ASX-listed AVZ Minerals says the definitive feasibility study (DFS) into its Manono lithium and tin project, in the Democratic Republic of the Congo, is 95% complete, with the results to be released by March 31.
It adds that transport studies to select the most suitable and cost-effective method of transporting the Manono lithium products to port have also been completed.
Further, construction has start on accommodation for construction personnel, while the early works programme also includes the construction of a sewage treatment facility, a reverse osmosis water treatment plant and additional power facilities.
“We are no longer an exploration company having commenced site works for mining and are migrating towards becoming a fully-fledged mining company. With the DFS expected soon, financing and offtakes to soon follow, we are stepping up to ensure a successful mining operation is established at Manono,” comments AVZ MD Nigel Ferguson.