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Weekly Wrap: Gold Hits High, Copper Surges & an AVZ Trump Card
Trump vs China: The Battle for Manono Lithium
Just when the 21,000 shareholders of AVZ Minerals finally thought their investment was dead and buried, in steps probably the most famous person in the world to throw fuel back on the fire.Who else but Donald Trump?
Big Don has entered the fight for Manono, transforming what was already a geopolitical flashpoint into a presidential chess match.
We covered AVZ Minerals in depth last year, tracking the journey from discovery to de-listing.
You can find the article here - arguably the most comprehensive timeline of the AVZ saga available anywhere (and now in need of an update).

AVZ Minerals: From $6 million to a $4.5 billion delisting. Inside the Congo lithium saga
7 May 2024Read full story
For those who need a refresher, Manono is the world’s largest hard rock lithium deposit. ASX-listed AVZ lost control of it to Chinese-backed interests in what many consider a corporate heist, leaving shareholders holding the bag.
Now, the US has stepped in, using its critical minerals policy to push for AVZ’s reinstatement.
Recent legal rulings have favoured AVZ, with an international court awarding €39.12 million in damages and potentially paving the way for AVZ to reclaim Manono.
What happened, and what does it mean for AVZ Minerals?
- The Trump administration is “poised to insist control of the massive lithium deposit be handed back to AVZ,” according to The Australian.
- US State Department officials confirmed they want to boost “responsible and transparent” development of DRC’s critical minerals – code for “not Chinese-controlled.”
- If successful, the company may look to re-list on the ASX. Don’t forget that AVZ was valued at an incredible $4.5 billion at one point in time.
- For shareholders who watched their investment evaporate when trading was suspended, this presidential intervention offers a glimmer of hope.
Chinese interests seized control with help from DRC officials.
Now, Trump is stepping in to reverse the takeover and hand it back to the Aussies.
This Trump-sized plot twist might just breathe life into other lithium plays too, and we daresay most ASX explorers with a decent lithium patch will be thinking about dusting off their investor decks this week.
AVZ now has the most powerful ally imaginable in their corner.
When you’re up against Chinese mining giants and the DRC government, having Trump on your side might be the only way to turn the tide.
We’ll keep watching this one closely.
Final Takeaways
Well, that was one hell of a week.Copper charging towards $5/lb, gold finally crashing through $3,000/oz - metal prices are on fire.
The sleepy commodities market just woke up, and small-caps with quality assets are getting a second look from investors.
Top End Energy has staked their claim in Kansas with a drill site locked in and operations on the horizon.
This patch of America is fast becoming ground zero for the natural hydrogen race.
And then there’s AVZ - back from the brink with the most unexpected supporter imaginable.
A US president stepping in to help an Australian company recover a lithium deposit from Chinese interests?
Nobody had that on their 2025 bingo card.

Weekly Wrap: Gold Hits High, Copper Surges & an AVZ Trump Card
Gold breaks $3,000, copper muscles toward $5/lb, Trump enters AVZ's corner, and a small-cap stakes its hydrogen claim in another action-packed week for resources
