Manono lithium and tin project

ASX-listed AVZ Minerals is a mere 12 weeks away from its next milestone – a clear plan of action in delivering its Manono lithium and tin project in the Democratic Republic of Congo.

ASX-listed AVZ Minerals has secured the rights to an additional 10% equity stake in the Manono lithium and tin project in the Democratic Republic of Congo - increasing its equity stake in the project to 75%.

AVZ Minerals has issued a number of pre-mining infrastructure tender packages for the Manono lithium and tin project in the Democratic Republic of Congo.

This ensures that AVZ is well positioned with A$19.6 million, before costs, available to advance the development of its flagship Manono Project

ASX-listed AVZ Minerals is 95% complete with the definitive feasibility study at the Manono lithium and tin project, which is on schedule to be released by the end of 31 March 2020.

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.

AVZ Minerals advises an equity placement of A$14.1 million to Yibin Tianyi Lithium through the issue of 314,300,000 shares at 4.5 cents per share.

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.

ASX-listed AVZ Minerals has appointed Perth-based engineering design and construction contractor GR Engineering Services as the definitive feasibility study engineer for the Manono lithium and tin project in the Democratic Republic of Congo.