DRC: AVZ Minerals’ Scoping Study Reveals US$1.6 Billion Net Present Value for Lithium Project in DRC
Oct 9, 2018
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Proactive Investors
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AVZ managing director Nigel Ferguson said the Manono Lithium Project is now the largest undeveloped hard rock lithium project globally in terms of grade, mine life and expandability. AVZ Minerals Ltd (ASX:AVZ) has revealed a pre-tax, pre-royalties net present value of about US$1.6 billion (AVZ’s 60% share: US$0.93 billion) for the Manono Lithium Project in the Democratic Republic of Congo.