I am a happy clapper. Who just posts what is readily available, without doctoring the news.
Btw I have been called this name by a group of trolls in the past, who disappeared, when the SP marched up.
It looks like they picked themselves up and went from trucks stuck in the mud, ebola is going to wipe out eastern DRC, a flooding river with waves higher than the Eiffel Tower to our current event.
Ah All IMHO of course.
Look at the below news snippet, posted on Reuters 24/01/2022.
Ever wondered why Zijin never talked about 'their investment in Dathcom', until they mentioned it in their annual report?
Mining China’s Zijin Mining Launches First Lithium Search in DR Congo
January 24, 2022
China’s Zijin Mining Group said on Monday it had launched its first lithium exploration project via a joint venture with Democratic Republic of Congo-owned firm Cominiere
China’s Zijin Mining Group Co Ltd said on Monday it had officially launched its first lithium exploration project through a joint venture with Democratic Republic of Congo (DRC)-owned firm Cominiere.
The joint venture, called Katamba Mining, has secured mining rights to two greenfield exploration and mining projects at the periphery of the Manono lithium mine in the DRC, “in order to enhance Zijin’s competitiveness in new energy minerals,” the miner said in a statement.
Manono lithium mine is controlled by Australia’s AVZ Minerals, and the mine’s reserves of lithium oxide reach 8.78 million tonnes, the statement said.
Global demand for lithium is rising as the mineral is used in lithium-ion batteries for electric vehicles.
Earlier in November, Zijin Mining had also approved investment in a smelter for its Kamoa-Kakula copper project alongside Ivanhoe Mines in the DRC in a move to reduce reliance on third-party smelters.
• Reuters with additional editing by Jim Pollard
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
