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AVZ Minerals

AVZ hails 'significant' lithium find in quest to fuel China EV batteries

Mon, 02/25/2019 - 00:00 -- John Shepherd

Australia-listed mining firm AVZ Minerals has announced a “potentially massive” new lithium deposit discovery in the Democratic Republic of Congo to shore up moves to supply electric vehicle battery makers in China.

MD Nigel Ferguson said the discovery confirms Carriere de l’Este “as a significant lithium deposit to potentially exceed” AVZ’s nearby Roche Dure deposit in the Manono project— 500 kilometres north of Lubumbashi in the south of the country.

AVZ said initial drilling at Carriere de l’Este “confirms widespread, high-grade spodumene lithium mineralisation over thick intersections”.

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