Lithium firm establishes lab in Zimbabwe

Lithium firm establishes lab in Zimbabwe
Published: 01 March 2018
ONE of Zimbabwe's largest lithium producer, Prospect Resources (Prospect), has established a laboratory complex in Kwekwe aimed at enhancing production of lithium carbonate.

Hugh Warner, Prospect chairman said the latest development is a significant achievement for both the company and Zimbabwe.

"Producing high grade battery quality lithium carbonate that exceeds industry norms bodes well for the ultimate company goal of a large scale lithium carbonate facility in-country. This entire process has been designed and built in-country using local skills and services further demonstrating the business friendly environment that Zimbabwe is rapidly becoming," he said.

The latest development comes after the Australia Stock Exchange-listed firm ASX-listed Prospect Resources has raised $10 million before costs in an oversubscribed placement of 166 million shares at an issue price of 6c per share.
- fingaz
Tags: Lithium,


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