Premier African Minerals Limited (LSE:PREM) has secured roughly £500,000 through a subscription of new ordinary shares, providing funding for key operational needs and ongoing work tied to the installation of a new flotation cell plant at the Zulu Lithium and Tantalum Project. The capital injection is expected to help stabilise near-term operations and advance project development, positioning the company to move closer to producing commercially viable lithium output.
More about Premier African Minerals
Premier African Minerals Limited is a diversified mining and resource development company with a focus on Southern Africa, primarily operating in Zimbabwe and Mozambique. Its portfolio spans lithium, tantalum, tungsten, and rare earth elements, covering both near-term brownfield opportunities and early-stage exploration assets.
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