Chinese, Australian investors battle for largest lithium deposit
AVZ Minerals is battling to retain control of the Manono lithium project in DRC, potentially the world’s largest untapped lithium deposit, amid ownership claims from Chinese investors.
The first-ever Global Industry Standard on Tailings Management is aimed at strengthening current best practices around tailings dams in the mining sector.
Regulator said the mine had caused a serious drop in the water table, which could result in the revocation of the environmental permit, closure or a fine.