AVZ unveils big Manono lithium ambitions

AMBITIOUS lithium developer AVZ Minerals needs to find around US$545 million to develop a project in Democratic Republic of Congo with a post-tax NPV (using a 10% discount rate), of $1 billion.

AVZ unveils big Manono lithium ambitions AVZ unveils big Manono lithium ambitions AVZ unveils big Manono lithium ambitions AVZ unveils big Manono lithium ambitions AVZ unveils big Manono lithium ambitions

Manono, DRC

Based on a definitive feasibility study, average annual earnings for the 20-year Manono lithium and tin project would be $380 million (on an EBITDA basis), with a payback period of just over two

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