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Jinchuan Golden Ocean Capital Limited (The Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities or an invitation to enter into any agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities. This announcement and the listing document referred to herein have been published for information purposes only as required by the Listing Rules and do not constitute an offer to sell nor a solicitation of an offer to buy any securities. Neither this announcement nor anything referred to herein (including the listing document) forms the basis for any contract or commitment whatsoever. For the avoidance of doubt, the publication of this announcement and the listing document referred to herein shall not be deemed to be an offer of securities made pursuant to a prospectus issued by or on behalf of the issuer for the purposes of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) of Hong Kong nor shall it constitute an advertisement, invitation or document containing an invitation to the public to enter into or offer to enter into an agreement to acquire, dispose of, subscribe for or underwrite securities for the purposes of the Securities and Futures Ordinance (Cap. 571) of Hong Kong. The material contained in this announcement is not for distribution or circulation, directly or indirectly, in or into the United States. This announcement is solely for the purpose of reference and does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the securities offer are being offered and sold only outside the United States in offshore transaction in compliance with Regulation S under the Securities Act. Notice to Hong Kong investors: The Issuer and the Guarantor confirm that with respect to the Hong Kong market, the Bonds are intended for purchase by professional investors only (as defined in Chapter 37 of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange) and have been listed on the Hong Kong Stock Exchange on that basis. Accordingly, each the Issuer and the Guarantor confirm that the Bonds are not appropriate as an investment for retail investors in Hong Kong. Investors should carefully consider the risks involved. Jinchuan Golden Ocean Capital Limited (the "Issuer") (incorporated in Hong Kong with limited liability) U.S.$280,000,000 4.0 per cent. Guaranteed Bonds due 2024 (the "Bonds") (Stock Code: 40597) unconditionally and irrevocably guaranteed by Jinchuan Group Co., Ltd. (the "Guarantor") (incorporated in the People’s Republic of China with limited liability) This announcement is issued pursuant to Rule 37.39A of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). Please refer to the offering circular dated 4 February 2021 (the "Offering Circular") appended hereto in relation to the Bonds. As disclosed in the Offering Circular, the Bonds to be issued will be intended for purchase by professional investors only (as defined in Chapter 37 of the Listing Rules) and will be listed on the Hong Kong Stock Exchange on that basis. The Offering Circular does not constitute a prospectus, notice, circular, brochure or advertisement offering to sell any securities to the public in any jurisdiction, nor is it an invitation to the public to make offers to subscribe for or purchase any securities, nor is it circulated to invite offers by the public to subscribe for or purchase any securities. 11 February 2021 As at the date of this announcement, the directors of the Issuer are Mr. GAO Tianpeng, Mr. WANG Jinxing and Mr. WANG Guohu. As at the date of this announcement, the directors of the Guarantor are Mr. WANG Yongqian, Mr. XIU Jun, Mr. LI Shangyong, Mr. ZHANG Sanlin, Mr. SHI Guomin, Mr. ZHANG Xiaolei, Mr. LIU Wanxiang, Mr. CUI Siming, Mr. ZHAO Zhongwei, Mr. MA Yongyi and Mr. ZHAO Qinghua. IMPORTANT NOTICE NOT FOR DISTRIBUTION IN THE UNITED STATES. IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the offering circular (the “Offering Circular”) attached to this e-mail. You are advised to read this disclaimer carefully before accessing, reading or making any other use of the Offering Circular. In accessing the Offering Circular, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information as a result of such access. You acknowledge that the access to the Offering Circular is intended for use by you only and you agree you will not forward or otherwise provide access to any other person. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES AND THE GUARANTEE THEREOF DESCRIBED THEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION AND THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. THIS OFFERING IS MADE SOLELY IN OFFSHORE TRANSACTIONS PURSUANT TO REGULATION S UNDER THE SECURITIES ACT. THE OFFERING CIRCULAR MAY NOT BE FORWARDED OR DISTRIBUTED TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER AND, IN PARTICULAR, MAY NOT BE FORWARDED TO ANY ADDRESS IN THE UNITED STATES. ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THE OFFERING CIRCULAR IN WHOLE OR IN PART IS UNAUTHORISED. FAILURE TO COMPLY WITH THIS DIRECTIVE MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. Singapore Securities and Futures Act Product Classification – Solely for the purposes of its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of the Securities and Futures Act (Chapter 289 of Singapore), as modified or amended from time to time (the “SFA”), the Issuer has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the securities described therein are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018). Confirmation of Your Representation: You have accessed the attached document on the basis that you have confirmed to Jinchuan Golden Ocean Capital Limited (金川金海資本有限公司) (the “Issuer”), Jinchuan Group Co., Ltd. (金川集團股份有限公司) (the “Guarantor”) and Morgan Stanley & Co. International plc, BOCOM International Securities Limited, BNP Paribas, CCB International Capital Limited, China Minsheng Banking Corp., Ltd., Hong Kong Branch, China Securities (International) Corporate Finance Company Limited, CNCB (Hong Kong) Capital Limited, Industrial Bank Co., Ltd., Hong Kong Branch, Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, SPDB International Capital Limited, Standard Chartered Bank and Zhongtai International Securities Limited (together, the “Joint Lead Managers”) that (1) you and any customers you represent are not in the United States, (2) the e-mail address that you gave us and to which this e-mail has been delivered is not located in the United States, and (3) you consent to delivery of this document by electronic transmission, and (4) to the extent you purchase the securities described in the attached document, you will be doing so in an offshore transaction as defined in Regulation S under the Securities Act in compliance with Regulation S thereunder. The Offering Circular has been made available to you in electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of transmission and consequently none of the Joint Lead Managers or any of their respective affiliates, directors, officers, employees, representatives, agents and each person who controls any of them or we accept any liability or responsibility whatsoever in respect of any such alteration or change to the Offering Circular distributed to you in electronic format or any difference between the Offering Circular distributed to you in electronic format and the hard copy version. Restrictions: Nothing in this electronic transmission constitutes, and may not be used in connection with, an offer or an invitation by or on behalf of any of the Joint Lead Managers or us to subscribe for or purchase any of the securities described therein in any place where offers or solicitations are not permitted by law, and access has been limited so that it shall not constitute in the United States or elsewhere directed selling efforts (within the meaning of Regulation S under the Securities Act). If a jurisdiction requires that the offering be made by a licensed broker or dealer and any Joint Lead Manager or any affiliate or a Joint Lead Manager is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by that Joint Lead Manager or such affiliate on behalf of us in such jurisdiction.
Load more

Recommended publications
  • Conflict Minerals Report for 2019, We Have Completed Our Analysis of The
    Conflict Minerals Report For 2019, we have completed our analysis of the suppliers for Amazon electronic devices, fashion and apparel, and other consumer products that fall within the scope of the applicable rules (collectively, in-scope products). A majority of these suppliers certified that they: did not use gold, tin, tungsten, or tantalum in parts or components for our in-scope products; did not source these minerals from the Democratic Republic of the Congo or an adjoining country, referred to as the DRC region; or sourced these minerals from a smelter or refiner that complies with a responsible mineral sourcing validation program such as the Responsible Minerals Assurance Process. The remaining suppliers are still completing investigations of their supply chains. As discussed in the Conclusion, for 2019, we identified no suppliers that were sourcing minerals through a supply chain that benefitted armed groups in the DRC region. Pursuant to the Securities and Exchange Commission’s conflict minerals rules, we designed our due diligence on the source and chain of custody of the gold, tin, tungsten, and tantalum in our in-scope products in accordance with the OECD’s Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Third Edition, and the related Supplements on Tin, Tantalum and Tungsten and on Gold. We undertook the steps described below as part of our due diligence process: Establish strong company management systems We are committed to avoiding the use of minerals that have fueled conflict, and we expect our suppliers to support our efforts to identify the origin of gold, tin, tungsten, and tantalum used in products that we manufacture or contract to manufacture.
    [Show full text]
  • The Mineral Industry of China in 2016
    2016 Minerals Yearbook CHINA [ADVANCE RELEASE] U.S. Department of the Interior December 2018 U.S. Geological Survey The Mineral Industry of China By Sean Xun In China, unprecedented economic growth since the late of the country’s total nonagricultural employment. In 2016, 20th century had resulted in large increases in the country’s the total investment in fixed assets (excluding that by rural production of and demand for mineral commodities. These households; see reference at the end of the paragraph for a changes were dominating factors in the development of the detailed definition) was $8.78 trillion, of which $2.72 trillion global mineral industry during the past two decades. In more was invested in the manufacturing sector and $149 billion was recent years, owing to the country’s economic slowdown invested in the mining sector (National Bureau of Statistics of and to stricter environmental regulations in place by the China, 2017b, sec. 3–1, 3–3, 3–6, 4–5, 10–6). Government since late 2012, the mineral industry in China had In 2016, the foreign direct investment (FDI) actually used faced some challenges, such as underutilization of production in China was $126 billion, which was the same as in 2015. capacity, slow demand growth, and low profitability. To In 2016, about 0.08% of the FDI was directed to the mining address these challenges, the Government had implemented sector compared with 0.2% in 2015, and 27% was directed to policies of capacity control (to restrict the addition of new the manufacturing sector compared with 31% in 2015.
    [Show full text]
  • 2020 Conflict Minerals Report
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report O-I GLASS, INC. (Exact name of registrant as specified in its charter) Delaware 1-9576 22-2781933 (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) file number) Identification No.) One Michael Owens Way, Perrysburg, Ohio 43551 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (567) 336-5000 Mary Beth Wilkinson (567) 336-5000 (Name and telephone number, including area code, of the person to contact in connection with this report.) Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies: ☒ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019. Section 1 - Conflict Minerals Disclosure Item 1.01 Conflict Minerals Disclosure and Report A copy of the Conflict Minerals Report for O-I Glass, Inc. (the “Company”) is provided as Exhibit 1.01 hereto and is publicly available at www.o-i.com. The term “Company,” as used herein and unless otherwise stated or indicated by context, refers to Owens-Illinois, Inc. and its affiliates (“O-I”) prior to the Corporate Modernization (as defined below) and to O-I Glass, Inc. and its affiliates (“O-I Glass”) after the Corporate Modernization. On December 26 and 27, 2019, the Company implemented the Corporate Modernization (“Corporate Modernization”), whereby O-I Glass became the new parent entity with Owens-Illinois Group, Inc.
    [Show full text]
  • Borsa Istanbul A.S. List of Refineries; Bars, Ingots and Granules of Which Can Be Traded in the Precious Metals and Precious Stones Market
    BORSA ISTANBUL A.S. LIST OF REFINERIES; BARS, INGOTS AND GRANULES OF WHICH CAN BE TRADED IN THE PRECIOUS METALS AND PRECIOUS STONES MARKET GOLD REFINERIES (REFINERIES ALSO INCLUDED IN LBMA GOOD DELIVERY LIST) USA Asahi Refining USA Inc. Kennecott Utah Copper LLC Metalor USA Refining Corp. Germany Allgemeine Gold- und Silberscheideanstalt AG Aurubis AG C. Hafner GmbH + Co. KG Heimerle + Meule GmbH Australia ABC Refinery (Australia) Pty Ltd Western Australian Mint (T/A The Perth Mint) Belgium Umicore SA Business Unit Precious Metals Refining Brasil AngloGold Ashanti Mineração Ltda China Daye Nonferrous Metals Co., Ltd Great Wall Precious Metals Co., LTD. of CBPM Inner Mongolia Qiankun Gold and Silver Refinery Share Company Ltd Jiangxi Copper Company Ltd Shandong Gold Smelting Co., Ltd Shandong Zhaojin Gold and Silver Refinery Co. Ltd Sichuan Tianze Precious Metals Co., Ltd Zhongyuan Gold Smelter of Zhongjin Gold Corporation Zijin Mining Group Co. Ltd Metalor Precious Metals (Suzhou) Limited Indonesia PT Aneka Tambang (Persero) Tbk (Logam Mulia) Philippines Bangko Sentral ng Pilipinas (Central Bank of the Philippines) South Africa Rand Refinery (Pty) Ltd South Korea LS Nikko Copper Inc India MMTC-PAMP India Pvt. Ltd Hong Kong Heraeus Ltd Hong Kong Metalor Technologies (Hong Kong) Ltd Spain Sempsa Joyeria Plateria SA Sweden Boliden Commercial AB Switzerland Argor-Heraeus SA Metalor Technologies SA Pamp SA PX Précinox SA Valcambi S.A. Italy Chimet S.p.A. T.C.A S.p.A Italpreziosi S.p. A Japan Asahi Pretec Corp Ishifuku Metal Industry Co Ltd Japan Mint JX Nippon Mining & Metals Co., Ltd Matsuda Sangyo Co., Ltd Mitsubishi Materials Corp.
    [Show full text]
  • 2020 Appendix I Smelter List
    APPENDIX I Smelter List Metal Smelter Name Smelter Location Country Gold 8853 S.p.A. ITALY Gold Abington Reldan Metals, LLC UNITED STATES OF AMERICA Gold Advanced Chemical Company UNITED STATES OF AMERICA Gold Aida Chemical Industries Co., Ltd. JAPAN Gold Al Etihad Gold Refinery DMCC UNITED ARAB EMIRATES Gold Allgemeine Gold-und Silberscheideanstalt A.G. GERMANY Almalyk Mining and Metallurgical Complex Gold (AMMC) UZBEKISTAN Gold AngloGold Ashanti Corrego do Sitio Mineracao BRAZIL Gold Argor-Heraeus S.A. SWITZERLAND Gold Asahi Pretec Corp. JAPAN Gold Asahi Refining Canada Ltd. CANADA Gold Asahi Refining USA Inc. UNITED STATES OF AMERICA Gold Asaka Riken Co., Ltd. JAPAN Gold Atasay Kuyumculuk Sanayi Ve Ticaret A.S. TURKEY Gold AU Traders and Refiners SOUTH AFRICA Gold Aurubis AG GERMANY Gold Bangalore Refinery INDIA Bangko Sentral ng Pilipinas (Central Bank of the Gold Philippines) PHILIPPINES Gold Boliden AB SWEDEN Gold C. Hafner GmbH + Co. KG GERMANY Gold C.I Metales Procesados Industriales SAS COLOMBIA Gold Caridad MEXICO Gold CCR Refinery - Glencore Canada Corporation CANADA Gold Cendres + Metaux S.A. SWITZERLAND Gold CGR Metalloys Pvt Ltd. INDIA Gold Chimet S.p.A. ITALY Gold Chugai Mining JAPAN Gold Daye Non-Ferrous Metals Mining Ltd. CHINA Gold Degussa Sonne / Mond Goldhandel GmbH GERMANY Gold DODUCO Contacts and Refining GmbH GERMANY Gold Dowa JAPAN Gold DSC (Do Sung Corporation) KOREA, REPUBLIC OF Gold Eco-System Recycling Co., Ltd. East Plant JAPAN Gold Eco-System Recycling Co., Ltd. North Plant JAPAN Gold Eco-System Recycling Co., Ltd. West Plant JAPAN Gold Emirates Gold DMCC UNITED ARAB EMIRATES Gold GCC Gujrat Gold Centre Pvt.
    [Show full text]
  • China Molybdenum Co (3993 HK)
    China Thursday , 25 January 2018 INITIATE COVERAGE BUY China Molybdenum Co (3993 HK) An Emerging Global Mining Giant; Riding On Cobalt And Copper Momentum Share Price HK$5.97 China Molybdenum Co has evolved into one of the world’s leading mining Target Price HK$6.78 companies with diversified resources exposure. We forecast 40%+ EPS CAGR in Upside +13.0% 2017-20, given: a) our positive view on copper and cobalt in the medium to long term, b) the likelihood of tungsten and molybdenum’s high-margin advantage COMPANY DESCRIPTION persisting, and c) the niobium and phosphate segments providing stable cash flows. Initiate coverage with BUY and target price of HK$6.78 on DCF life-of-mine valuation. China Molybdenum Co is a mineral mining and exploration company engaged in the Copper: Positive outlook in the medium term on solid fundamentals. From a global mining and processing of molybdenum, perspective, we favour copper among base metals for the next 2-3 years given: a) supply tungsten, copper, cobalt, niobium and constraint due to under-investment, mines’ grade declines and elevated mine strike risks; phosphate minerals. and b) demand supported by traditional consumption and rising adoption of electric vehicles (EV). We expect LME copper prices to stay high at US$7,000-7,200/tonne in STOCK DATA 2018-20. China Molybdenum Co (CMOC) owns two world-class copper mines Tenke GICS sector Materials Fungurume Mining S.A (Tenke) and Northparkes Mine (Northparkes) with a combined Bloomberg ticker: 3993 HK mined copper production of 240k-260k tpa. Shares issued (m): 3,933.5 Market cap (HK$m): 200,112.6 Cobalt: Riding on EV momentum.
    [Show full text]
  • The Mineral Industry of China in 2007
    2007 Minerals Yearbook CHINA U.S. Department of the Interior December 2009 U.S. Geological Survey THE MINERAL INDUS T RY OF CHINA By Pui-Kwan Tse After three decades of economic development, China probably have some impact on the global commodity prices has become one of the leading economic and trade powers (Batson and King, 2008). in the world, one of the top destinations for foreign direct investment, and an export destination of choice. During the Minerals in the National Economy past several years, the Government’s economic policy was to prevent economic slowdown and fight inflation. In 2007, China is rich in mineral resources and was the world’s China’s economic growth rate was 11.9% and represented the leading producer of aluminum, antimony, barite, bismuth, coal, fifth consecutive year of double-digit expansion. Industrial fluorspar, gold, graphite, iron and steel, lead, phosphate rock, production increased by 18.5% compared with that of 2006. rare earths, talc, tin, tungsten, and zinc in 2007. It ranked among The consumer price index (a measurement of inflation) rose to the top three countries in the world in the production of many a decade high of 4.8%. To prevent economic “overheating,” the other mineral commodities. China was the leading exporter Government raised interest rates and the People’s Bank of China of antimony, barite, coal, fluorspar, graphite, rare earths, and (the central bank) required commercial banks to increase the tungsten in the world. The country’s demand for chromium, reserve-requirement ratio 11 times to 11.5% at yearend 2007.
    [Show full text]
  • Interim Report 2013
    Jinchuan Group International Resources Co. Ltd (Incorporated in the Cayman Islands with limited liability) (Stock Code：2362) CONTENTS Pages UNAUDITED INTERIM FINANCIAL REPORT Condensed Consolidated: Statement of Profit or Loss and Other Comprehensive Income 2 Statement of Financial Position 3 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Condensed Consolidated Financial Statements 7 Management Discussion and Analysis 19 Disclosure of Interests 24 Share Option Scheme 26 Corporate Governance Information 26 Jinchuan Group International Resources Co. Ltd CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the six months ended 30 June 2013 Six months ended 30.6.2013 30.6.2012 Notes HK$’000 HK$’000 (unaudited) (restated and unaudited) CONTINUING OPERATION Revenue 1,147,451 165,934 Cost of sales (1,113,566) (164,014) Gross profit 33,885 1,920 Other income 882 5,559 Other gains and losses 5 14,320 (2,760) Selling and distribution costs (1,362) (1,468) Administrative expenses (7,471) (6,582) Other expenses (15,377) – Finance costs (6,917) (1) Profit (loss) before taxation 6 17,960 (3,332) Taxation 7 (4,257) – Profit (loss) for the period from continuing operation 13,703 (3,332) DISCONTINUED OPERATIONS Profit (loss) for the period from discontinued operations 8 21,887 (2,232) Profit (loss) for the period 35,590 (5,564) Other comprehensive income (expense) Items that may be reclassified subsequently to profit or loss: Exchange difference arising on translation of foreign operations (79)
    [Show full text]
  • Afrikas Ekonomi, Mineralråvaror Och Kina
    Afrikas ekonomi, mineralråvaror och Kina Program • Afrika - bakgrund • Gruvindustrin i världen • Gruvindustrin i Afrika • Kina i Afrika Magnus Ericsson / 孟瑞松 Råvarugruppen, Luleå Tekniska Universitet Afrika - bakgrund Manganese drawing: Kaianders Sempler. Africa – a giant 20 % av jordytan Africa – key figures Area: 30 370 000 km² 20 % Population: 1,216 miljarder World 7,466 17 % GDP: 2141 billion USD global 75848 2.8% GNI per capita: Sub-saharan Africa 1515 USD World 10368 Sweden 54480 Africa – growing faster 1 Fastest growing countries Country 2007-2016 1 Ethiopia 10.22 2 China 9.00 3 Myanmar 8.56 4 Uzbekistan 8.36 5 Rwanda 7.62 6 Afghanistan 7.40 7 India 7.35 8 Ghana 6.84 9 Tanzania 6.70 10 Mozambique 6.67 11 Angola 6.59 12 Cambodia 6.58 13 Zambia 6.48 14 Iraq 6.39 15 Congo, Dem. Rep. 6.35 Sub-Saharan Africa 4.26 World 2.49 people million 10 than less with countries Excludes 10 12 14 Africa -4 -2 6 8 0 2 4 1995 1996 1997 1998 – 1999 growing 2 fastergrowing 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 high income) high (excluding Africa Sub-Saharan World Global gruvindustri Vanadium drawing: Kaianders Sempler. Mining in the world Source: Raw Materials Data Mining - a historical perspective 70 Europe 60 USA 50 40 China 30 USSR/CIS 20 Australia/Canada % of world mining 10 6RR 0 Other Source: Sames, Raw Materials Data Minerals produced Value 2014 Commodity Mined Unit Price Unit (USD billon) Aggregates 48 000 Mt - - - Coal 8085 Mt 80 USD/t 647 Iron ore 3415 Mt 71 USD/t 146 Gold 3.1 kt 1266 USD/oz 123
    [Show full text]
  • Yunnan Copper Corporation Ltd
    REPORT SUMMARY Implementing firm RCS Global Ltd Address: 9a Burroughs Gardens, London, NW4 4AU, U. K [email protected] CONTACT PERSON: Katie Redmond, Program Manager CONTACT TELEPHONE: +49 176 6080 6483 Title of Report Independent Reasonable Assurance Report to Yunnan Copper Corporation Limited Type of assessment LBMA ISAE 3000 Assurance Assessment Refiner Yunnan Copper Corporation Limited 1. Headquarter: Lianmeng Road, Panlong Disrict, Kunming, Yunnan Province, P.R. China. 2. Procurement & sales site (Yunnan Copper Corporation Ltd Marketing Company Import & Export Company): Lianmeng Road, Panlong Disrict, Kunming, Yunnan Province, P.R. China. 3. Smelting & refining site (Yunnan Copper Corporation Ltd Southwest Copper Branch, including Rare & Precious Metals Plant): Wangjiaqiao, Wuhua District, Kunming, Yunnan province, P.R. China. Assessed Timeframe 1 January 2019 – 31 December 2019 1. INTRODUCTION We were engaged by Yunnan Copper Corporation Limited to provide reasonable assurance on its Refiner’s Compliance Report for the year ended 31 December 2019. The assurance scope consists of the Refiner’s Compliance Report. 2. RESPONSIBILITIES The Compliance Officer of Yunnan Copper Corporation Limited (“Yunnan Copper” or “The Refiner”) is responsible for the preparation and presentation of the Refiner’s Compliance Report in accordance with the Version 8 of the LBMA Responsible Gold Guidance (RGG) and Version 1 of the LBMA Responsible Silver Guidance (RSG). This responsibility includes establishing appropriate risk management and internal controls from which the reported information is derived. The criteria identified by the Compliance Officer as relevant for demonstrating compliance with the LBMA RGG and RSG are the activities described within the Refiner’s Compliance Report. Our responsibility is to carry out a reasonable assurance engagement in order to express a conclusion based on the work performed.
    [Show full text]
  • Than a Pretty Color: the Renaissance of the Cobalt Industry
    United States International Trade Commission Journal of International Commerce and Economics February 2019 More Than a Pretty Color: The Renaissance of the Cobalt Industry Samantha DeCarlo and Daniel Matthews Abstract Demand for cobalt—a major input in the production of lithium-ion batteries (LIBs) used in electric vehicles (EVs)—is growing due to recent technological advancements and government policies designed to promote the use of EVs. This has led major automakers, battery manufacturers, personal electronic device companies, and their suppliers to attempt to secure stable supplies and develop new sources of cobalt throughout the world. Moreover, the rising demand for cobalt has led to global supply constraints, higher prices, and renewed drive in battery materials research for potential substitutes for mined cobalt. Keywords: Cobalt, lithium-ion batteries, supply, chemical, metal, superalloy, China, Democratic Republic of Congo, DRC Suggested citation: DeCarlo, Samantha, and Daniel Matthews. “More Than a Pretty Color- The Renaissance of the Cobalt Industry.” Journal of International Commerce and Economics. February 2019. http://www.usitc.gov/journals. This article is the result of the ongoing professional research of USITC staff and is solely meant to represent the opinions and professional research of its authors. It is not meant to represent in any way the view of the U.S. International Trade Commission, any of its individual Commissioners, or the United States Government. Please direct all correspondence to Samantha DeCarlo and Daniel Matthews, Office of Industries, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436, or by email to [email protected] and [email protected].
    [Show full text]
  • Broadcom Limited Conflict Minerals Report for the Calendar Year Ended December 31, 2016
    Broadcom Limited Conflict Minerals Report For The Calendar Year Ended December 31, 2016 This Conflict Minerals Report (this “Report”) of Broadcom Limited for the calendar year ended December 31, 2016 (the “Reporting Period”) is filed in accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the “Rule”) and pursuant to the Company’s Specialized Disclosure Report on Form SD (“Form SD”) for the Reporting Period filed with the Securities and Exchange Commission (the “SEC”). The Rule imposes certain reporting and disclosure obligations on SEC registrants for which cassiterite, columbite- tantalite, gold, wolframite, or their derivatives, which are limited to tin, tantalum and tungsten (“conflict minerals”) are necessary to the functionality or production of a product manufactured, or contracted to be manufactured, by the registrant. References in this Report to “Broadcom,” “the Company,” “we,” “our,” or “us” refer to Broadcom Limited and its subsidiaries, on a consolidated basis, unless otherwise indicated or the context otherwise requires. Company and Product Overview Broadcom is a leading designer, developer and global supplier of a broad range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products. We have a history of innovation and offer thousands of products that are used in end products such as enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. We have four reportable segments: wired infrastructure, wireless communications, enterprise storage and industrial & other.
    [Show full text]