Premier African Minerals (AIM:PREM) has obtained funding to support ongoing operations at the Zulu Lithium and Tantalum Project.
The funds will be used principally for ongoing activities at Zulu, including refinement of operating parameters, optimisation work and general working capital following the production of first spodumene concentrate from the newly commissioned flotation plant.
"The recent production of first spodumene concentrate represents an important operational milestone for the Project and provides initial confirmation that the flotation circuit is operating and producing as expected," said Graham Hill, Managing Director.
The funding will enable continued optimisation of the modified existing plant and the flotation circuit, support improvements to concentrate quality and recovery, and help advance Zulu towards sustained production and commercial operation.
The Board said it remains focused on improving operational stability and delivering long‑term value from the asset.
