Embattled lithium miner AVZ delists from ASX

Lithium exploration company AVZ Minerals (ASX:AVZ) will delist from the Australian Securities Exchange (ASX) today (14 May 2024) after its shares were suspended for two years. 

The beleaguered miner has endured a protracted series of legal stoushes and board disputes all centred around its Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC), as reported by Mining.com.au.

AVZ last traded on the ASX m trade in May 2022 when it had a market capitalisation of $2.6 billion.

Write to Adam Orlando at Mining.com.au

Images: AVZ
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.