CAPITAL MARKETS

Big Eckhof lithium deal in DRC

WELL-regarded mining entrepreneur Klaus Eckhof has done a deal to acquire 60% of "potentially one of the world's largest lithium rich pegmatite deposits" at the historic Manono mine in the south of the Democratic Republic of Congo.

Michael Quinn
Big Eckhof lithium deal in DRC

All going to plan, Eckhof’s ASX-listed AVZ Minerals will pay $US6 million in staged payments to project owner Cominiere (a DRC state-owed enterprise) and $750,000 to private firm Dathomir. Cominiere...

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