Perpetua Resources’ Post

💥 The war in Ukraine, sparked by Russia's invasion in February 2022, has driven a surge in copper demand. With every shell containing about 0.5 kg of copper, the conflict consumes massive amounts daily, keeping copper prices resilient. 📈 Fastmarkets, reports significant increases in copper premiums in both the US and EU, highlighting copper's crucial role in the ongoing conflict and its broader impact on the global economic landscape. As munitions factories worldwide ramp up production, the study estimates that military demand will drive a 14% annual increase in copper usage until 2026.🌍💼 #CopperMarket #WarEconomy #MetalDemand #UkraineConflict #GlobalEconomy https://lnkd.in/ejg7XciG

#Yemen - USCENTCOM: Sinking of Motor Vessel Rubymar Risks Environmental Damage: On Mar. 2 at approximately 2:15 a.m., MV Rubymar, a Belize-flagged, UK-owned bulk carrier, sank in the Red Sea after being struck by an Iranian-backed Houthi terrorist anti-ship ballistic missile on Feb. 18. The ship had been slowly taking on water since the unprovoked attack. The approximately 21,000 metric tons of ammonium phosphate sulfate fertilizer that the vessel was carrying presents an environmental risk in the Red Sea. As the ship sinks it also presents a subsurface impact risk to other ships transiting the busy shipping lanes of the waterway. The Iran-backed Houthis pose a heightened threat to global maritime activities. The United States and coalition partners remain committed to safeguarding freedom of navigation, striving to enhance the safety and security of international waters for merchant shipping. For full story: https://lnkd.in/ezqKzttP

In the lead up to the second anniversary of the Russian invasion of Ukraine, the UK has today announced further asset freezes which, according to the press release, includes: * Companies linked to manufacturing munitions such as rocket launch systems, missiles, explosives and other critical goods used in military equipment. This includes Sverdlov State Owned Enterprise, the largest enterprise in the Russian ammunition industry. * Key Russian importers and manufacturers of machine tools, which are instrumental in manufacturing vital defence systems and components ranging from missiles and engines to tanks and fighter jets. * Oil trader Niels Troost and his company Paramount Energy & Commodities SA. Troost facilitates the unfettered trade of Russian oil outside the reach of UK and G7 sanctions, including through UAE-based Paramount Energy & Commodities DMCC, which the UK designated in November 2023.  * Fractal Marine DMCC, Beks Ship Management, and Active Shipping, which operate in the Russian energy sector as part of Putin’s shadow fleet. * Two Russian diamond companies and Pavel Alekseevich Marinychev, the new CEO of Alrosa, the largest state-owned Russian diamond producer, estimated to hold a 30% share in the global diamond market. * Five senior executives or owners of Russia’s top producers of copper, zinc and steel. https://lnkd.in/eeZBqxXS. #sanctions #sanctionscompliance #russiaukrainewar #russia Zia Ullah Robyn Brown Kimberly Jones Charlotte Duranté Emma Middleton Matilde Hernandez Adina Khan

Is the only way to sell Inferior American weapons using Countering America's Adversaries Through Sanctions Act (CAATSA) ?. Should India fall for this Trap ?. If Pagers can explode cant tell when one of these weapons will explode in safe storage ? 4 More F16 Destroyed By Precision strike using Kinzhal missile. Each missile cost 10 million USD. So 5/6 of F16 the another western wonder weapon burnt. All wonder weapons so far provided has failed. Only HIMRS is advertised and is working to some extent. But its nothing but MLRS like our Pinaca or Russian GRAD which Russia has in thousands. Another region war is sure to start in the Middle east. Now you will see 120 Million F35 which cost 42,000 USD to fly / Hour will be striking Houthi or Hezbollah with precision weapons costing hundreds of thousand of dollars. This is what western Wonder weapons can do Fight against AK 47's and Sugar & Fertilizer powered rockets.

Russian titanium keeps flowing to the West despite invasion of Ukraine - The Washington Post https://lnkd.in/ewXS_EyZ Western firms bought hundreds of millions of dollars of titanium metal from a Russian company with deep ties to the country’s defense industry following the 2022 invasion of Ukraine, according to a review of Russian export data After more than two years of war in Ukraine, Russia continues to export oil and gas that eventually reaches the United States and its allies, and Russian firms are still able to sell everything from diamonds to uranium because the West wants the goods and allows carve-outs from sanctions. #russia #russiasanctions #titanium #specialtymetals #metals #export

2 May 202: Key takeaways from this evening's update on Israel, Gaza, Hamas and other threats from the great ISW/AEI and appreciation being considered for the stage of 42th Stree.! - Gaza Strip: A Lebanese media outlet published the purported text of the Egyptian-proposed ceasefire deal that Hamas is considering. The agreement addresses almost all of Hamas’ demands except for a permanent ceasefire in the Gaza Strip. Hamas would likely violate a permanent ceasefire, however. - Bahrain: An Iranian-backed Bahraini militia claimed to have conducted a drone strike on the Israeli port city of Eilat. The claimed attack is part of the Iranian-led campaign to impose an unofficial blockade on Israel. The Bahraini militia claiming a drone attack marks the first time that the group has indicated that it has drone capabilities. - Yemen: The Houthi supreme leader emphasized that the Houthis would continue their attacks against Israel and its interests until the destruction of the Israeli state. His remarks demonstrate that the Houthis will remain a serious threat to international shipping even in the event of a ceasefire in the Gaza Strip. - Africa: Iran is trying to use its military exports as a vehicle for expanding its influence in Africa. Iran and Niger are negotiating over a deal that would send Iranian weapons to Niger in exchange for Iranian access to Nigerien uranium reserves. Iran previously tried to use its military exports to Sudan to receive Sudanese permission to establish an Iranian naval base on the Red Sea. #israel #gaza #hamas #middleeast #linkedintopvoices

🎯OFAC Targets Procurement Networks For Supporting Iran’s Proliferation Programs: Office of Foreign Assets Control #OFAC has #Imposed new #Sanctions on three #Procurement networks aiding Iran's #BallisticMissile, #Nuclear, and defense programs. These networks, operating out of #Iran, #Turkey, #Oman, and #Germany, have been involved in acquiring materials such as #CarbonFiber and #EpoxyResins for missile-related purposes. The sanctions, enforced under Executive Order 13382, target #Proliferators of weapons of mass destruction #WMD and their delivery systems. These networks have provided support to entities like Iran's Islamic Revolutionary Guard Corps Aerospace Force Self Sufficiency Jihad Organization (IRGC ASF SSJO) and the Ministry of Defense and Armed Forces Logistics #MODAFL, among others. Under Secretary of the #Treasury for Terrorism and Financial Intelligence, Brian E. Nelson emphasized the U.S.'s commitment to disrupting these covert procurement networks, which seek to supply #Weapons systems to rogue actors globally. This action underscores the determination to hold accountable those aiding Iran's #Proliferation #Activities. This latest move builds on previous #Designations targeting third-country procurement networks supporting the #IRGC and #MODAFL's ballistic missile production. The U.S. remains resolute in its efforts to expose and #Disrupt networks facilitating Iran's destabilizing actions and enabling aggression in regions like the Middle East and Ukraine. For more information refer to the Treasury’s official website (link in the comment section). 💼#IranSanctions #ProliferationPrevention #WMD #OFAC #Sanction

3 May 09:00: Overnight (2 May) Military and Geopolitical report on Israel 🇮🇱, Gaza 🇵🇸, Hamas 👺🤮, and greater Middle East from the Institute for the Study of War/American Enterprise Institute Critical Threats Program team: In full - maps follow: ‘ - Gaza Strip: A Lebanese media outlet published the purported text of the Egyptian-proposed ceasefire deal that Hamas is considering. The agreement addresses almost all of Hamas’ demands except for a permanent ceasefire in the Gaza Strip. Hamas would likely violate a permanent ceasefire, however. - Bahrain: An Iranian-backed Bahraini militia claimed to have conducted a drone strike on the Israeli port city of Eilat. The claimed attack is part of the Iranian-led campaign to impose an unofficial blockade on Israel. The Bahraini militia claiming a drone attack marks the first time that the group has indicated that it has drone capabilities. - Yemen: The Houthi supreme leader emphasised that the Houthis would continue their attacks against Israel and its interests until the destruction of the Israeli state. His remarks demonstrate that the Houthis will remain a serious threat to international shipping even in the event of a ceasefire in the Gaza Strip. - Africa: Iran is trying to use its military exports as a vehicle for expanding its influence in Africa. Iran and Niger are negotiating over a deal that would send Iranian weapons to Niger in exchange for Iranian access to Nigerien uranium reserves. Iran previously tried to use its military exports to Sudan to receive Sudanese permission to establish an Iranian naval base on the Red Sea. #israel #gaza #hamas #middleeast #linkedintopvoices’: Thank you, General, and ISW+ Team:

Next or not, it will be soon

The US is concerned that Russia may be sharing information with China about American and European weapons used in the Ukraine war. A bipartisan US congressional committee has requested the Biden administration to assess this issue and determine the extent to which Russia has shared information with China. The committee believes that Russia has found vulnerabilities in American weapons, undermining their effectiveness. China and Russia have strengthened ties in response to the conflict in Ukraine, with both countries aiming to reduce the influence of the US and the West internationally. Additionally, Chinese and Russian companies are reportedly developing an attack drone similar to an Iranian model used in Ukraine, raising concerns about China's support for Russia. #AsiaRisk #GeopoliticalConflictandDisputes #India Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gvKKQqYS