OTCQX:NTTHF - Post by User
Post by
tiger2201on Sep 27, 2021 12:48pm
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NLC's Investor CATL
NLC's Investor CATLWhile, we are still waitting NLC news, watching lithium price Up and Up day after day. Here is our investor CATL's news.
Australia’s AVZ Minerals (ASX: AVZ) has secured a $240 million funding from Chinese private firm Suzhou CATH Energy Technologies (CATH) to develop its Manono lithium-tin project in the Democratic Republic of Congo (DRC).
The deal gives Suzhou CATH, jointly owned by Pei Zhenhua and Chinese battery giant CATL, a 24% holding in the Manono open-pit project, located in southern DRC.
This deal values the AVZ project at $1B.
https://www.mining.com/avz-minerals-secures-chinese-backing-for-drc-lithium-project/
tiger