Prospect Resources
Southern Africa
Prospect Resources raises A$6 million to fast track Arcadia project
ASX-listed African lithium developer Prospect Resources has received subscriptions for 46.15 million new ordinary shares at A$0.13 per share to raise A$6 million before costs.
Battery metals
Prospect Resources signs petalite offtake agreement
African lithium developer, Prospect Resources has secured a new long-term offtake partner for its Arcadia Lithium Project.
Uranium
Prospect Resources appoints financial advisor
On 12 December 2019, Prospect Resources entered a Memorandum of Understanding (MOU) with Uranium One Group JSC (Uranium One).
Battery metals
Prospect Resources enters MoU for Arcadia off-take
On 15 April 2020, the Prospect Resources announced it had entered a MOU with SCR- Sibelco N.V for the off-take of Arcadia’s ultra-low iron petalite product.
Energy
Plenty of lithium prospects for Prospect Resources
Recovering lithium prices from the negative perception of a slower consumer uptake for electric vehicles has not affected ASX-listed Prospect Resources.
Southern Africa
Arcadia’s ultra-low iron petalite gets the thumbs up
ASX-listed lithium company,
Prospect Resources recently announced that its ultra-low iron petalite product from
its Arcadia lithium project in Zimbabwe has progressed through the...
Southern Africa
Prospect Resources inks debt facility with Afreximbank
African lithium company, Prospect Resources has appointed African Export-Import Bank, or Afreximbank, to arrange and manage the primary syndication of a US$143 million project finance debt facility.
Energy
Prospect Resources secures power supply at lithium project
Prospect Resources has signed a secure power supply agreement with Zimbabwe Electricity Transmission & Distribution Company.
Battery metals
Another blessing for Prospect Resources from Zimbabwe Government
Zimbabwean Treasury has approved the exemption from the export tax of un-beneficiated lithium originating from a new mine for a period of five years.
Features & Analysis
Significant ore reserve increase at Arcadia
Prospect Resources has announced a significant increase in the ore reserve estimate at its flagship Arcadia lithium project.
