Australia-based AVZ Minerals, which holds a majority stake in the contested Manono lithium project in the Democratic Republic of Congo, said on Monday a new deal between Kinshasa and US-backed KoBold Metals to develop part of the project breaches an existing international arbitration order.
The DRC government said on July 18 it had signed an agreement with KoBold to jointly develop the southern section of the Manono lithium and tin deposit, one of the world’s largest untapped sources of the battery metal.
