This ensures that AVZ is well positioned with A$19.6 million, before costs, available to advance the development of its flagship Manono Project
“We are disappointed with the outcome of the FIRB application process but will double down to bring our world-class Manono Project into production.”
ASX-listed lithium junior AVZ Minerals has confirmed what it says are outstanding project metrics for its DRC-based Manono lithium and tin project following completion of the definitive feasibility study.
ASX-listed AVZ Minerals subsidiary, AVZ Power, as signed an MoU with the Democratic Republic of Congo’s Ministry of Hydraulic Resources and Energy to investigate the feasibility of refurbishment of the Mpiana-Mwanga hydro-electric power station on Luvua River and associated power grids in the Manono Territory in the Democratic Republic of Congo.
ASX-listed AVZ Minerals has appointed EmiAfrica to conduct environmental and social impact studies at its tier one Manono lithium and tin project in the Democratic Republic of Congo.