LTR 6.29% 67.0¢ liontown resources limited

Talking of Zimbabwe..Mining weekly mentions this mine, among...

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    Talking of Zimbabwe..Mining weekly mentions this mine, among others

    Meanwhile, located 70 km east of Masvingo, at Glencova, and in operation for over a century, Bikita Minerals is said to be the world’s largest producer of petalite concentrate for the glass and glass ceramic industry and has been a significant producer of tantalum since 2018.

    The mine was acquired by Hong Kong-based Sinomine Rare Metals Resources for $180-million in 2022. Sinomine's reported $300-million investment is transforming the mine. A new spodumene concentrate plant with a projected capacity of 300 000 t/y, a new petalite concentrate plant, and a 12 MW solar power plant are all part of the expansion.


    A little work produces some idea as to how this has changed in the last two years.
    2022
    https://hotcopper.com.au/data/attachments/6307/6307478-47d278681aff38d2441ff8b0f6ad02b4.jpg
    2023
    https://hotcopper.com.au/data/attachments/6307/6307483-3d617f806f520ef2959252fb3dd13a4f.jpg
    2024
    https://hotcopper.com.au/data/attachments/6307/6307488-895f8aa7a897db98b5826fc4c0f7c9c3.jpg
    Lots of work going on..


 
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