“Delta owns a refinery… they are one of the few airlines better insulated because of the fact that they own a refinery.”
♫
Said on Bloomberg Intelligence
“Ethiopia has opened its first ever gold refinery, a $50 million joint venture… we are exporting $5.6 billion worth of gold… a $140 million auction… earnings go to the central bank.”
World Business Report · Formula 1 heads back to Africa
Play from 8:12
8:12
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What was described
Formed a $50 million joint-venture gold refinery where Sam Precious Metals owns 49% and the Ethiopian sovereign wealth fund holds 51%, with 51% of refinery earnings flowing to the central bank for FX and public-sector spending
$50 million JV; $5.6 billion worth of gold exported; $140 million auction of gold-sale proceeds
Said nearby on the same subject
“All refineries in India are operating at 100% or more capacity utilization. Reliance refinery ... can sometimes go even as high as 115, 120%”
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Said on The Core Report
“A U.S.-led sovereign wealth fund for preclinical and early stage biotechs ... I think it's an interesting idea, but ... the things that I described are probably more top of mind”
SG
Simeon George
Business Of Biotech ·
“Fuel security services payment, which does support the operation of those two refineries and does provide payments when prices are low”
♫
Said on Australian Parliament: House of Representatives
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