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Former AVZ chairman slams ‘racist’ shareholders, plots new Manono deal

Tom Richardson
Tom RichardsonJournalist

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Klaus Eckhof, the former chairman of AVZ Minerals and architect of its deal to acquire the Manono lithium project in 2017, has slammed “racist” shareholders for inflaming tensions between the suspended lithium miner and its partners in the Democratic Republic of Congo.

He doubts AVZ has a future in the West African country, although he is no longer close to the business.

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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/former-avz-chairman-slams-racist-shareholders-plots-new-manono-deal-20230707-p5dmmw