You wanted reading.... Luker.
posted on
Sep 17, 2018 10:17AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
from last week
https://www.jwnenergy.com/article/2018/9/development-agreements-signed-all-elected-indigenous-bands-along-lng-canada-pipeline-route/
LNG Canada is a joint venture company comprised of five global energy companies with substantial experience in liquefied natural gas (LNG) – Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS. Together, we are proposing to design, build and operate an LNG export terminal in Kitimat, British Columbia.
https://www.unglobalcompact.org/system/attachments/32931/original/2012%E5%B9%B4%E5%AE%9D%E9%92%A2%E9%9B%86%E5%9B%A2%E7%A4%BE%E4%BC%9A%E8%B4%A3%E4%BB%BB%E6%8A%A5%E5%91%8A%E8%8B%B1%E6%96%87%E7%89%88-%E5%8D%95%E9%A1%B5.pdf?1378805803
On page 98,,,of the Baosteel Corporate social Responsibility report from 2012
19th – Baosteel and PetroChina signed the Strategic Procurement
Agreement.
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https://edmontonjournal.com/news/politics/first-nations-backed-proposal-for-8-5-billion-refinery-revived-by-chinese-investment-after-provincial-funding-pulled
"Now Teedrum has partnered with foreign investors including Sinopec Luoyang Engineering Co. Ltd., a subsidiary of giant Chinese energy company Sinopec, which is state-owned."
Under Sinopec partners:
http://www.sinopec.com/listco/en/about_sinopec/our_business/our_partners/en-supplier-gc.shtml
Baosteel Corp.
Sinopec and Baosteel have enjoyed a strategic partnership for many years. Aiming at strategic cooperation and leveraging the integrated advantage as large SOEs, the two companies conducted cooperation in steel boards for pipelines and storage tanks, steel pipes for long-haul transmission pipelines as well as casing pipes and downhole assembly, etc. The two sides also scored obvious achievements in new product R&D and promotion. Development of high-impact steel boards for storage tanks of 100,000 cubic meters and high nickel-based alloy casing pipes help defuse pure dependence on import.
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Notice the high levels of nickel and chromium needed to construct these LNG tanks?
https://continentalsteel.com//nas/content/live/continentalst/wp-content/uploads/11-Metal-Sourcing-Tips-for-LNG-Tanks-eBook.pdf
Of course, the other critical element in a nickel steel alloy is the stainless steel itself. High quality stainless steel holds a number of advantages in creating LNG tanks. The material is highly weldable, generally exhibiting no problems or weaknesses during any welding process. In addition, low carbon steels are highly resistant to corrosion and do not undergo phase transformations while welding occurs. However, for stainless steel to have the best resistance to cracking, there are certain elements that need to be present. A minimum level of delta ferrite is one. Stainless steel with higher levels of ferrite reduces the impact of low temperatures. When applied with sub-arc flux and covered electrode coatings, the stainless steel maintains a lower amount of micro-slag and higher ductility as a result. Stainless steel with these qualities makes an ideal partner for nickel in the construction of LNG tanks and containers
What is ferrite in stainless steel?
Ferritic steels are high chromium, magnetic stainless steels that have a low carbon content. Known for their good ductility, resistance to corrosion and stress corrosion cracking
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Just look at the details of this signed deal between usa and china…look at the LNG projects.
And look at the many other LNG projects set to be constructed around the world
Combine this with the EV revolution, infrastructure spending around the world, the nuclear projects etc…and it make sense why materials like the ones found in the ROF have been hoarded, and accumulated and consolidated by the trillionaire club.
You can imagine the OFF TAKE agreements being made behind close doors with the mining companies that have the goods before this commodity tsunami takes place.
When you see Mitsubishi as part of the LNG Canada consortium, ask your self this?
Why exit Hernic at a time when demand for nickel and chromium will go through the roof?
What is meant by strategic reasons?
"As Hernic is a non-core investment of Mitsubishi Corporation (“Mitsubishi”), the majority shareholder of Hernic, Mitsubishi has chosen to exit this investment for strategic reasons "
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ask yourself this question. Why did the city of markham pick Eabametoong FN to partner with?
There are lots of reseves in Canada. Why this one in particular?
http://www.markham.ca/wps/portal/Markham/AboutMarkham/NewsRoom/NewsReleases/20180720-markham-mayor-frank-scarpitti-meets-with-prime-minister-justin-trudeau/!ut/p/a1/jZFRb4IwEMc_yx58LD1KFbI3homywYwuOMbLUl2Bqi2kFMn26VfNXpZs6r1cLvn9c5ff4QLnuFDsKCpmRKPY4TQXk3e6mEVRsg6WZEUB4ni6Hj9Pl246n1jgzQLRLJxTPwGAbDaF2F8-ZIv0yYN4clse_qkQruUfb1hAdBqlFS5aZmokVNngnIAbgE8ASab3NZO2fzYalZqpPeq2TLfCGIEk56ZDg7C5VgvJkRRKdIZrtOs7IxQyuv_grMevuLh0SLDyrgHwA1xSeQYuuLIyxEY6w1Y64LiuT2lAiU8I8TwS0JOKUG28wKrQvOSaa6fX9se1MW13P4IRDMPgVE1THbizZSP4K1E3ncH5LxC3Msu_kvIl3o0PxyS8-wbpnmSy/dl5/d5/L2dBISEvZ0FBIS9nQSEh/
https://markhamreview.com/huge-donation-of-baseball-equipment-for-eabemetoong-first-nation/
http://nikkeivoice.ca/celebrating-90-years-of-friendship-with-sakura-trees/
The sakura will become a way for Markham citizens to better understand and appreciate Japan and foster friendship between the two, he said. Talks to plant trees in Markham began after Scarpitti led the Markham delegation on a business trip to Japan last year with former Ontario Premiere Kathleen Wynne.
The trees were donated by various Japanese donors. This includes the Rotary International District 2750, with Governor Masamori Sawatari in attendance. As well, Mitsubishi Electric Sales Canada Inc
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And what about this group? (they have an office in markham)
https://www.smbcgroup.com/emea/products-services/maritime-finance/
Sumitomo-Mitsu Banking Corporation (SMBC) Group is a world leader in liquefied natural gas (LNG) shipping finance, and benefits from strong in-house market expertise and extensive arrangement
or how about this link below? What is meant by putting boots on the ground in Canada??
When you read the link above, regarding Mitsubishi UFG Financial group...why put boots on the ground in Canada after .....decades of keeping a low profile? What has changed?
And two months ago...this news came out...what is unusual is traditionaly it is a Japanese executive that would be appointed this president position but we have a Canadian ..whose roots are...you guessed it...RBC Capital markets
And not to forget that the new Canada Infrastructure bank CEO is also an ex-RBC person. No surprise.
https://ca.reuters.com/article/businessNews/idCAKBN19R2HJ-OCABS