AVZ Minerals: DRC’s lithium front-runner on the cusp of development
AVZ Minerals is currently underway with encouraging project finance discussions with several Australian and international financing groups, from which the company received a number of preliminary indications of possible financing structures including bonds, equity and loan instruments.
Offtake agreements are also being negotiated with several companies. The company’s major shareholder, Yibin Tianyi, is showing interest in securing significant tonnages of SC6 product, while several other lithium convertors are either approaching AVZ or vice versa, regarding securing offtake agreements not only for the lithium products, but also for tin, tantalum and niobium, says Ferguson.
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