AVZ Discussion 2022
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Rio Tinto Enters Negotiations with Congo for Strategic Lithium Deposit
Discover how Rio Tinto's negotiations with Congo for the Roche Dure lithium deposit expand their battery materials portfolio.
Expansion on previous article!
I am just wondering how they know so much about the Roche Dure deposit? Sounds like we should be selling $10 tickets to the AVZ core sample library!
Carlos Danger
Top 20
KoBold’s letter said they wanted AVZ to transfer all of their rights to Manono to them. We will in turn receive appropriate compensation. That implies we will be paid to walk away and it would be up to them to work out who gets what. A potential offer from Rio could be different but it seems they are also mainly interested in the south. How much will be on offer perhaps changes depending on what is legally established which might be what Graeme Johnston was alluding to.
As for the north Nigel is obviously privy to facts I’m not and I’ve always said that I can only work off public information. But his various slips about ‘mica’ and ‘the south has the good powder’ over the years have been interesting to say the least. The mining code is pretty clear that it is the waiver itself that serves as the relinquishment and not the decree. AVZ’s current reasoning (which changed from the original appeal) is that the new decrees stand therefore the tenement is whole again.
But the waiver can still be enforced if the DRC decides it wants to which is why we have also gotten legal disclaimers like ‘There is a reasonable prospect that a party, including the Company, will be granted a PE in respect of the Carriere de l’Este Mineral Resource. If Dathcom is granted a PE in respect of the Carriere de l’Este Mineral Resource, further negotiations will then be undertaken with the shareholders of Dathcom in relation to the terms of the mining joint venture’ in official announcements imo
Frank
Top 20
*Another HC Home Run i see
Lucas Don Velor
Regular
What about a cartoon/meme of Celestine being thrown under the rickshaw?!
Frank
Top 20
The Ministry of Mines strengthens the fight against fraudulent mineral exploitation
Cleaning up the Congolese mining sector was the focus of a meeting held this Friday, March 28, 2025, between the Ministry of Mines and representatives of mineral processing entities.
According to an official press release from the ministry relayed by the ACP (Congolese Press Agency), the discussions focused on the need for responsible and transparent sourcing.
The Minister of Mines, Kizito Pakabomba, strongly denounced the illegal practices that persist in the sector.
"It is unacceptable that some entities continue to source from uncertified sources, thus promoting fraudulent mining that harms our economy and the environment," he declared.
This initiative is part of the Congolese government's efforts to better regulate the exploitation and marketing of natural resources, with a view to maximizing economic benefits for the country and combating illicit channels fueling the informal mineral trade.
The Ministry of Mines intends to strengthen controls and collaborate with stakeholders in the sector to ensure a more transparent framework that respects environmental and economic standards.
mediacongo
*Thanks to the corrupt Clowns like Cominiere & Kizito 
Cleaning up the Congolese mining sector was the focus of a meeting held this Friday, March 28, 2025, between the Ministry of Mines and representatives of mineral processing entities.
According to an official press release from the ministry relayed by the ACP (Congolese Press Agency), the discussions focused on the need for responsible and transparent sourcing.
The Minister of Mines, Kizito Pakabomba, strongly denounced the illegal practices that persist in the sector.
"It is unacceptable that some entities continue to source from uncertified sources, thus promoting fraudulent mining that harms our economy and the environment," he declared.
This initiative is part of the Congolese government's efforts to better regulate the exploitation and marketing of natural resources, with a view to maximizing economic benefits for the country and combating illicit channels fueling the informal mineral trade.
The Ministry of Mines intends to strengthen controls and collaborate with stakeholders in the sector to ensure a more transparent framework that respects environmental and economic standards.
mediacongo
*Thanks to the corrupt Clowns like Cominiere & Kizito
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Frank
Top 20
According to mining sector specialist James Morrison, "Rio Tinto's interest in Congo's lithium assets represents a calculated long-term bet on lithium demand rebounding significantly as EV adoption accelerates globally. The current price depression actually creates an ideal entry point for well-capitalized players."
discoveryalert.com.au
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"I am just wondering how they know so much about the Roche Dure deposit?"Rio Tinto Enters Negotiations with Congo for Strategic Lithium Deposit
Discover how Rio Tinto's negotiations with Congo for the Roche Dure lithium deposit expand their battery materials portfolio.discoveryalert.com.au
Expansion on previous article!
I am just wondering how they know so much about the Roche Dure deposit? Sounds like we should be selling $10 tickets to the AVZ core sample library!
Does RIO have a head office in Perth ?Nigel might of had a BBQ . Invited a few mates.
Frank
Top 20
Industry consultant Maria Ndongo explains: "The Congo is becoming a competitive battleground for battery metals, with Western, Chinese, and increasingly Middle Eastern interests vying for access.
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Mr_Tones83
Regular
Interesting that this one doesn't mention AVZ at allRio Tinto Enters Negotiations with Congo for Strategic Lithium Deposit
Discover how Rio Tinto's negotiations with Congo for the Roche Dure lithium deposit expand their battery materials portfolio.
Expansion on previous article!
I am just wondering how they know so much about the Roche Dure deposit? Sounds like we should be selling $10 tickets to the AVZ core sample library!
If you mention AVZ the DRC won't talk to you.Interesting that this one doesn't mention AVZ at all
LOCKY82
Regular
Very weird it's almost hard to leave AVZ out of any kind of article involving manonoInteresting that this one doesn't mention AVZ at all
Two things come to mind with RIO's potential play:
1. It seems to be merely a commercial transaction, but without the security guarantees that the DRC is seeking, and
2. If successful, may ultimately be a cash plus scrip offer, which allows RIO to offer a premium over KoBold.
Regardless of who ultimately wins the cupie doll, I kinda think that more potential suiters will be running the numbers.
Cheers
F
1. It seems to be merely a commercial transaction, but without the security guarantees that the DRC is seeking, and
2. If successful, may ultimately be a cash plus scrip offer, which allows RIO to offer a premium over KoBold.
Regardless of who ultimately wins the cupie doll, I kinda think that more potential suiters will be running the numbers.
Cheers
F
Why the US wants BHP and Rio to get crazy rich in the Congo
BHP and Rio Tinto see just one problem with the big new copper mine Robert Friedland has built in the DRC. But the US government reckons it has the solution
I think I remember a RIO number plate photo shopped on Deboss' car at one point . An old wink wink thing back in the day .
Seeing all these posts on X reminds me of something that seems pertinent
Elon Musk decided he wanted Twitter so bought it outright for $44 Billion.
For Twitter.
So yes these Bilionaires can afford to drop some cash for Manono.
Yeeees rich people have gotten there by by frugal brutal business people, but they also cement their control by know not just when to be stingy, but when to wield their immense wealth like a hammer to make sure things go their way.
And Kobold, Rio etc are not negotiating with poor widdle stranded AVZ where they can bully a lowball price much as they're negotiating against China and their main weapon is their wallet.
Im still waiting on CATH's response to all this. I assume they're planning something in the background. I would assume some sort of counter/pre-emptive offer? Or maybe they'll just eat Zijin and then problems go away...
Elon Musk decided he wanted Twitter so bought it outright for $44 Billion.
For Twitter.
So yes these Bilionaires can afford to drop some cash for Manono.
Yeeees rich people have gotten there by by frugal brutal business people, but they also cement their control by know not just when to be stingy, but when to wield their immense wealth like a hammer to make sure things go their way.
And Kobold, Rio etc are not negotiating with poor widdle stranded AVZ where they can bully a lowball price much as they're negotiating against China and their main weapon is their wallet.
Im still waiting on CATH's response to all this. I assume they're planning something in the background. I would assume some sort of counter/pre-emptive offer? Or maybe they'll just eat Zijin and then problems go away...
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