AVZ 0.00% 78.0¢ avz minerals limited

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    Since 2018 the Democratic Republic of Congo is known to have the largest lithium spodumene hard rock deposit in the world.[7] The total resource of the deposit located in Manono, central DRC, has the potential to be in the magnitude of 1.5 billion tons of high-grade low-impurities lithium spodumene hard-rock. The two largest pegmatites (known as the Carriere de l'Este Pegmatite and the Roche Dure Pegmatite) are each of similar size or larger than the famous Greenbushes Pegmatite in Western Australia. In the near future by 2023, the Democratic Republic of Congo is expected to be a significant supplier of lithium to the world with its high grade and low impurities spodumene. In 2021, AVZ Minerals,[8] an Australian company, is developing the Manono Lithium and Tin project in Manono, DRC, the resource has high grade low impurities at 1.65% Li2O[9] (Lithium oxide) spodumene hard-rock based on studies and drilling of Roche Dure, one of several pegmatites in the deposit.
 
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