Follow CGSP on Social Media

Listen to the CGSP Podcast

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

by Eric Olander
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.

…

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More

You Might Like

Forget Cobalt, China Wants More of the Lithium Market To Power Electric Vehicles

The Chinese copper and gold mining giant Zijin Mining Group Co. took investors by surprise last week when it bought the Canadian company Neo Lithium Corp.’s South American lithium mining assets for $770 million. The deal ...

Glencore’s CEO Warns Western Automakers About China’s Control of Congolese Cobalt

The CEO of the world’s largest cobalt mining company issued a stern warning to U.S. and European automakers that they had better get their acts together to secure supplies of this precious metal or else ...

CMOC’s Cobalt Earnings Jump as Prime Minister’s Mediation Attempt Falters

China Molybdenum (aka CMOC/China Moly), the Chinese minerals giant running one of the Democratic Republic of Congo’s largest cobalt mines, has reported record net profits of about $606 million for the first six ...

What is The China-Africa Project?

Independent

The CAP is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Africa stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalist and a variety of stakeholders in the China-Africa discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

Subscribe