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AVZ Minerals commits USD 17.8 million to boost its Manono Lithium and Tin project in drc | The Potential (lepotentiel.cd)
Of the US$17.8 million to be spent in fiscal year 2021-2022, US$13.5 million will be allocated to upgrade existing roads and bridges to help transport equipment to and from the site, purchase essential mobile equipment needed for initial project development work, advance camp construction and enter into key service contracts, and advance metallurgical, downstream processing and infrastructure studies.
The remaining US$4.2 million will be spent on an expanded drilling program at the Roche Dure site.
The US$17.8 million program will help maintain Manono's development schedule, with the first shipment of SC6 scheduled for mid-2023 and the first production of primary lithium sulfate is expected about six months later. Additional local employment opportunities will be generated as part of the work programme.
Sorry if this is a repost...AVZ Minerals commits USD 17.8...
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