The Sunday News
ZIMBABWE is primed to draw significant benefits from one of its lithium assets after an independent market report for the country’s brightest lithium project, Arcadia, certified the mineral as premium price category export.
Australia Stock Exchange-listed Prospect Resources, developer of the Arcadia lithium project near Harare, said it received an independent market report by leading market analysis firm, Benchmark Mineral Intelligence.
President Mnangagwa commissioned the lithium project in November last year, which forms part of major economic projects that will drive Zimbabwe’s vision of middle-income status by 2030 and US$12 billion mining industry by 2023.
ALL SHARE
The All Share index retreated by 0.94 points, 0,52 percent to close at 179.63 points as heavyweight counters lost ground. Cassava Smartech dropped $0,0395 to end at $1,2943, Econet Wireless eased $0,0283 to $1,3000 and Padenga decreased by $0,0070 to settle at $1,8000.
Trading in the positive; Old Mutual Limited added $0,2222 to settle at $21,7222, PPC gained $0,1099 to close at $2,1000 and SeedCo International Limited was $0,0250 stronger at $2,1500. ZPI increased by $0,0029 to close at $0,0280 and Bindura traded $0,0025 firmer at $0,1100.
