AVZ Discussion 2022
- Thread starter GazDix
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Hemicuda
Regular
Kill me nowAnybody have plans for Easter?
I was thinking I might buy Easter Eggs for the first time in a few years.
Retrobyte
Hates a beer
Coopération RDC-USA : Felix Tshisekedi reçoit l’envoyé spécial du président américain Donald Trump
Ce dimanche à la Cité de l’Union africaine, le Président Félix Tshisekedi a échangé avec M. Ronny Jackson, Envoyé spécial du Président des États-Unis Donald Trump et membre du Congrès américain.La …
vraies-infos.net
Re: Red Penny's response to my request for information:
In late 2023 and in mid-2024, I wrote to senator the hon Penny Wong, Minister for Foreign Affairs about the scope of government assistance provided to AVZ Minerals by the Australian Government.
I received no response to the first request, and an auto-reply to the second saying, amongst other things that her priority in responding is to her South Australian constituents.
On 17 March 2025, I again wrote to senator Wong about the same issue. Unfortunately her response was another auto-reply.
The senator clearly has no intention of providing a meaningful response, which is disappointing since AVZ is an Australian company with >20,000 shareholders and a globally significant resource. It seems that the USA is providing more assistance than our own government...albeit from a position of self-interest.
While the federal government bleats endlessly about the role of new-age materials in combating climate change, and invests $AU$1 billion of taxpayers money competing head-to-head with the Chinese in developing solar panels where the Chinese have scale and technological superiority...it cannot provide any support to AVZ, which is fighting a David and Golliath battle against DRC and Chinese entities determined to steal its resource.
With a federal election about to be called, and with polls suggesting a very close election, you would expect senator Wong to be more politically savy. She should be cultivating votes and shoring up support, rather than pissing off voters.
It's a slow day.
Cheers
F
In late 2023 and in mid-2024, I wrote to senator the hon Penny Wong, Minister for Foreign Affairs about the scope of government assistance provided to AVZ Minerals by the Australian Government.
I received no response to the first request, and an auto-reply to the second saying, amongst other things that her priority in responding is to her South Australian constituents.
On 17 March 2025, I again wrote to senator Wong about the same issue. Unfortunately her response was another auto-reply.
The senator clearly has no intention of providing a meaningful response, which is disappointing since AVZ is an Australian company with >20,000 shareholders and a globally significant resource. It seems that the USA is providing more assistance than our own government...albeit from a position of self-interest.
While the federal government bleats endlessly about the role of new-age materials in combating climate change, and invests $AU$1 billion of taxpayers money competing head-to-head with the Chinese in developing solar panels where the Chinese have scale and technological superiority...it cannot provide any support to AVZ, which is fighting a David and Golliath battle against DRC and Chinese entities determined to steal its resource.
With a federal election about to be called, and with polls suggesting a very close election, you would expect senator Wong to be more politically savy. She should be cultivating votes and shoring up support, rather than pissing off voters.
It's a slow day.
Cheers
F
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Scoota30
Regular
She's been too busy at box hill trying to win over Chinese voters for an election by telling them they'll get free GP lol. I wish I was joking
Attachments
LithiumKing
Regular
Clearly the product of a consanguineous marriage.
Frank
Top 20
When it Rains it Pours and it's pouring down on the DRC
A Great Big ICC shit Storm that is AVZ Minerals wins legal battle over Congo lithium mine dispute
Australian company AVZ Minerals reports that an International Chamber of Commerce (ICC) tribunal has issued a partial award ordering the Democratic Republic of Congo's (DRC) state-owned Cominière to pay €39.1m ($42.4m) plus interest for failing to comply with emergency orders.
This ruling follows a dispute between AVZ International (AVZI) and Cominière over breaches of the Dathcom joint venture agreement (JVA) related to the Manono lithium project, one of the largest hard rock lithium deposits globally.
AVZ originally held the permit to develop the Manono project.
The DRC Ministry of Mines signed the ministerial decree awarding the mining licence for AVZ Minerals’ Manono lithium project in May 2022.
However, the DRC Mines Ministry revoked the permit in 2023, citing delays in project development.
The rights were later awarded to a subsidiary of China’s Zijin Mining, leading AVZ to seek relief through the ICC, reported Reuters.
The tribunal confirmed that Cominière violated prior injunctions by extending mining title PR 13359 under its own name, splitting PR 13359 and assigning PR 15775 to Manono Lithium, a joint venture with China’s Zijin Mining Group.
Cominière’s attempt to overturn the emergency orders was rejected, and the tribunal reaffirmed the injunctions issued in May and November 2023. The tribunal also reserved its decision on any additional penalties if Cominière continues to breach these orders.
In a separate legal case (ICC 27769/SP), Cominière and Jin Cheng Mining Company, a subsidiary of Zijin Mining Group, filed a complaint against AVZI, claiming breaches of the Dathcom JVA.
The ICC Tribunal has issued a partial award, rejecting AVZI’s objection to Dathomir Mining Resources SARLU (Dathomir) joining the case as a party. Dathomir is now officially part of the proceedings.
Addressing media speculation, AVZ confirmed that its representatives visited the US to explore potential funding for the Manono lithium project.
Although AVZ met with interested parties, no formal investment proposals have been received and discussions remain preliminary.
AVZ assured shareholders it will provide updates as required.
"AVZ Minerals wins legal battle over Congo lithium mine dispute" was originally created and published by Mining Technology, a GlobalData owned brand.
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Global Arbitration Review
Congo state entity hit with penalties in lithium dispute
Jack Ballantyne17 March 2025
Credit: Shutterstock/Parilov
An ICC tribunal has ordered a state-owned entity of the Democratic Republic of the Congo to pay €39 million in penalties to an Australian mining company for breaching the orders of an emergency arbitrator in a dispute over a lithium project.
Frank
Top 20
It is Unreal but now the Floodgates have Finally opened, Media outlets are Soaking it up
Putting the Spotlight firmly on Felix and the ( DRC ) Democratic Republic of Corruption
Congo president meets US lawmaker amid talk of minerals deal
Democratic Republic of Congo’s President Felix Tshisekedi has met U.S. lawmaker Ronny Jackson to discuss fighting in the east of the country and opportunities for U.S. investment, Congo’s presidency said.
The meeting took place one week after Washington said it was open to exploring critical minerals partnerships with Congo.
A Congolese lawmaker in February contacted U.S. officials to pitch a minerals-for-security deal.
A presidential statement described Jackson as a “special envoy” for U.S. President Donald Trump.
Tshisekedi faces an insurgency by Rwanda-backed M23 rebels in east Congo and his government plans to send a delegation to peace talks in Angola on Tuesday.
Congo has vast reserves of cobalt, lithium and uranium among other minerals.
The government has not publicly detailed a proposal for a deal with the U.S., saying only that it was seeking diversified partnerships.
There was no direct mention of minerals in Sunday’s statement.
“We want to work so that American companies can come and invest and work in the DRC.
And to do that, we have to make sure that there is a peaceful environment,” Jackson was quoted as saying in the statement.
The long-running conflict in east Congo is rooted in the spillover into Congo of Rwanda’s 1994 genocide and the struggle for control of Congo’s vast mineral resources.
It escalated significantly this year and M23 now controls east Congo’s two biggest cities.
Rwanda is accused of backing the Tutsi-led M23, which it denies.
Byron Cabrol, senior Africa analyst at Dragonfly, said last week it would be a struggle to entice U.S. mining companies to invest in Congo due to poor infrastructure, insecurity, corruption and the dominance of Chinese firms.
“We want to work so that American companies can come and invest and work in the DRC.It is Unreal but now the Floodgates have Finally opened, Media outlets are Soaking it up
Putting the Spotlight firmly on Felix and the Democratic Republic of Corruption
View attachment 79550
Congo president meets US lawmaker amid talk of minerals deal
Democratic Republic of Congo’s President Felix Tshisekedi has met U.S. lawmaker Ronny Jackson to discuss fighting in the east of the country and opportunities for U.S. investment, Congo’s presidency said.
The meeting took place one week after Washington said it was open to exploring critical minerals partnerships with Congo.
A Congolese lawmaker in February contacted U.S. officials to pitch a minerals-for-security deal.
A presidential statement described Jackson as a “special envoy” for U.S. President Donald Trump.
Tshisekedi faces an insurgency by Rwanda-backed M23 rebels in east Congo and his government plans to send a delegation to peace talks in Angola on Tuesday.
Congo has vast reserves of cobalt, lithium and uranium among other minerals.
The government has not publicly detailed a proposal for a deal with the U.S., saying only that it was seeking diversified partnerships.
There was no direct mention of minerals in Sunday’s statement.
“We want to work so that American companies can come and invest and work in the DRC.
And to do that, we have to make sure that there is a peaceful environment,” Jackson was quoted as saying in the statement.
The long-running conflict in east Congo is rooted in the spillover into Congo of Rwanda’s 1994 genocide and the struggle for control of Congo’s vast mineral resources.
It escalated significantly this year and M23 now controls east Congo’s two biggest cities.
Rwanda is accused of backing the Tutsi-led M23, which it denies.
Byron Cabrol, senior Africa analyst at Dragonfly, said last week it would be a struggle to entice U.S. mining companies to invest in Congo due to poor infrastructure, insecurity, corruption and the dominance of Chinese firms.
View attachment 79551
And to do that, we have to make sure that there is a peaceful environment,” Jackson was quoted as saying in the statement.
Mr Jackson.......you forgot to include eradicating corruption !
Frank
Top 20
Ahh, but
Byron Cabrol, senior Africa analyst at Dragonfly, said last week it would be a struggle to entice U.S. mining companies to invest in Congo due to poor infrastructure, insecurity, corruption and the dominance of Chinese firms.
Bray
Regular
Which could easily change if they had backbone, morals and values that match their words and ambitions
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