Search results: Prospect Resources

Prospect Resources Limited (ASX:PSC) is pleased to announce that the Phase 2 diamond drilling program at its Step Aside Lithium Project in Zimbabwe has now been completed.The Phase 2 program has built on the success of...

Chinese battery minerals producer Zhejiang Huayou Cobalt said on Wednesday it had started trial production of lithium concentrates at its Arcadia mine in Zimbabwe. Huayou, one of the biggest cobalt producers in the world, acquired Arcadia from...

Hongkong Stock Exchange-listed battery metal producer, Zhejiang Huayou Cobalt through its newly acquired company, Prospect Lithium Zimbabwe (PLZ) plans to commence production at its Arcadia lithium Project in Goromonzi during the first quarter of 2023, PLZ...

Lithium Mining in Zimbabwe is on the rise with several projects in the exploration phase forecasted to kick-start production in 2023.Zimbabwe has the largest lithium reserves in Africa and the fifth-largest deposits worldwide. It has the...

China's Zhejiang Huayou Cobalt's Arcadia lithium mine will start delivering lithium-containing minerals spodumene and petalite next year, according to the local manager of the company.Huayou, one of the world's major producers of cobalt, last year completed...

Goromonzi and surrounding districts of Mashonaland East are set for transformation after Platinum Lithium Zimbabwe (PLZ) mining company vowed to empower locals through "high-impact" community development initiatives.This is part of a raft of measures that the...

Huayou Cobalt, the Chinese firm developing the Arcadia lithium project, has said it has engaged local contractors for works being done at the establishment, as a way of empowering local companies.Prince SunduzaniThe company, which announced a...

A series of investments into Zimbabwean lithium by foreign companies, led by mostly Chinese energy companies and UK explorers, has raised debate on value addition in the sector.Huayou Cobalt bought Arcadia mine from Prospect Resources, while...

SHANGHAI Stock Exchange-listed global battery maker, Huayou Cobalt will pour US$300 million into Arcadia Lithium Mine and construct a processing plant to produce 400 000 tonnes of lithium concentrate per annum.Huayou deployed executives at Arcadia Mine...

Arcadia lithium has officially been handed over to its new owners, Zhejiang Huayou Cobalt Co., Limited, a move that will catapult Zimbabwe’s bid to become a significant lithium concentrate producer in the world, while putting Zimbabwe...

The sale of Arcadia Lithium Mine to Chinese giant Zhejiang Huayou Cobalt is officially completed.Speaking to Mining Zimbabwe at the side lines of the event Minister of Mines and Mining Development Winston Chitando said the government...

Zimbabwe’s lithium mines are being sold for a song by foreign investors to Chinese multinationals, who have recently swooped on domestic assets, analysts said on Friday.They said with international lithium prices rocketing and the mineral being...