https://www.miningweekly.com
Construction|Exploration|Hydropower|Industrial|Mining|Power|PROJECT
Construction|Exploration|Hydropower|Industrial|Mining|Power|PROJECT
construction|exploration|hydropower|industrial|mining|power|project

Manono Lithium granted exploration licence in the DRC

24th October 2023

By: Creamer Media Reporter

     

Font size: - +

Manono Lithium – a joint venture (JV) between a subsidiary of Zijin Mining Group and Democratic Republic of Congo (DRC) firm La Congolaise d’Exploitation Minière – has obtained an exploration licence in the northeast of the Manono lithium exploration project from the Ministry of Mines in the DRC.

Under the terms of the JV agreement, Zijin subsidiary Jinxiang Lithium will lead the exploration, construction and operation of the Manono project and will be responsible for raising funds internally and externally for the JV.

Jinxiang Lithium intends to complete the geological exploration and feasibility study as soon as possible and expects to finish construction of the project within two years after the feasibility study is completed and the financing arrangements confirmed.

The JV partners also plan to build an industrial park focusing on lithium smelting in the DRC.

Zijin says the Manono project is one of the world’s largest lithium/cesium/tantalum pegmatite deposits, which can be developed into an openpit mine. 

The company has also secured the rights to refurbish and operate the old, decommissioned Mpiana-Mwanga hydropower station, which is located near the project and will provide low-carbon power for the project.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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:0.205 0.24s - 92pq - 3rq
1:
1: United States
Subscribe Now
2: United States
2: