Prospect Resources

Prospect Resources

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.
prospect resources petalite lithium

Prospect Resources signs petalite offtake agreement

African lithium developer, Prospect Resources has secured a new long-term offtake partner for its Arcadia Lithium Project.
Danakali Colluli

Prospect Resources appoints financial advisor

On 12 December 2019, Prospect Resources entered a Memorandum of Understanding (MOU) with Uranium One Group JSC (Uranium One).
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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.
lithium

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.
Prospect Resources

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...
Prospect Resources

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.
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Prospect Resources secures power supply at lithium project

Prospect Resources has signed a secure power supply agreement with Zimbabwe Electricity Transmission & Distribution Company.
Prospect Resources

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.
Prospect Resources

Significant ore reserve increase at Arcadia

Prospect Resources has announced a significant increase in the ore reserve estimate at its flagship Arcadia lithium project.

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