DRC: Suzhou Cath Energy announces an investment of 240 million USD in a lithium project

The Manono lithium mine project is now secured US$240 million in investment from Suzhou Cath Energy Technologies under an agreement it has entered into with its Australian partner AVZ Minerals, pursuant to the pledge of the Chinese company made in September 2021. The feasibility study carried out in April 2020 reported an overall financing of 545.5 million USD to launch production. “The finalization of our agreement with Cath provides funding certainty to advance the development of the Manono project, pending the award of our mining license and our


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