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An announcement from Premier African Minerals ( (GB:PREM) ) is now available.
Premier African Minerals Limited has announced that Canmax Technologies Co., Ltd. has reaffirmed their commitment to work with Premier on the Zulu Lithium and Tantalum Project. This collaboration aims to complete the commissioning and optimization of the primary and secondary flotation plants, focusing on achieving the targeted grade and recovery. The agreement with Canmax remains unchanged, with prepayment based on the delivery of SC6, ensuring the continued development of Zulu. This alignment is crucial for the project’s success and reflects shared objectives to meet product delivery and prepayment liquidation, which were essential to the development of Zulu.
More about Premier African Minerals
Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused on Southern Africa. The company has key projects in Zimbabwe, including the RHA Tungsten and Zulu Lithium projects, and also holds interests in lithium and gold in Mozambique. Premier’s diverse portfolio includes tungsten, rare earth elements, lithium, and tantalum, with both brownfield projects and grass-roots exploration. Additionally, the company is involved in the Otjozondu Manganese Mining Project in Namibia.
YTD Price Performance: -31.71%
Average Trading Volume: 222,063,395
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £10.09M
For a thorough assessment of PREM stock, go to TipRanks’ Stock Analysis page.
