CNPAV Urges Probe into Cominière’s Handling of Manono Lithium Deposit
In a press release issued on Friday, May 10, the Congo Is Not for Sale (CNPAV) coalition demanded an official investigation into the management of the Kitotolo-Manono lithium deposit by Cominière, a state-owned mining company in the Democratic Republic of Congo (DRC).
The CNPAV alleges that Cominière received $70 million from Zijin Mining, a Chinese company headed by Jean David E’ngazi, who also sits on the board of directors of Cominière.
The “donation,” as termed by CNPAV, was part of a joint venture agreement for the exploitation of the Kitotolo-Manono lithium deposit, located in Tanganyika.
This deposit holds significant economic potential for the DRC, particularly in the context of the energy transition, given its importance in electric vehicle battery production.
However, CNPAV highlights numerous accusations of corruption and mismanagement surrounding the Manono lithium deposit.
CNPAV insists that the investigation should encompass the ministries of Mines and Portfolio, both actively involved in mining management in the DRC.
The coalition calls for disciplinary action against board members implicated in the transaction, urging the return of funds to the public treasury.
Additionally, CNPAV advocates for an independent audit of funds already received and spent by Cominière, with the results to be used for legal action against those involved.
Cominière has previously faced accusations from the General Inspectorate of Finance (IGF) of selling off state assets and squandering profits. The controversy surrounding the award of the Manono deposit to AVZ Minerals in 2016 adds to the scrutiny.
CNPAV argues that the Congolese government should have conducted a competitive bidding process to negotiate an agreement from a position of strength. Instead, it allowed Cominière to engage in direct negotiations with Zijin Mining, bypassing proper procedures.
