Running discussion on SP, page-5628

I think Tinci would be interested in building a lithium refinery.

7 March 2018
AVZ Minerals Limited (ASX: AVZ) (“AVZ” or “Company”) is pleased to advise that it has
signed a Memorandum of Understanding (“MOU") with Guangzhou Tinci Materials
Technology Co., Ltd (“Tinci”) (http://www.tinci.com/en), for potential investment in the
Company and off-take opportunities from the Manono Lithium Project.

Tinci is the largest battery electrolyte manufacturer globally and supplies a substantial
portion of the global battery electrolyte market. Tinci has invested in Ronghui Industry and
Jiangxi Lithium and other lithium carbonate manufacturers.