Chinese back AVZ's DRC development

LITHIUM’S annus horribilis may show few signs of easing, but the company that claims the world’s largest hard rock resource, AVZ Minerals, has taken a big step forward, finding Chinese backing to the tune of A$14.1 million and a potential binding offtake arrangement.

Chinese back AVZ's DRC development Chinese back AVZ's DRC development Chinese back AVZ's DRC development Chinese back AVZ's DRC development Chinese back AVZ's DRC development

Manono.

AVZ said this morning that emerging lithium chemical producer Yibin Tianyi will take a 12% stake in the company via the issue of 314.3 million shares at 4.

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