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AVZ Minerals Limited Raw Material Mining and Refining
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AVZ Minerals Limited, an ASX-listed entity, is at the forefront of the lithium exploration and development sector. Their flagship endeavor, the Manono Lithium Project located in the Democratic Republic of Congo, represents a significant focal point of their operations. With a 75% stake in this project, AVZ Minerals is stewarding what is acknowledged as the world’s largest undeveloped hard rock lithium resource. The project boasts an estimated Mineral Resource of 400.4 million tonnes at a grade of 1.66% lithium oxide (spodumene), highlighting both its size and high-grade nature. This positions the company at a vantage point within the lithium market, catering to the growing demand for lithium, primarily fueled by the electric vehicle industry and energy storage solutions.