The pressure will be on for Huayou Cobalt to cement its position on being the miner to develop or take over AVZ.
Exciting times and timing as scoping study plus completion of 40,000 metres of drilling will reveal the potential of Manono.
Enter opportunist ... Glencore.
Those doubting that Manono will be mined, read the article carefully and note the extent that Glencore went to secure its operations.
Glencore has diversified in the past in growing segments of the market / coal involvement.
Has an existing JV with the Largest EV car manufacturer and battery in VW / CATL.
logic prevails that if the 3 could make a realistic take over of AVZ all 3 would secure their lithium requirements next 50 year plus.
Huayou / LG CHEM recent JV will require long term lithium supply.
November should be exciting.
ALL IMO.
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