ASX-listed AVZ Minerals has inked a strategic relationship agreement with China’s Huayou Cobalt Group to complete a definitive feasibility study on the Manono lithium and tin project, in the Democratic Republic of Congo.
AVZ said on Wednesday that Huayou would also be able to provide advice and assistance with project financing, offtake financing, strategic services, engineering, procurement and construction management, and with cost effective transport options for Manono.