AVZ Minerals Limited (ASX: AVZ or Company) is pleased to advise it has completed a comprehensive independent greenhouse gas (GHG) assessment for the life of mine of its Manono Lithium and Tin Project ('Manono Project').

The GHG assessment, which was completed by leading global environmental and sustainability consultants, Environmental Resource Management (ERM), evaluated the estimated Scope 11 and Scope 22 emissions associated with all operations over the 20-year life of the Manono mine, processing facilities and road transportation of the products.

The greenhouse gases evaluated in the study include carbon dioxide (CO2), nitrous oxide (N2O) and methane (CH4). ERM employed a methodology consistent with the 2006 Intergovernmental Panel on Climate Change (IPCC) Guidelines.

ERM's findings showed the Manono Project could have one of the lowest carbon footprints of any global hard rock lithium miner.

This is primarily due to AVZ's strategic location adjacent to the Mpiana Mwanga Hydro Electric Power Plant (HEPP) which, once refurbished, is anticipated to provide all the Manono Project's electricity requirements.

AVZ is investigating and planning substantial GHG mitigation measures which include: purchase of an electric mining fleet once commercially viable equipment is available; generation of Hydrogen (H2) from excess renewable electricity to enable use of Fuel Cell Electric Vehicles (FCEVs) and the establishment of a 5,000-ha sequestration plantation.

Contact:

Mr. Leonard Math

Tel: +61 8 6117 9397

Email: admin@avzminerals.com.au

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