Prospect exports US$40m lithium

PROSPECT Lithium Zimbabwe (PLZ), owned by Zhejiang Huayou Cobalt, says it has exported 30 000 tonnes of lithium concentrate valued at US$40 million since April this year as the company seeks to increase production and processing capacity.

The mining firm, which launched a US$300 million processing plant on Wednesday, said this year the main focus was on infrastructural development and agriculture, reducing environmental footprint, and boosting health and education in the communities.

“PLZ started exporting lithium concentrate at the end of April 2023 and since then, we have exported close to 30 000t.

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