Base Metals
Posted By OrePulse
Published: 24 Apr, 2025 07:11
Premier African Minerals seeks lithium offtake deal with Glencore
The London-listed Premier operates the Zulu lithium mine in Zimbabwe, where it has missed several production deadlines because of technical problems to bring online a spodumene concentrator.
As a result, it owes major shareholder Canmax Technologies $35 million plus interest under an offtake prepayment deal.
"Premier has entered into a non-binding letter of interest with Glencore International regarding the possible purchase of spodumene concentrate," Premier said in a statement.
Glencore declined to comment.
Related Articles
Sanu Gold Announces $5 Million Private Placement L...
06 Sep, 2024 13:08
Ivanhoe Mines produces 40,347 tonnes of copper at ...
09 Sep, 2024 09:21
Andrada partners with SQM to develop Namibia lithi...
10 Sep, 2024 08:56
US, Saudi Arabia in talks to secure metals in Afri...
10 Sep, 2024 09:07
DRC: Eurasian Secures $150 Million to Develop a Co...
12 Sep, 2024 06:22
Zambian mines desperate for power turn to a surpri...
13 Sep, 2024 11:18
Africa at the cusp of a critical minerals boom...
17 Sep, 2024 07:40
Coolabah to unite Broken Hill assets, paving path ...
17 Sep, 2024 08:40
Marula Mining completes first manganese exports sa...
18 Sep, 2024 09:05
Zambia mines lobby calls on government to halt ref...
18 Sep, 2024 11:04Trending News
Precious Metals
Burkina Faso completes nationalisation of five gold mining assets...
12 Jun, 2025 13:05
41 min read
Other
Stronger together: Partnerships will transform Africa’s mining sector...
12 Jun, 2025 12:51
39 min read
Precious Metals
Resolute appoints new COO as Montgomery steps down...
12 Jun, 2025 12:27
40 min read