Running discussion on SP, page-77935

https://kongopress.com/2023/07/11/manono-lithium-voici-les-cabinets-davocats-de-zijin-et-cominiere-qui-ont-demande-un-report-a-licc-pour-leur-propre-plainte/

translated using:
https://www.deepl.com/en/translator

Manono lithium: Here are the law firms of ZIJIN and COMINIERE that have requested a postponement from the ICC for their own complaint
July 11, 2023Kiki Kienge

By Kiki Kienge

COMINIERE and ZIJIN had taken their case to the International Chamber of Commerce in Paris (ICC) to claim damages from AVZ MINERALS, US$850 million for Jin Cheng (ZIJIN) and US$566 million for COMINIERE, for a total of US$1,416,000,000, including the termination of the DATHCOM joint venture.

QUID: How could the ZIJIN group feel wronged by AVZ MINERALS in DATHCOM if the 15% purchased from COMINIERE was deemed illegal by the IGF, the financial inspection body of the Presidency of the Republic in DR Congo?Now, the Chinese group ZIJIN, "in partnership with COMINIERE" associated in the complaint, has requested a further postponement of the arbitration in Paris requested by themselves.

According to the Chinese mining giant, the reason is a necessary need for time to prepare itself to respond to the allegations of the IGF report, which accuses it of having infringed Congolese law through its attempt to purchase 15% of COMINIERE shares at a price of US$33,400,000, rather than the market value of US$150,000,000.

Some reactions on social networks:

"It's not realistic, Mrs. Cybelle.This request for postponement will be refused because there are no extenuating circumstances that would allow a further postponement. The referees will see this as a delaying tactic and reject the request. Zijin risks losing and Cominière will be fined a huge sum.

Once that's done, AVZ takes Cominiere to court in Washington DC. The Paris court allows plaintiffs to sue in US courts to demand payment of the fine.

Given the evidence, it will probably lose the case in America too...

It's time for the DRC government to reach an agreement with the Chinese and Austrians to resolve this issue, because AVZ is now on the war path and won't give up."

THE LAWYERS For ZIJIN: De Gaulle Fleurance & Associés.Fasken Martineau DuMoulin

For COMINIERE :The Congolese law firm Muamba Mukengeshayi & Associés.

The procedure had been launched jointly before the International Chamber of Commerce in Paris (ICC) between COMINIERE and the ZIJIN group.

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There is one more article in French - can be translated using link high above:
https://kongopress.com/2023/07/10/manono-lithium-ou-en-sommes-nous-avec-les-deux-licences-minieres-pe12453-et-pe13427-de-katamba-mining-dont-zijin-detient-70/