AVZ Minerals becoming a world leader in lithium

Company News

by Rachael Jones

Lithium metal company, AVZ Minerals (ASX:AVZ) has confirmed the potential of its 60 per cent owned Manono Lithium-Tin-Tantalum Project in the Demoncratic Republic of Congo to become a world leader in the global lithium market.

Assay data from a number of drill holes in the area is encouraging.

The managing director says this is a significant advance for the project. Manono is now confirmed as the world’s largest lithium deposit with the second highest grade globally.

There is also an advantage in having a significant tin component to the company which could possibly help reduce operating costs as a by-product credit.

Shares in AVZ Minerals (ASX:AVZ) is trading flat at 14 cents. 
 

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