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AVZ documentation for mining Manono license under consideration

May 17, 2021May 17, 2021 admin

AVZ Minerals has announced all of the required documentation to support its application for the Permis d’Exploitation in respect to the Manono Lithium and Tin Project has been lodged and accepted for consideration by the Cadastre Minier in Kinshasa. The documentation and formal application – which were submitted by AVZ’s majority-owned DRC company, Dathcom Mining SA, will now be assessed by the DRC Government prior to approval of the granting of the Mining Licence for the Manono Project as soon as practicably possible. AVZ’s MD, Nigel Ferguson, says: “Lodging our… Read More Here

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Copper, cobalt, lithium, nickel & tin, among the materials that will dominate the green and digital transition

May 10, 2021May 10, 2021 admin

A new report from Fitch Solutions predicts that certain “conventional” raw materials will receive an additional boost over the next 20 years, as they take center stage in green and digital transitions. These products include copper, nickel, tin, aluminum and rare earths which, along with lithium and cobalt, are expected to experience a boom in demand over decades in the midst of the battery revolution. . “While the ‘traditional’ base metal mining and refining sectors such as copper, nickel, tin and aluminum are well established, we note that the lithium… Read More Here

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DRC Council of Ministers approves the draft decree relating to collaboration between Govt and AVZ MINERALS LTD

May 9, 2021May 9, 2021 arnbethnic

The second meeting of the Council of Ministers held on Friday, May 08, approved the Draft Decree approving the collaboration agreement signed between the government of the DRC and the firm AVZ MINERALS LTD. This draft decree presented by the Minister of Industry, Julien Paluku Kahongya, was referred to the competent interministerial Commission before its return to the Council of Ministers for adoption. “The Draft Decree approving the Cooperation Agreement signed between the Government of the Democratic Republic of the Congo and the firm AVZ MINERALS LTD as well as the… Read More Here

Lithium Mining in DRC

Local Lithium processing plants at the basis of exchanges between Julien Paluku and several experts

May 7, 2021May 7, 2021 admin

Experts from sectoral Ministries, the Presidency of the Republic, the Prime Minister’s office and employers’ organizations including FEC and FENAPEC met, around Minister of Industry Julien Paluku, in Kinshasa as a prelude to the upcoming holding in the Congolese capital of Business Forum. These meetings will focus on the theme: “DRC Business Forum: developing a value chain and a market for electric batteries and renewable energies in Africa.” The objective is to mobilize the various partners to launch the transformation of Lithium based in the territory of Manono in Tanganyika and… Read More Here

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Metals price rally could hamper switch to green energy — IEA

May 6, 2021May 6, 2021 admin

Soaring metals prices may be good for miners, but they put at risk the ongoing transition to clean energy as batteries, solar panels and wind turbines need considerable amounts of copper, nickel, cobalt, lithium and other minerals to be manufactured, a new report warns. According to The International Energy Agency (IEA), reaching the goals of the Paris climate agreement would result in a quadrupling mineral demand by 2040. Yet a lack of investment in new mines could substantially raise the costs of clean energy technologies, the IEA said on Wednesday. “The… Read More Here

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Manono Lithium and Tin Project Operational Update

May 4, 2021May 10, 2021 admin

AVZ Minerals Limited (ASX:AVZ or “the Company”) is pleased to provide an operational update in relation to its flagship project, the Manono Lithium and Tin Project (“Manono Project”).AVZ Minerals Managing Director, Mr. Nigel Ferguson said: “Buoyant market conditions continue with both spodumene concentrate and lithium chemical prices strengthening on the back of rising electric vehicle demand, just as international Government policies advance the reduction of carbon emissions whilst securing strategic supply chains that feed domestic EV industries across the globe.” “Both market and geopolitical factors have fuelled a steep increase… Read More Here

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Copper And Lithium Compete For The Title Of ‘New Oil’

April 30, 2021April 30, 2021 admin

Oil remains king of the energy sector, for now, but there’s a conga line of pretenders poised to claim the crown including copper which Goldman Sachs hailed last week as “the new oil”. The reasoning of analysts at the investment bank is that copper will play a key role in the rush to replace vehicles with internal combustion engines with electric vehicles (EVs) as well as being essential in everything else which uses electricity. Whether it’s going too far to award copper the title of commodity king is debatable, but… Read More Here

Lithium

IronRidge reports high lithium grades at Ghana project

April 20, 2021April 20, 2021 admin

Africa-focused minerals explorer IronRidge Resources has found additional high-grade lithium pegmatite drill intersections, including multiple drill intersections over 2% lithium oxide, at new targets adjacent to the Ewoyaa lithium project (ELP), in Ghana. The company has a defined Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimate of 14.5-million tonnes at 1.31% lithium oxide (Li2O) in the inferred and indicated category, including 4.5-million tonnes at 1.39% Li2O in the indicated category at ELP. Commenting on IronRidge’s latest progress, CEO Vincent Mascolo says the company has “defined a new mineralised structure at the Anokyi South target where a… Read More Here

Mining in DRC Lithium Tin

AVZ nails stunning lithium drill hits in the DRC

April 12, 2021April 12, 2021 admin

ASX-listed aspiring Central African lithium developer, AVZ Minerals’ resource drill out has reeled off a further batch of stunning thick, high-grade pegmatite drill hits from beneath the Roche Dure open-pit floor at its Manono hard-rock lithium and tin project in the Democratic Republic of the Congo. The Perth-based company says it has now kicked off an update of the existing mineral resource estimate for the massive Roche Dure deposit, which currently hosts 400 million tonnes of ore at an average grade of 1.65 per cent lithium oxide. The latest set… Read More Here

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AVZ signs binding SC6 offtake agreement with lithium converter

March 30, 2021March 30, 2021 admin

AVZ Minerals has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry. The Company and Yibin Tianyi have signed a binding offtake agreement for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project. Yibin Tianyi is a leading global battery materials producer that is continuing to expand its lithium hydroxide production capacity as a key participant in the supply chain of Contemporary Amperex Technology (CATL), the world’s largest lithium-ion battery maker. AVZ’s MD, Nigel Ferguson, said: “We are very pleased to conclude our… Read More Here