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Deboss must be the frontrunner in that case
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Deboss must be the frontrunner in that case
Since Moollan was AVZ’s appointee, the right to name a replacement belongs to AVZ alone.
AVZ does not need the DRC’s permission or approval to select a specific individual, provided the new appointee is independent and qualified. So fuck you Felix and your family of syphilitic kleptocrats.
Cheers
F
Dave Evans
Regular
Apart from the usual bullshit in the article, it’s even more hilarious when you see who the author of the article is
One day after the reopening of its counter, which took place on February 3, 2026, the Mining Cadastre (CAMI) registered five new applications for research permits submitted by the company Kobold Exploration DRC SA. These requests are part of the implementation of the Agreement signed on July 18, 2025 between this company and the Congolese Government. The information was made public by the Managing Director of Kobold Exploration DRC SA, Benjamin Katabuka.
On this occasion, the company's manager, accompanied by his delegation, exchanged with the Deputy General Manager of CAMI, Jacques Muyumba Ndubula, on the progress of the project and the next steps in its implementation.
"It was essential for us to open this new phase of collaboration with CAMI, a central player in the development of the mining sector in the Democratic Republic of Congo," said Benjamin Katabuka. He also noted the continuous increase in mining research licence applications, illustrating investors' growing interest in potential Congolese mining.
The implementation of the Agreement signed on July 18, 2025 between Kobold Exploration DRC SA and the Government, through the CAMI, is an important turning point for the national mining sector. It aims to promote structured and transparent access to mineral resources, in strict compliance with legal and environmental obligations.
This development confirms the increased attractiveness of the Congolese mining sector and reflects the efforts made by the authorities to ensure fair treatment of files, thus helping to consolidate the confidence of investors that respect the legal and regulatory framework in force.
It should be noted that this dynamic contributes to the economic and social development of the DRC, by promoting the influx of investment, job creation and the enhancement of local skills in the mining sector.
Albert Einstein M
RDC : le CAMI enregistre 5 nouvelles demandes de permis de recherches de Kobold Exploration DRC SA | BETO.CD
Mines et industrie | Un jour après la réouverture de son guichet, intervenue le 3 février 2026, le Cadastre Minier (CAMI) a enregistré cinq nouvelles demandes de permis de
beto.cd
More pressure on Felix to put his house in order: https://x.com/Ludovicmilambo/status/2019435238103859502?s=20
Trump is playing nice for the moment
Trump is playing nice for the moment
I am sure that President Trump doesnt believe everything he says:https://x.com/petertiani007/status/2019474572651765975?s=20
Dave Evans
Regular
Trump to Bibi…. I won’t mention you bombing the shit out of Palestine and killing more than 70,000 Palestinians (including innocent women, children and babies) if we can build a resort there
Trump to King Salman bin Abdulaziz Al Saud…. I won’t mention you dismembering Jamal Khashoggi if you buy $110 billion of weapons from us immediately
Trump to Putin…. I won’t refer to the attack on Ukraine as an invasion if there’s no secret tapes of golden showers with Russian prostitutes
Trump to Tshisekedi…. I don’t see any corruption, money laundering, election irregularities or people living in poverty in the most mineral rich continent on earth if we get the rights to your critical minerals
Trump to the UN…. Give me a Nobel Peace Prize or I’ll form my own UN with Israel, Saudi Arabia, Russia and the DRC
Trump to the world…. That lesbian in the car and bloke in Minnesota who was shot 10 times while being held down by ICE agents asked for it, oh by the way I’m building more nuclear weapons and all the rioters at the January insurrection that I pardoned are doing well, in fact they would probably make great ICE agents
Oh…. And let’s make America great again
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And yet Trump has done more for AVZ Shareholders than Albanese/Penny Wong & Biden combined.
Albanese was quite happy to watch AVZ Minerals fall over - I have seen no support coming from our Government; including myself writing directly to a number of Ministers.
And yet for doing nothing the Albanese Government will have their hands out when it comes to their government getting a share of our earnings.
It is fortunate that Trumps interests are aligned to ours - you don't have to like the man, but we wouldn't be where we are today if it wasn't for him.
SilentOne
At the 2025 AGM, Nigel Ferguson was asked directly if the Australian government had provided AVZ with any assistance.
Nigel's response was an emphatic...NO.
Cheers
F
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marksmann007
Regular
Dave Evans
Regular
Link: https://x.com/mjkcongo/status/2021921027442241784?s=20
We are happy to sell our interests to anyone that is prepared to pay a premium for the worlds largest proven Lithium deposit and cheapest to extract.
The premium is to compensate shareholders for the pain and suffering that the DRC has unleashed on shareholders by failing to follow your own laws.
Dont blame the West for your own misfortunes and abject poverty, blame those that you have voted in to govern the DRC.
Link:
We are happy to sell our interests to anyone that is prepared to pay a premium for the worlds largest proven Lithium deposit and cheapest to extract.
The premium is to compensate shareholders for the pain and suffering that the DRC has unleashed on shareholders by failing to follow your own laws.
Dont blame the West for your own misfortunes and abject poverty, blame those that you have voted in to govern the DRC.
Link:
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Samus
Top 20
Trump aides urged sale of Congo lithium claim to a US company
Story by Joe Deaux, Sheridan Prasso, William Clowes and Michael J Kavanagh(Bloomberg) -- During a meeting at the White House last month, Trump administration officials urged an Australian mining executive to sell his firm’s interest in a major African lithium project to a US company — an unusual session that offers a rare, behind-the-scenes glimpse into the administration’s deal-brokering as it pursues an ambitious and controversial policy on critical minerals.
People familiar with the Jan. 21 meeting described it as an effort by the White House and US State Department to persuade Perth-based AVZ Minerals Ltd. to sell its claim to the Manono lithium deposit in the Democratic Republic of Congo to a US firm. The people asked not to be named to discuss sensitive matters.
“The White House encouraged AVZ to do a commercially responsible deal with an American company — but did not nominate a specific company,” Nigel Ferguson, AVZ’s managing director, said in a statement responding to questions from Bloomberg News. “They are not putting pressure on AVZ to do a deal with a specific company, but with any vetted, genuinely American company.”
The only US firm that’s known to have an interest in taking over AVZ’s claim to the Manono lithium project is KoBold Metals, a Berkeley, California-based, AI-driven exploration startup whose backers include billionaires Bill Gates, Jeff Bezos and Marc Andreessen. KoBold, which has the support of the Congolese government, has offered to acquire AVZ’s interest at a price that AVZ executives consider far less than reasonable, according to people familiar with the offer. KoBold declined to comment. The firm’s interest in Manono was first reported by Bloomberg last March.
The US State Department also declined to comment. In response to questions about the Jan. 21 meeting, a US official said the administration is working in collaboration with Congolese officials “to identify opportunities for US investment throughout the DRC including the critical minerals sector.”
Descriptions of the White House meeting provided to Bloomberg News reflect the Trump administration’s new approach to boosting projects and companies it deems critical to US national security. Lithium is key for making rechargeable batteries, mainly used in electric vehicles but also in military communications equipment, drones and weapons systems.
During the session, US officials including special adviser to the president David Copley and State Department adviser Chris Kulukundis made clear that getting access to Manono — one of the largest hard-rock lithium deposits in the world – is a top priority for American officials, including President Donald Trump, who are working to reduce China’s commanding lead in securing supplies of critical minerals.
“Because of how distorted supply chains have become due to China’s dominance, we can’t go into this competition for access by playing by Marquess of Queensberry rules,” said J. Peter Pham, a former US special envoy to Congo and its surrounding region during Trump’s first term. He’s currently a distinguished fellow at the Atlantic Council’s Africa Center in Washington and executive chairman of a firm developing an iron-ore mine in the West African nation of Guinea. The Queensberry rules, established in 1867, created modern boxing in part by replacing bare-knuckled fighting with mandatory gloves.
With respect to Manono, the Trump administration has some potential leverage: An economic partnership agreement with Congo that’s designed to give American investors preferential access to some of Congo’s abundant mineral reserves also calls for strengthening the two nations’ “cooperation in security, defense and protection of critical infrastructure.” That pact, which was announced in December, could serve as a framework for providing enhanced security for a mine and related facilities — no small consideration in Congo, where thousands of people were killed last year alone in fighting between rebels backed by neighboring Rwanda and Congolese forces.
The rebels, known as M23, currently occupy a vast area in Congo’s eastern provinces a few hundred miles from Manono, but they have at times threatened to move south toward Tanganyika province in southeastern Congo where the mining project is located. Over much of last year, Trump and his administration sought to quell the violence and enhance US influence over Congolese affairs by brokering a peace agreement known as the Washington Accords. Trump, accompanied by leaders from Congo and Rwanda, signed the accords in December. The shakiness of the pact was highlighted just days later when the M23 captured a third major Congolese city before withdrawing a few days later.
It’s unclear what form any enhanced security might take, but foreign policy experts in Washington said the Manono discussions fit into a broader pattern of the US seeking “minerals-for-security” deals around the world.
“There’s something that the US gets as well,” said Heidi Crebo-Rediker, a senior fellow on the Council on Foreign Relations and the co-author of a report published this month on how the US can leapfrog China to dominate critical-mineral supply chains. “It’s a much more forceful approach than we’ve seen in the past. We’ve moved from carrots to sticks.”
Pham agreed. “If you want to benefit from America’s diplomatic and security cover, the US is going to want American companies to have privileged access to economic opportunities in line with Washington’s strategic investment in partnership,” he said.
It sounds to me like a material shift in tone to say, ‘sell it to the Americans’
Pressing for a sale to a US firm would represent a new edge in US policy, said Peter Harrell, a former Biden administration economic adviser who’s now at the Carnegie Endowment for International Peace.
“It isn’t uncommon for US government officials to meet with a foreign company that has a strategic asset it might be selling and saying: ‘We’d like for that to not end up in Chinese hands,’” said Harrell, who previously worked at the State Department and the White House and said he’d been involved in such conversations. “It sounds to me like a material shift in tone to say, ‘sell it to the Americans.’”
AVZ’s rights to the Manono project have a convoluted history. Congo revoked the mining permit in 2023, after the Australian company had found Manono to contain one of the largest hard-rock lithium deposits in the world. The authorities then awarded the northern half of the concession to China’s Zijin Mining Group Co., which is set to start producing the mineral in mid-2026. AVZ has initiated international arbitration cases to recover the entire exploration license.
KoBold, the US firm, wrote to the office of Congo’s president in January 2025 to say that in order to advance its plans for mining the southern part of Manono, AVZ would need to receive “appropriate compensation” and agree to transfer all its interests in Congo to KoBold.
State-owned Cominiere SA now owns the license covering the southern portion of Manono, according to Congo's register of mining rights. “It's ill-advised for AVZ to engage in negotiations about a permit which doesn't belong to it,” said Managing Director Celestin Kibeya.
Complicating matters further is that a Chinese joint venture involving Contemporary Amperex Technology Co., or CATL, the world’s largest battery manufacturer, is AVZ’s biggest shareholder and has an agreement with the Australian company to purchase Manono’s lithium production. That investor is also funding AVZ’s arbitration campaign.
During last month’s White House meeting, officials expressed urgency to secure a deal. Last week, Secretary of State Marco Rubio played host to a major ministerial meeting of global government officials involved in critical minerals. As part of the ministerial-level event, the US and its allies pitched price floors as a way to shield Western critical minerals companies from China’s dominance of the global market.
Manono is just one of several mining projects Congolese and US officials have identified as key to the Washington Accords. Another part of the negotiations entailed finding a US buyer for Chemaf SA, which received financial backing from Trafigura Group and is building one of the world’s largest cobalt mines.
Chemaf put itself up for sale more than two years ago after a slump in cobalt prices stalled expansion works. The heavily indebted company scrapped a deal with a Chinese firm 10 months ago because Congo withheld the necessary approvals. US officials in the Biden administration also urged the central African country to prevent the transaction, Bloomberg has previously reported.
A firm headed by veterans of the US military and intelligence services agreed to buy Chemaf, Bloomberg reported last week. The company, Virtus Minerals Inc., will pay an undisclosed sum for Chemaf and assume the firm’s liabilities, including debt owed to Trafigura, Managing Director Phil Braun said.
In an email at the end of January, Virtus told Chemaf that Virtus had received the support of the US State Department. The email, which was reviewed by Bloomberg News, was carbon copied to Kulukundis, the State department adviser.
A third Congolese mining project singled out for US investment is the tantalum deposits at Rubaya in eastern Congo, but any progress would be impossible until the M23 withdraw from that area.
Congolese officials believe US political pressure in the region has been crucial for halting further advancement of the M23. China’s Zijin is planning an export route for the Manono lithium via Kalemie port on Lake Tanganyika, 450 kilometers (280 miles) away, and it’s currently building a road to the port.
Manono’s lithium would be boarded onto ships bound for Tanzania on the other side of the lake, and ultimately to China and global markets.
“The fact is, markets have failed. It’s ended up in a near-monopoly situation of China controlling 80% of processing for critical minerals,” Pham said. “The solutions of the past aren’t sufficient.”
Let's not be greedy - no need to charge a premium, especially if the yanks can get things moving. I'll happily settle just from an appropriate fair value sum of $20B
Yes you are correct-I was being a little too ambitious
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