EV Battery Metals: Chinese Mining Companies Moving Quickly to Close More Lithium Deals in the DR Congo

The Chinese Mining Company Suzhou CATH Energy Technologies closed a $240 million investment with Australia’s AVZ Minerals for rights to the Manono lithium mine in the southern DR Congo.

The Chinese company now has a 24% stake in the mine that will reportedly need an additional $300 million of investment before it can begin full production.

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The post EV Battery Metals: Chinese Mining Companies Moving Quickly to Close More Lithium Deals in the DR Congo appeared first on The China Africa Project.



source https://chinaafricaproject.com/2022/02/17/ev-battery-metals-chinese-mining-companies-moving-quickly-to-close-more-lithium-deals-in-the-dr-congo/

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