Evidence depth: sourced-study Complete study-level marker set from a named DFS/FS-grade document. Afrimintel states the evidence depth of all 159 assets on its bankability roster. 2 are fully-worked DCFs and 4 carry a complete study-level marker set; a further 9 carry headline study-grade markers only. 6 assets have their source documents preserved on this site, where 106 numeric figures verify against the document text and 9 are excluded and named because they cite a document not in the archive. See the full roster and what each tier means.
intelligence-gradeunclassifiedmulti claim active arbitration
DFI · investment house — what stage is the asset at, and what does its record hold?
Life-cycle stageunclassified Derived
Operating statusDisputed / Split-claim development asset; Manono Lithium SAS (Zijin/Cominière) NE in production since mid-2026 per Zijin; Dathcom-AVZ South in arbitration Sourced
Reserve— Absent
Value anchors
advisory · corporate development — what does the record support?
Resource basis (verbatim)AVZ Jan 2024 update (Roche Dure + Carrière de l'Este combined); pre-dispute baseline
Primary sourceAVZ Minerals Jan 2024 resource update; ICSID public disclosures; Manono Lithium SAS permit awards Sept 2024 [Sourced 2026-05-02] Sourced
Comparables (Li-matched)1 African M&A · 1 intl · 1 excluded (terminated / non-acquisition — flagged on the screen) — set spans, not market curves · deals · compare assets · data freshnessSourced
Risk read
mining major · insurer — what is the exposure?
Ownership structureMulti-party contested; no single operator; primary claims: Manono Lithium SAS (Zijin/Jinxiang ~54.9% per Zijin … Sourced
Recent events (record, newest last — tail shown)… state approval; CATH conditional funding Jan 2026 ($20M to AVZ, rights to 100% production for 5 years + 30.5% indirect stake IF AVZ claims succeed); Manono Lithium SAS processing plant in production since mid-2026 per Zijin (notice 9 Jul 2026, reported by Reuters 15 Jul 2026); first exports reported Jun-Jul 2026 Sourced
What this record does not yet support — disclosed, not estimated
Reserve tonnage — no current whole-of-asset reserve verified for current operating vehicle