THE AVZ MINERALS STORY

[Dave Evans]

AVZ Minerals Videos

 

[MoneyBags1348]

Some terrific information with links, posted by @JAG and @Mute22 today.

The ICC Arbitration Rulings against Cominiere and Media Coverage relating to AVZ’s cases and the corruption AVZ has been fighting in the DRC since 2022

JAG​

Top 20​

The full transcript is a read and a half.
The delays, the tactics and even the balls to ask the emergency arbitrator to have AVZ pay all legal costs even after we won fucking clowns.

https://avzminerals.com.au/s/20250310-27720-SVE-Copie-de-Courtoisie-de-la-Sentence-Partielle_en.pdf

Mute22​

Regular​

We’ve had more media coverage in the past 24 hours than in the last three years—so let’s keep the momentum going.

I’ve linked all the coverage below, and I expect even more in the next 48 hours, I will keep this updated:

• Mining.com: AVZ Minerals scores legal victory against Congo over disputed lithium mine
• Mining weekly: Australia's AVZ Minerals scores legal victory against Congo over disputed lithium mine
• Reuters: Australia's AVZ Minerals scores legal victory against Congo over disputed lithium mine
• The Australian: US posture on Aussie lithium miner to raise heat with China (Paywall)
• The Australian: AVZ breaks silence over US talks on Congo lithium project (Paywall)
• Finimize: AVZ Minerals Triumphs In Battle For Manono Lithium Rights
• The Advertiser: Aussie lithium explorer scores an international court legal victory over DRC and Chinese claim
• Bloomberg: Congo State Miner Must Pay €39 Million to Australia's AVZ in Lithium Dispute(Paywall)
• Herald Sun: US confirms its critical minerals agenda as fallen miner AVZ chases an improbable African prize
• Herald Sun: Aussie lithium explorer scores an international court legal victory over DRC and Chinese claim
• MSN News: Australia's AVZ Minerals scores legal victory against Congo over disputed lithium mine
• Courier Mail: Trump challenge lifts the hopes of a great escape for troubled lithium company AV
• Channel Africa: Australia's AVZ Minerals scores legal victory against DRC over disputed lithium mine
• Discovery Alert: AVZ Minerals Secures Legal Victory in Congo Lithium Dispute
• Discovery Alert: AVZ Minerals Wins Landmark Legal Battle Over DRC Lithium Project
• Engineering News: Australia's AVZ Minerals scores legal victory against Congo over disputed lithium mine
• Electionnet: DRC/Lithium de Manono: the country loses against AVZ Minerals, Cominière must pay €39.1 million
• AFR: (I could not verify there are any actual journalists working here)

Media pressure works. It’s the fastest way to get legislative attention, and right now, we have it.

Fantastic work fellas

 

[Dave Evans]

Commodities, Exploration/Development, Lithium, News​

Rio Tinto eyes lithium behemoth in the DRC​

TOM PARKER

AVZ Minerals has been fighting to maintain control of its Manono project in the Democratic Republic of Congo (DRC), with Rio Tinto and a Bill Gates-backed company eyeing the asset.

AVZ had its rights to develop Manono revoked by the DRC in 2023, with the country’s mines ministry determining the Perth-based company hadn’t advanced the project fast enough.

The asset was split into two, with China’s Zijin Mining Group granted the northern section of Manono. DRC’s state-owned Cominière was recently ordered to pay€39.125 million ($69.6 million) for mishandling the termination of its joint venture with AVZ regarding the northern block of Manono.

AVZ said it recently travelled to the US as it looks to raise funds for its Manono endeavours, where the company maintains hope of securing and developing the project.

The company engaged in conversations with various parties, some of whom expressed interest in Manono.

AVZ’s efforts isn’t stopping others enquire about Manono, particularly the southern Roche Dure deposit not held by Zijin Mining.

Rio Tinto has pitched its interest in Roche Dure, with reports it carried out talks with the DRC Government regarding the prospect in late March.

Bloomberg also reported that KoBold Metals – a US exploration company backed by the likes of Bill Gates and Jeff Bezos – expressed its interest in developing the project in January.

The size of Manono significant, with AVZ suggesting its two main pegmatites, Roche Dure and Carriere de l’Este, are a “similar size or larger” than the pegmatite that supports the world’s largest hard-rock lithium mine, Greenbushes in WA.

The Roche Dure mineral resource stands at 400 million tonnes (Mt) at 1.65 per cent lithium oxide, including 269Mt at 1.65 per cent lithium oxide of measured and indicated resources.

“At this size, Roche Dure stands as one of the largest and highest grade undeveloped hard-rock lithium deposits in the world,” AVZ said.

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Rio Tinto eyes lithium behemoth in the DRC

AVZ Minerals has been fighting to maintain control of its Manono project, with Rio Tinto and a Bill Gates-backed company eyeing the asset.

www.australianresourcesandinvestment.com.au

Includes link to Bloomberg story

Rio Tinto Has Talks With Congo Over Prize Lithium Deposit​

Should Rio secure a deal, it would signal an escalation in the miner’s appetite to operate in some of the world’s most challenging jurisdictions.

Photographer: Cynthia R Matonhodze/Bloomberg
By William Clowes, Thomas Biesheuvel, and Michael J Kavanagh

28 March 2025 at 11:51 pm AEDT
Updated on
29 March 2025 at 3:03 am AEDT

Rio Tinto Group has held talks with the Democratic Republic of Congo about developing one of the world’s biggest hard rock lithium deposits, in the latest sign of the miner’s enthusiasm for the battery metal.

The conversations in recent weeks with Congolese authorities focused on Rio getting involved in transforming the Roche Dure resource into a lithium mine, according to people familiar with the matter. The discussions are at a preliminary stage and might not result in any agreement, the people said.

Rio Tinto Talks With Congo Over Developing Prize Lithium Deposit

Rio Tinto Group has held talks with the Democratic Republic of Congo about developing one of the world’s biggest hard rock lithium deposits, in the latest sign of the miner’s enthusiasm for the battery metal.

www.bloomberg.com