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Premier African Minerals Advances Zulu Project with New Developments

Story Highlights
  • Premier African Minerals begins civil works and equipment orders at Zulu Project.
  • New installations at Zulu Project expected to enhance operational capabilities by Q3 2025.
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Premier African Minerals Advances Zulu Project with New Developments

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Premier African Minerals ( (GB:PREM) ) has shared an announcement.

Premier African Minerals Limited has announced the commencement of civil works and confirmed orders for additional equipment at its Zulu Lithium and Tantalum Project in Zimbabwe, following the completion of interim funding. The company expects to deliver and commission the new inserts by June 2025, with the final installation of an additional spodumene circuit anticipated in the third quarter of 2025, which is a significant step in advancing the project’s operational capabilities.

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 such as RHA Tungsten and Zulu Lithium in Zimbabwe. The company has a diverse portfolio that includes tungsten, rare earth elements, lithium, and tantalum in Zimbabwe, as well as lithium and gold in Mozambique, ranging from brownfield projects with near-term production potential to grassroots exploration.

Average Trading Volume: 1,224,774,964

Technical Sentiment Signal: Sell

Current Market Cap: £18.35M

Learn more about PREM stock on TipRanks’ Stock Analysis page.

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