KoBold Makes Offer for Congo Lithium as Country Courts US, page-1733

First 1733 Last

Share
Profile

Follow
titan64

848 Posts.

1934

20/05/25

10:45

Post #: 79112087
Share

Originally posted by Amovatio: ↑

I would take too much notice of the opening paragraph from this Source at Metal Tech News..... can't interpret announcements accurately or was it intentional?

The Joint statement released by KoBold Metals and our own Nigel Ferguson on May 6 clearly stated in Point 3 of the announcement that " The agreement will enable KoBold to rapidly deploy more than US$1B to bring the Manono lithium to Western Markets" .

AVZ announced " it is supportive of future investment of US interests in the Manono Project and on 6 May 2025 agreed a non-binding framework with Kobold Metals Company to purchase AVZ’s interest in the Manono Project and supports the discussions between the Governments of the DRC and US to provide a safer, stronger and more prosperous Great Lakes Region.

The Joint Statement on May 6 also confirms "the framework entails AVZ selling its commercial interest in the Manono Lithium deposit to KoBold for fair value".

No mention anywhere in either Announcement of US$1B being to acquire AVZ's Minerals' stake in the Manono project..

Metal Tech News editorial work is as reliable as one of our forgotten pests from the AFR.

Expand

Mate how do people fall for this shite.
Pretty obvious isnt it .

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

First 1733 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

KoBold Makes Offer for Congo Lithium as Country Courts US, page-1733

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Monash IVF shares cater 25% – Disaster or deep-value play?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Featured News