Australia's Prospect Resources closing in on Zimbabwe lithium financing
VICTORIA FALLS, Zimbabwe (Reuters) - Australian-listed Prospect Resources expects to secure more than $55 million in funding for the first phase of the Arcadia Lithium project in Zimbabwe and expects to produce concentrates for export in the next 14 months, a company official said on Sunday.
“As Prospect we are very comfortable with funding for phase one, its almost done,” Chimbodza said. “It is encouraging to see finance offers from North America, Asia and from our Zimbabwe banking and investor network.”
Australia's Prospect Resources closing in on Zimbabwe lithium...
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