“The receipt of the ministerial decree is leading to a watershed moment for AVZ and our partners… the official award of the mining licence is expected in a matter of days,” he said.
“This will pave the way for us to start developing what is arguably one of the most important new projects in the world which will significantly contribute to the global green energy transition.”Mr Ferguson said the company was advancing its early works program ahead of a final investment decision for Manono and the start of major works and first spodumene concentrate production towards the end of next year.
“We have maintained a strategic approach to developing this world-class project and we will continue to tick every box that will deliver long-term value to what we believe is the largest hard-rock lithium resource in the world, based on current proved and probable reserves.”
AVZ Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
