AVZ Minerals Ltd: A Comprehensive Analysis of Shareholder Dynamics
AVZ Minerals Ltd, a notable player in the mineral exploration sector, is currently spearheading the development of the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). With a substantial 75% stake in this project, AVZ Minerals has positioned itself strategically in one of the world's largest lithium-rich LCT (lithium, caesium, tantalum) pegmatite deposits. Additionally, the company holds complete ownership of the Manono Extension Project, which surrounds the primary Manono Project.
The Manono Project: A Historical and Strategic Asset
The Manono Project, encompassing the historic Manono Mine, has been a significant tin mining site from 1919 to 1982. The deposit is renowned for its massive scale, with pegmatites extending over a 13km strike length and reaching thicknesses of more than 240m in some areas. This project's magnitude places it at the forefront of global lithium resources.
Top Shareholders of AVZ Minerals: A Diverse Portfolio
1.
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Yibin Tianyi Lithium Industry Co Ltd & Suzhou Cath Energy Technologies Co Ltd
Holding 251,500,000 shares (7. 13% of the capital), this joint venture established by Canmax Technologies Co. , Ltd. and Contemporary Amperex Technology Co. , Limited, reflects the growing Chinese interest in lithium resources.
2. HSBC Custody Nominees (Australia) Limited
With 244,827,417 shares (6. 94%), this subsidiary of HSBC Bank Australia Limited represents significant institutional investment presence in AVZ Minerals.
3. Huayou International Mining (Hongkong) Limited
Holding 216,615,790 shares (6. 14%), this wholly-owned subsidiary of Zhejiang Huayou Cobalt Co. , Ltd specializes in lithium hydroxide and other lithium battery material products.
4. BNP Paribas Nominees Pty Ltd Acf Clearstream
Holding 184,448,661 shares (5. 23%), BNP Paribas Securities Services is mandated by Clearstream for sub-custody services in Australia and New Zealand.
5. Lithium Plus Pty Ltd
With 164,247,369 shares (4. 65%), Lithium Plus Pty Ltd's involvement highlights the interconnectivity of the global lithium market.
6. J P Morgan Nominees Australia Pty Limited
Holding 137,391,926 shares (3. 89%), this subsidiary of J. P. Morgan underlines the company's strong market positioning.
7. Citicorp Nominees Pty Limited
With 116,174,331 shares (3. 29%), this subsidiary of Citigroup reflects a diversified investment portfolio of one of the world's largest banking institutions.
The diverse shareholder base of AVZ Minerals Ltd, ranging from global financial institutions to specialized mining companies, reflects the broad appeal of the Manono Lithium and Tin Project. As AVZ Minerals continues to develop this world-class resource, the varied investment portfolio underscores the strategic importance of lithium and its crucial role in the evolving global energy and technology landscapes. The company’s listing on the Australian Securities Exchange (ASX) under the code “AVZ” since 2007 further solidifies its standing in the financial and corporate world.
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