Chinese after Zulu lithium and Tantalum mine in Bulawayo
Premier African Minerals’ Zulu lithium and Tantalum project has received several offers from investors who want to partner or buy off the project, with many coming from the People’s Republic of China, CEO George Roach has said.
Rudairo Mapuranga
The Lithium project has been projected as one of the critical assets towards the achievement of US$0.5 billion lithium industry by 2023 as the mining sector looks forward to becoming a US$12 Billion industry by 2023 is currently well into the Defensive Feasibility Study process with results foreseen to be on the bright side.
According to Roach, Zulu lithium is a very attractive project for investors with the potential of producing high-grade spodumene in very large quantities the reason why investors are looking forward to a stake in the project.
Roach, however, said that the Zulu lithium and tantalum mine was not for sale and the company has never invited anyone to buy off the project as lithium is well aware of the potential future of the mine.
“We have had a multitude of advances from different people wanting to get involved, many of these coming from the Chinese side.
“We are a very attractive project for somebody to get involved in if they want high-grade spodumene in quite large quantities as we go down the line.
“We are not in the market to try to sell this project, that’s not what we are about and we haven’t gone out with some kind of offer sheet and say boys come and invest,” Roach said.
Premier African Minerals
Premier African Minerals is currently developing a portfolio of strategic metals and agri mineral projects located across Africa.
Premier is an emerging tungsten producer from the RHA Tungsten Mine and is advancing the sizeable Zulu Lithium and Tantalum Project in Zimbabwe. In addition, the Company has an interest in MN Holdings Limited, the owner and operator of the Otjozondu Manganese Mining Project in Namibia
The Company holds 5,010,333 shares in Circum Minerals Limited, the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world-class asset.
Premier has a long history of project discovery, acquisition and development across Africa and the Company is managed by a dedicated team of professionals which have a strong track record is project development and value creation.
Premier African Minerals is currently developing a portfolio of strategic metals and agri-mineral projects located across Africa.
Premier is an emerging tungsten producer from the RHA Tungsten Mine and is advancing the sizeable Zulu Lithium and Tantalum Project in Zimbabwe. In addition, the Company has an interest in MN Holdings Limited, the owner and operator of the Otjozondu Manganese Mining Project in Namibia
The Company holds 5,010,333 shares in Circum Minerals Limited, the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world-class asset.
Premier has a long history of project discovery, acquisition and development across Africa and the Company is managed by a dedicated team of professionals who have a strong track record in project development and value creation.