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Premier African Minerals ( (GB:PREM) ) has provided an update.
Premier African Minerals Limited has entered into a non-binding letter of interest with Glencore International regarding the potential purchase of spodumene concentrate and the management of prepayment amounts related to the Zulu Lithium and Tantalum Project. This move signifies a strategic step towards finalizing and optimizing their spodumene float section, which could enhance their operational capabilities and market positioning in the lithium sector.
More about Premier African Minerals
Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused on Southern Africa, particularly in Zimbabwe and Mozambique. The company has a diverse portfolio that includes tungsten, rare earth elements, lithium, and tantalum, with projects ranging from brownfield sites with near-term production potential to grassroots exploration.
YTD Price Performance: -25.00%
Average Trading Volume: 967,557,729
Technical Sentiment Signal: Buy
Current Market Cap: £13.94M
Find detailed analytics on PREM stock on TipRanks’ Stock Analysis page.