Categories: Zim Latest

Lithium producer Prospect Resources acquires another high-grade deposit after selling Arcadia

File photo for illustration purpose only

Lithium producer Prospect Resources Limited, which recently sold the Arcadia project to Huayou, announces that it has acquired another potentially high-grade lithium deposit 8km north of Arcadia.

The company says exploration has already began at the new site to find out the extent of the resource.

The most important uses of lithium is in rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles and some non-rechargeable batteries for things like heart pacemakers, toys and clocks.

Lithium and its compounds have several industrial applications also, including heat-resistant glass and ceramics, lithium grease lubricants, flux additives for iron, steel and aluminium production.

Zwnews

Share

Recent Posts

YADAH FC Secures Khama Billiat’s Signing, NO Dynamos Deal

YADAH FC is poised to introduce former Zimbabwean international, Khama Billiat, with an unveiling event… Read More

21st February 2024

Alleged Vehicle Smuggling Ring Involving State Agencies Uncovered in Zimbabwean Court Case

A recent court case has brought to light a covert operation involving the smuggling of… Read More

21st February 2024

Tiktok star Bobbi Athoff trending over alleged video leaks

Alleged Bobbi Athoff Leaks Circulate Online, Fans Suspect AI Bobbi has not yet responded to… Read More

21st February 2024

Woman Arrested for Posting Images of Child Shaving Nude Women on Social Media

The woman accused of posting her child waxing nude women on social media has been… Read More

21st February 2024

Khama Billiat’s Potential Move to Yadah FC Sparks Speculation in Zim Domestic Football…VIDEO

Yadah FC officials welcome Khama Billiat at Harare Airport Former Zimbabwe Warriors star Khama Billiat… Read More

21st February 2024

We’re in talks with ‘The State and Sengezo Tshabangu to get back our captured organization’ – implies CCC president Welshman Ncube

Citizens Coalition for Change (CCC) acting president Prof Welshman Ncube says his party is engaging… Read More

20th February 2024