https://www.miningweekly.com
Energy|Exploration|Hydropower|Manufacturing|Mineral Processing|Mining|PROJECT|Manufacturing
Energy|Exploration|Hydropower|Manufacturing|Mineral Processing|Mining|PROJECT|Manufacturing
energy|exploration|hydropower|manufacturing|mineral-processing|mining|project|manufacturing-industry-term

Dispute over Congo lithium heats up with dueling claims

26th October 2023

By: Bloomberg

  

Font size: - +

A long-running dispute over one of the world’s largest hard-rock lithium deposits in the Democratic Republic of Congo took a new turn with China’s Zijin Mining Group Co. announcing a venture to develop part of the site.

Zijin said Tuesday it would partner with state-owned Cominiere to explore a newly created permit area in the southeastern town of Manono. But Australia’s AVZ Minerals Ltd. says the area covered by the new permit belongs to it.

Manono’s lithium has become another flashpoint in the struggle for control of green-energy minerals. Congo says it wants to use the lithium and its vast supply of cobalt to eventually produce electric vehicle batteries. The US has agreed to support the plan as it attempts to reduce Chinese control over manufacturing and mineral processing.

“AVZ is seeking to affirm this position through its discussions with the competent DRC government agencies and, ultimately, through the various arbitration proceedings,” the company said in an emailed response to questions Wednesday. 

AVZ is involved in multiple arbitration cases at the International Chamber of Commerce in Paris over rights to the Manono lithium permits including one with a unit of Zijin and another with Cominiere.

Congo’s mines ministry did not respond to a message requesting comment. The country’s official mining permit map lists the new Zijin-Cominiere venture, Manono Lithium, as holding an exploration permit granted Oct. 19. 

Zijin said its Jinxiang Lithium Ltd. unit holds 61% of the project with Cominiere holding the rest. The permit was carved out of the northeast part of the permit previously held by AVZ, according to Zijin. AVZ says it still owns the entire permit area. 

As part of its agreement, Manono Lithium will contribute $70-million “to support humanitarian relief efforts in the northeast and east part of the DRC” where millions are displaced amid multiple violent conflicts.

Zijin said it had also won the rights to refurbish the dormant Mpiana-Mwanga hydropower station to provide electricity to the project. 

 

Edited by Bloomberg

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.163 0.204s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: