Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Premier African Minerals ( (GB:PREM) ) has issued an announcement.
Premier African Minerals Limited has announced significant progress at its Zulu Lithium and Tantalum Project, with the primary flotation plant now fully operational and capable of producing saleable concentrate consistently. The company is optimistic about transitioning Zulu into a diversified industrial minerals producer, leveraging recent increases in spodumene pricing and ongoing strategic management to achieve sustained profitability and settle outstanding debts.
More about Premier African Minerals
Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused on Southern Africa, with projects including RHA Tungsten and Zulu Lithium in Zimbabwe. The company has a diverse portfolio encompassing tungsten, rare earth elements, lithium, and tantalum in Zimbabwe, and lithium and gold in Mozambique, ranging from brownfield projects with near-term production potential to grassroots exploration.
Average Trading Volume: 1,792,547,663
Technical Sentiment Signal: Strong Sell
Current Market Cap: £17.87M
For detailed information about PREM stock, go to TipRanks’ Stock Analysis page.