Premier African Minerals nears finish line for its Zimbabwe lithium project
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(Kitco News) - Premier African Minerals announced today that assembly and construction is complete for its Zulu lithium and tantalum project located in Zimbabwe.
"We expect to produce spodumene, a lepidolite mica rich concentrate and a tantalum rich concentrate late this week provided that final formal outstanding approvals from certain Zimbabwean authorities are received," said CEO George Roach.
The company planned to commission the plant in February, but weather and logistics prevented the start.
Premier African is assessing financing options.
"Premier has received a number of requests from other mining companies already well established in Zimbabwe to discuss our intentions in regard to the future of Zulu for either future offtake and/or direct equity investment into Zulu. At the same time, Premier is in discussions intended to see a quick increase in production and a broadening of the product base as the focus of production at the Zulu plant has only been the production of spodumene," wrote the company in a news release.