Search results: lithium

A STRING of multinational investors, who have made forays into Zimbabwe’s huge lithium endowment, are currently reviewing production targets before approaching government, a senior government official has said.Mines and Mining Development deputy minister Polite Kambamura told businessdigest that...

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...

Red Rock Resources plc, a UK-listed exploration company, has acquired lithium claims in Zimbabwe and is setting up a lithium exploration unit in the country to hunt for more.The company, quoted on London’s AIM market for...

Premier African Minerals saw its share price fall 4.5% to 0.3p in late afternoon trading on Tuesday after the company announced the completion of its Zulu Lithium Definitive Feasibility Study (DFS) funding.Premier African Minerals reported its subscription agreement...

PROSPECT Resources’ wholly-owned subsidiary, Promin Resource Holdings Ltd, has acquired a potential high-grade lithium deposit located approximately 8km north of Arcadia Lithium project, the parent company has revealed.According to the company’s half year financial results for...

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...

Lithium prices have jumped across the board over the past year on the back of heavy demand from the automotive sector, but inside China there is a mad scramble, particularly for carbonate. Carbonate continues to soar in...

UK resources investor Galileo Resources is to start exploring for lithium and gold in Zimbabwe after being granted the option to acquire 51% of a local prospecting firm.Galileo, listed in London, will spend US$1.5 million to...

A recent report by IDTechEx estimates that <8% of the global cobalt demand and <6% of the lithium demand, will be supplied by recycled Li-ion batteries by 2030.According to the market analyst, a combined total of over 180,000 tonnes...

Prospect Resources has begun planning for its next project after shareholders on Friday approved the sale of the company’s 87% stake in Arcadia lithium mine to China’s Huayou International.Huayou, one of the world’s biggest companies in...

AIM-listed Premier African Minerals, which is developing the Zulu lithium and tantalum project in Insiza District, Matabeleland South province, has reported new intersections of lithium and tantalum.According to the company, recent drilling activity on the southern...