AVZ Minerals (ASX:AVZ) is the majority owner of the Manono Lithium and Tin Project in the Democratic Republic of Congo, which contains one of the largest and highest-grade undeveloped hardrock lithium resources in the world.
A scoping study completed on Manono in October 2018 confirmed its potential as a world-class, high-margin, long-life mining project capable of producing a high-quality lithium concentrate low in impurities.
From there, AVZ has commenced a Definitive Feasibility Study (DFS), through which it is investigating multiple options to improve on the project’s already compelling economics. The DFS will include the preferred route for transporting concentrate from site for export to China and other markets.
In operating in the DRC, AVZ continues to enjoy the support of local communities, employing hundreds of people and providing assistance to NGOs in the area.
Nigel Ferguson, Managing Director
Nigel Ferguson is a geologist with 30 years of experience, specialising in the exploration and definition of precious and base metal mineral resources throughout the world, including DRC, Zambia, Tanzania, Saudi Arabia, South East Asia and Central America. He has worked in senior management positions and is also Managing Director of Okapi Resources Ltd and Huntsman Resources, an unlisted public company.
Graeme Johnston, Technical Director
Graeme Johnston is a geologist with over 30 years’ experience in Australia, the Middle East, Romania, Malaysia and the DRC. Previously, he worked for Rio Tinto and with Midwest Corporation, where he was the Principal Geologist during its sale to Sinosteel Corporation for US$1.4 billion and served as Technical Director at Ferrowest Limited. He is focused on the transition between orebody delineation and mine opening and has worked on over five projects that resulted in new mines being commissioned.
Rhett Brans, Non-Executive Director
Rhett Brans is an experienced director and civil engineer with over 45 years’ experience in project developments. He is currently a Non-Executive Director of Australian Potash Limited and Carnavale Resources Ltd. Previously, Mr Brans was a founding director of Perseus Mining Limited and served on the boards of Syrah Resources Limited, Tiger Resources Limited and Monument Mining Limited.