The Manono Lithium Mine in Congo. AVZ says that it owns a 75 per cent stake in the mine, and that it will ultimately own an indirect interest worth 51 per cent of the project. Photo: Handout
The Manono Lithium Mine in Congo. AVZ says that it owns a 75 per cent stake in the mine, and that it will ultimately own an indirect interest worth 51 per cent of the project. Photo: Handout
Electric & new energy vehicles
Business /  China Business

Chinese miner Zijin locks horns with Australia’s AVZ over Congo’s Manono Lithium Mine in dispute about 15 per cent stake that could decide who controls project

  • Zijin says it is the legitimate owner of a 15 per cent stake in Congo’s Manono Lithium Mine, denies AVZ claim that transfer was ‘spurious in nature’
  • 15 per cent stake could result in the project falling under Chinese or Australian control

Iris Ouyang
Iris Ouyang in Shenzhen

Updated: 12:00pm, 10 May, 2022

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The Manono Lithium Mine in Congo. AVZ says that it owns a 75 per cent stake in the mine, and that it will ultimately own an indirect interest worth 51 per cent of the project. Photo: Handout
The Manono Lithium Mine in Congo. AVZ says that it owns a 75 per cent stake in the mine, and that it will ultimately own an indirect interest worth 51 per cent of the project. Photo: Handout
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