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Category: Lithium

AVZ Minerals Mining technology International Lithium 

Finland launches new battery metal traceability project amid Covid-19

arnbethnic
VTT Technical Research Centre of Finland and the Geological Survey of Finland GTK have launched a new battery materials tracing platform, the Battrace project, aimed at enhancing sustainability in the mining industry. The Battrace project also focuses on the processes which metals undergo after being extracted from ore and refined into high-quality raw materials for battery material manufacturers.  The total project’s budget is about €5.8m, €2.7m of which is allocated for research. The funding comes from Business Finland and its research partners, along with the following companies: Finnish Minerals Group,… Read More Here
AVZ minerals drilling works Lithium Mining in DRC 

Yibin Tianyi to invest A$10.6 million in AVZ Minerals | DRC

arnbethnic
AVZ Minerals has announced an equity placement of A$10,687,500 to Yibin Tianyi Lithium Industry through the issue of 237,500,000 shares at 4.5 cents per share. Upon completion of the Placement, Yibin Tianyi will hold the equivalent of a 9% stake in AVZ. Under the new amended Subscription Agreement, Yibin Tianyi will not be entitled to an AVZ Board seat. AVZ’s MD, Nigel Ferguson, says: “Upon completion, the Board is pleased to finally and officially welcome Yibin Tianyi as a shareholder. “Yibin Tianyi has remained committed to becoming an investor in… Read More Here

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