Chinese mining giant Zijin Mining has blamed ASX-listed AVZ for the decision by the Democratic Republic of Congo to revoke a mining licence for the Manono lithium tenement, reputed to be among the largest untapped lithium deposits in the world.
Zijin claims a 15 per cent ownership interest in Manono, with AVZ claiming a 75 per cent ownership interest.
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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
