Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ avz minerals limited

0.00%

78.0¢

KoBold Makes Offer for Congo Lithium as Country Courts US, page-2012

First 2012 Last

Share
Profile

Follow
tolate

13,391 Posts.

1254

26/05/25

11:01

Post #: 79187515
Share

Originally posted by apsludh: ↑

The US wants AVZ and the DRC to drop any legal action before a sale, with the ceasefire in their arbitration case pointing to a breakthrough on that front. It appears Chinese mining heavyweight Zijin will be left alone to develop the northern half of Manono.However, AVZ will have to talk with Chinese battery-maker CATL, which listed on the Hong Kong Stock Exchange last week, about the sale to KoBold. A CATL subsidiary owns part of AVZ and, through a deal revised in January, helped fund the legal fight with the DRC.It was reported on March 30 that AVZ could on-sell the Manono project to KoBold for up to $US1.5bn.However, the sale price remains unclear and complicated by geopolitics, further weakness in global lithium markets and the possibility the DRC could ignore any adverse ruling if the international arbitration case were to continue.

Expand

Cheers for that...!
I appreciate your time and efforts...!

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

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

OCC

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

BPH

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

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?

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

RMX

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

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

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

SRL

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

First 2012 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-2012

Top Stories

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

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

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

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?

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

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

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

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

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

Featured News