A Tasmanian geologist’s fortune implodes in the Congo
The battle for control of the world’s richest lithium deposit has escalated into a potential $4.6 billion market wipeout, legal disputes, and ferocious feuding.
The civil protest last July in the Democratic Republic of Congo, one of the world’s most troubled nations. AP
Eight months ago, a former business journalist working from a modest London apartment on the south bank of the Thames, David Robertson, penned a three-page letter to the Australian Securities and Investments Commission and the Australian Securities Exchange.
Robertson’s target was a company run by a Tasmanian geologist named Nigel Ferguson. For three years, Robertson had tracked AVZ Minerals as it raised and spent $100 million for what Ferguson promised would be one of the world’s biggest lithium mines.
