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AVZ stays suspended, rejects allegations

Tom Richardson
Tom RichardsonJournalist

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Perth-headquartered lithium explorer AVZ Minerals has blamed third parties for attempting to diminish the credibility of the company and its management as the $2.6 billion miner marks its seventh month of sharemarket suspension.

It also said it retains legal title to a 75 per cent interest in the Manono Project in the Democratic Republic of the Congo (DRC), with the tenement regarded as the world’s largest untapped lithium deposit.

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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/avz-stays-suspended-rejects-allegations-20221215-p5c6kr