Chinese miner Zijin locks horns with Australia’s AVZ over Congo’s Manono Lithium Mine in dispute about 15 per cent stake that could decide who controls project


Source: scmp.com scmp.com

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Zijin Mining, one of China’s largest gold and copper miners, is entangled in a legal dispute with Australian miner AVZ Minerals over the purchase of a stake in one of the most important lithium projects in the world. Zijin, which is based in China’s Fujian province and is listed in Hong Kong, said in a statement on its website on Monday that it is the legitimate owner of a 15 per cent stake in Congo’s Manono Lithium Mine. “Zijin Mining will actively protect its legitimate rights and interests, and continue to address future issues through litigation and arbitration,” the miner...