Zimbabwe: UK Firm’s Zim Lithium Project Stalled By Funding

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Premier African Minerals says operations at its Zulu Lithium and Tantalum project in Insiza, Matabeleland South Province remain suspended as the company continues to navigate financial and operational challenges.

The London-listed junior miner, which is developing the Zulu project, has in the recent past reeled under operational challenges to restart production.

In November 2023, Premier announced that plant operations at Zulu had been partially suspended to allow for civil construction to commence in preparation for the installation of the 55 tonnes per hour ball mill and other associated structures.

In its latest trading update, the United Kingdom-headquartered mining concern said: “Whilst the operations at Zulu remain on hold at this time, it is important to note further interpretation of test work results suggests that with minor reagent adjustment, the plant should deliver spodumene at grade and acceptable recoveries as currently configured

“Fabricated inserts when available will be expected to improve on spodumene grade and recovery; due diligence by potential alternate investors is progressing, and a return to production is immediately possible subject to finance.”

Production was scheduled to commence in February this year.

Recent test work reports from Enprotec (suppliers of the floatation plant at Zulu), along with independent assessments, have indicated that the inconsistent grade and recovery in the spodumene flotation plant are primarily due to inadequate reagent dosing and excessive residence time in the cleaning circuit.