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AVZ unveils big Manono lithium plans

Ambitious lithium developer AVZ Minerals needs to find about 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 plans AVZ unveils big Manono lithium plans AVZ unveils big Manono lithium plans AVZ unveils big Manono lithium plans AVZ unveils big Manono lithium plans

Manono in the 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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