Manono to cost $545m – AVZ

A definitive feasibility study (DFS) into the Manono lithium/tin project, in the Democratic Republic of Congo, has estimated that it would produce around 700 000 t/y high grade lithium and 45 475 t/y of primary lithium sulphate over a 20-year mine life.

ASX-listed AVZ Minerals told shareholders that the project would require a capital investment of $545.5-million, which included a $49.59-million contingency.