AVZ 0.00% 78.0¢ avz minerals limited

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    In the process, Nicolas indicated that there are projects underway in the Democratic Republic of Congo which aim to further refine products, in particular cobalt.“

    We are building the largest cobalt refinery in the world, which will enable us to increase the value of exported cobalt by up to 40%.
    That is happening ,” he said. According to the national treasurer, in addition to this, the Government of the Republic has the project for the production of battery components. “ It will also be an element that will completely change our economy.

    That would mean that if cobalt prices drop, we won't suffer it dramatically because we won't just be selling cobalt.
    We will sell know-how, we will sell the added value, that is to say the finished product. And that’s preparing for the future ,” he added
 
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