This is a done deal.
Very positive outlook ...
"Moving up the value chain could deliver 25 times more revenue to the DRC"
What is happening to the additional 1 Billion Dollars as the 1.1 US billion more than covers AVZ International and CATH
10 MTPA expansion.??
Responding to a question, the Minister in charge of Industry said that this event has a double feature, namely to carry out a study conducted by the firm Bloomberg Nef on the initiative of technical partners who have highlighted the potential of DRC and African countries in battery minerals, which can promote natural resource-based industrialization, including the production of battery precursors, cell assembly and electric vehicles.
The other particularity, he continued, is that of directly offering the possibility of mobilizing 2.1 billion US dollars, including 1.1 billion US dollars by Avz international, a company that will exploit Manono's lithium (in Tanganyika, as part of a collaboration agreement with DRC and USD 1 billion by financial institutions
ALL IMO
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