Premier African Minerals Secures £750,000 to Complete Zulu Lithium Flotation Plant in Zimbabwe
London-listed Premier African Minerals has raised approximately £750,000 before expenses through the issuance of new ordinary shares to support ongoing operations and the installation and commissioning of a flotation plant at its Zulu lithium and tantalum project in Zimbabwe.
“We are very encouraged by the continued and tangible progress being made at the Zulu project, particularly with the installation and advancement of the Xinhai flotation plant.
Coordination between our on-site team and the manufacturer’s engineer has been excellent, and we are now approaching a critical phase of construction completion. Detailed planning for commissioning has become a clear focus,” said Premier Managing Director Graham Hill.
He added, “There is a growing sense that we are on the brink of turning an important corner operationally.”
