Arcadia Lithium Project Development Agreement Signed

Farirai Machivenyika
Senior Reporter
President Mnangagwa has this morning witnessed the signing ceremony of binding agreements for the development of Arcadia Lithium Mine in Goromonzi District, Mashonaland East.

The agreements were signed between Australian Stock Exchange-listed Prospect Resources and Shanghai Stock Exchange-listed Zhejiang Huayou Cobalt.

The deal, valued at US$377 million was signed at State House in Harare and will see Prospect Resources selling its 87 percent stake in Prospect Lithium Zimbabwe.

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Posts

Scottland eye CAF Champions League spot in Eswatini decider
Scottland eye CAF Champions League spot in Eswatini decider

Good afternoon. We are coming to you live from Eswatini. Scottland FC are back in action this afternoon as they look to book a place in the second round of…

Continue reading
Nsingizini bars TV coverage, Jalai ruled out
Nsingizini bars TV coverage, Jalai ruled out

Sports Reporter Nsingizini Hotspurs have barred TV coverage of their CAF Champions League match against Zimbabwe champions Scottland at Somhlolo this afternoon. Reasons for this move are not yet clear.…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *