Chinese and Australian Companies Battle For Control of Massive Congolese Lithium Mine

The Manono Lithium Mine in the southern DR Congo. Image via AVZ.

Two mining majors, one from China and the other from Australia, are fighting a pitched battle over a 15% share of the massive Manono lithium mine in the southern Democratic Republic of the Congo.

While normally such a small ownership stake is not newsworthy but in this case, it could decide whether the mine remains part of Australia’s AVZ Minerals or is handed over to China’s Zijin Mining.

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by Eric Olander

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