News
08 May 2025

KoBold set to buy stake in Congo lithium deposit

In:
Metals and Mining
Region:
Middle East & Africa

KoBold Metals has agreed on a framework to buy AVZ Minerals' interests in the Manono lithium deposit in the Democratic Republic of Congo.The agreement will enable KoBold, which is backed by billionaires Bill Gates and Jeff Bezos, to invest more than $1 billion to bring lithium from Manono to...

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