Now was that statement about $5 billion dollars for investment...

Now was that statement about $5 billion dollars for investment from Hanlong saying something about solar panels as their strategy.
How does this article sound ADD 1 plus 1 and get ?

Anyways ...International Business Times article...
"Mostly used in manufacturing steel alloys due to its ability to readily form hard, stabile carbides, molybdenum may have new uses in the renewable energy sector. The use of moly in these applications could provide a new and highly profitable market for the metal, as well as helping the planet. Also, Chinese funding of Moly Mines, reported on by Moly Investing News over the last two months, has grown even larger as the Sichaun Hanlong group looks to Australia for a major mining house.

Researchers at the University of California-Berkeley have been working on a more efficient way to produce hydrogen gas from fresh and salt water. Hydrogen gas, essential to renewable energy prospects, is not available in nature because it has to be separated from oxygen molecules in water. The process is expensive, and has yet to be made cost efficient for widespread use because of the prohibitive cost of platinum, an essential catalyst in the process.

Our new proton reduction catalyst is based on a molybdenum-oxo metal complex that is about 70 times cheaper than platinum, todays most widely used metal catalyst for splitting the water molecule, says Hemamala Karunadasa, one of the co-discoverers of this complex.

One of the main benefits from this new technology is the ability to derive hydrogen gas from salt water, the most available source of hydrogen on Earth. Also developments for molybdenum include a new use in thin film solar panels, which are cheaper to produce, increasing the economic viability of solar panels.

Molybdenum is also being utilized prominently in thin-film CIGS solar panels which are expected to be substantially less expensive than traditional solar cells due to their much lower material and potentially lower fabrication costs. . . a thin layer of molybdenum is used as the effective electrode base upon which the aforementioned elements are deposited, according to Anthony David, for Critical Strategic Metals."

Believe it or not the fastest growing industries today are revolving around solar panel energy worldwide and hydrogen powered car concept is still hanging about in the USA.


Now the secret has been revealed- another mega purpose(s) for molybdenum,
Go Moly Go!

And was it early May they said that the formalities of signing the US$5 billion was to be a done deal.

Would think that probably this has been done this weekend.
Perhaps an announcement next week about this?

Excellent value now for patient investor finance all due by 30th September , Port facilities also about September and production of Iron almost due any day they say GO. All looking good.