AVZ Minerals Ltd
AVZ Minerals Ltd (ASX:AVZ) is listed on the Australian Securities Exchange.
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AVZ Minerals testing confirms primary lithium sulphate is suitable for battery production feedstock
AVZ Minerals Ltd's (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) preliminary metallurgical testing has confirmed that the lithium sourced from its Manono Lithium and Tin Project in the Democratic Republic of Congo is suitable for battery production feedstock.
Primary Lithium Sulphate Monohydrate bench-scale test-work confirmed that products from its proposed lithium sulphate plant would make a highly suitable feedstock for the electrolytic production of lithium hydroxide monohydrate.
Shares higher
The company's market cap is approximately A$574.5 million and shares have been as much as 10% higher to A$0.225, a new high of almost three years.
AVZ engaged Canadian firm Kingston Process Metallurgy (KPM) to independently test at bench-scale each of the processes in the flowsheet for the proposed Manono Lithium Sulphate Plant.
The test-work was undertaken from September to December 2020 at KPM's facility at Kingston, Ontario, Canada.
Other AVZ Minerals Ltd news
- AVZ Minerals drills 173 metres at 1.63% lithium and 1,134ppm tin from Roche Dure pit floor of Manono Project
2021-02-18 - AVZ Minerals completes $1.8 million placement as DFS progresses towards completion
2020-04-09 - AVZ Minerals halted ahead of investment update announcement
2020-03-31 - AVZ Minerals receives positive phase II test results from Manono Lithium and Tin Project in DRC
2020-02-24 - AVZ Minerals' subsidiary AVZ Power signs MOU for hydro-electric power station in the DRC
2020-01-15
