KoBold Metals granted seven Congo lithium exploration permits
KoBold Metals, the mining company backed by US billionaires Jeff Bezos and Bill Gates, has received seven permits to search for lithium and other minerals in the Democratic Republic of Congo, it said on Wednesday.
The Central African country signed a deal with KoBold in July, allowing the US miner to initiate a large-scale mineral exploration programme.
The agreement also positioned KoBold to acquire Manono, considered one of the world's largest deposits of lithium, which is used in electric vehicle batteries.
“Our exploration efforts across all seven new licenses will be focused on lithium," a company official told Reuters.
According to data published on the country’s mining registry website, four of the permits are located in Manono territory in Tanganyika province, while three others are located in Malemba Nkulu territory in Haut-Lomami province. The licenses allow for the exploration of around a dozen minerals, including lithium, coltan, and rare earths.
The Manono lithium deposit is at the centre of a dispute between the Congolese government and Australia-based AVZ Minerals over the authorities' failure to grant a mining permit.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation