Ann: AVZ signs MoU with Guangzhou Tinci Materials Technology Co, page-122

From today's announcement in regard to AVZ's MOU with Tinci:

"Tinci is the largest battery electrolyte manufacturer globally and supplies a substantial portion of the global battery electrolyte market. Tinci has invested in Ronghui Industry and Jiangxi Lithium and other lithium carbonate manufacturers."

Says it all doesn't it, and what sought of lithium do they want???. That's right, high grade hard rock lithium, at surface, easy and cheap to mine, (not brine-impurities-not suitable for lithium hydroxide production, environmentally problematic, and years to come on line/approvals/funding/slowed by evaporation, difficult to access in China, Chile has severely handicapped SQM/Albermerle with shocking new royalties, up to 40%!,  potash over supply etc.), and AVZ has potentially the largest hard rock lithium deposit in the world multiple times, with tin/tantalum credits(tier one tin resource) to pay for lithium mining and processing.

Also, do not forget the other importance of tin, with way more tin needed for electric vehicles because of having far more electrical parts(solder) than internal combustion engines. Very importantly tin alloy anodes have been found to hold twice the charge than conventional anodes in lithium-ion batteries, which would double the driving range for current electric vehicles; a game changer! Thus there are a number of patents out now for new lithium lithium ion batteries using tin!

AVZ can be the largest and lowest cost producer of lithium, and thus we are sought after because its owners would have the potential to control lithium pricing and supply; a worth prize indeed!  As I said before you cannot deny what is in the ground(outstanding fundamentals),  and I will expect to hear more of these stellar announcements as we continue to roll out results with multiple drill rigs in operation of our 40,000 metre drill program! Klaus Eckhof's "phone does not stop ringing" for nothing,

Honestly, the current SP in my opinion is a bargain. With what is expected to come can anyone seriously afford not to take a position ASAP!

AIMO



AVZ Minerals de-risks Manono after scoring MoU with world’s largest lithium-ion battery electrolyte maker

By
Lorna Nicholas
-
March 7, 2018
https://*********.com.au/wp-content/uploads/2018/03/AVZ-Minerals-ASX-Manono-MoU-worlds-largest-lithium-ion-battery-electrolyte-maker-Guangzhou-Tinci-Materials-Technology-640x400.jpg
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A day after announcing it had drilled into another massive spodumene intersection at Manono, AVZ Minerals (ASX: AVZ) has secured a potential lithium offtake deal with the world’s largest lithium-ion battery electrolyte manufacturer Guangzhou Tinci Materials Technology Co (Tinci).
The memorandum of understanding between the parties paves the way to advance negotiations and formalise offtake and investment agreements.
“We are pleased to progress discussions with Tinci, as they are a well-regarded company globally and significant in the battery materials supply chain,” AVZ executive chairman Klaus Eckhof stated.

“AVZ continues an active dialogue with multiple Chinese groups seeking investment opportunities in the company and project,” he said, adding, the company anticipating making further announcements regarding these discussions in the “coming weeks”.
Manono’s massive visible spodumene intersections

Only yesterday, AVZ reported it had pulled out another huge intersection with observable spodumene from resource drilling at the Roche Dure pegmatite within Manono in the Democratic Republic of Congo.
The intersection was 282.95m thick and is in similar proportions to the record intersection announced late February of 295.05m.
Although assays are pending, the spodumene is visible to the naked eye and the thickness has exceeded AVZ’s expectations of 230m!
After a slight delay, four drill rigs are anticipated to be operational at Manono within the next few weeks, with a fifth on its way from South Africa. (note-from yesterday's company announcement: ("four rigs to be operational at site by mid-March!" A fifth rig has been mobilised from South Africa.")

A maiden JORC-compliant resource estimate is anticipated to be released from the first 20,000m drilling campaign sometime in the next quarter.
AVZ has a conceptual resource target of 1.2 billion tonnes grading 1.5% lithium. However, at this stage, this is purely anticipation and not JORC-compliant.
High-grade lithium rock chips from Carriere de l’Est

In addition to its flagship Roche Dure pegmatite, AVZ has identified the Carrier de l’Est pegmatite as another significant target after rock chip samples assayed up to 4.33% lithium.
Once drilling has wound up at Roche Dure, AVZ plans on drilling Carriere de l’Est as its second target.

AVZ has a 60% interest in the main Manono tenement which hosts two historic operations. The tenement covers 188 square kilometres, and AVZ has a 100% in a further 242.25sq km of surrounding tenements. AVZ’s share price dipped 2% in early morning trade to A$0.235.

For above article: go here

AVZ under promises and over-delivers in my opinion.

Already 4 world record lithium intercepts:

• 295.05* @ 1.66% Li2O (Roche Dure Pegmatite)-tin to be assayed. *world record intercept
• 282.95m lithium/tin to be assayed (Roche Dure Pegmatite)*world record intercept
• 250.9m* @ 1.48% Li2O, 913ppm Sn (Carriere de L’Est Pegmatite) *world record intercept
• 235.0m* @ 1.66% Li2O, 1001ppm Sn (Roche Dure Pegmatite)*world record intercept
• 202.8m* @ 1.57% Li2O, 1078ppm Sn (Roche Dure Pegmatite)

Exploration target REGULARLY UPGRADED!.....from 400m-800m to ONE to ONE point TWO BILLION TONNES of 1.25-1.5%Li2O, and now with our largest pegmatite Carriere de L'est(5.5km long) added to the 40,000 metre drill program....TWO BILLION TONNES???