The Markets Ledger

Premier raises £1m to push lithium project towards commissioning

Premier African Minerals has secured about £1 million (approximately US$1,3 million) through a share subscription to support ongoing works at its Zulu Lithium and Tantalum project in Zimbabwe, as the firm targets completion of key activities in the second quarter of the year.

Zim grants two Chinese firms lithium export quotas

Zimbabwe has granted two Chinese mining firms export quotas for ​lithium concentrates, state media China Securities Journal reported on ‌Monday, two months after Africa’s top lithium producer suspended exports of the key battery material.

Lithium prices soar after Zim bans concentrate exports

“The higher lithium price and continuous illegal shipments are likely driving factors for why the overhaul is happening now,” said Cameron Hughes, an analyst at consultancy CRU Group, who likened the move to a similar ban by the Democratic Republic of Congo on cobalt exports last year.