Mining project performance report

MINING PROJECT PERFORMANCE REPORT- Case of Sabi Star Lithium Project by Max Minds Investments in Buhera

Zimbabwe

Arcadia Lithium

Report Details

Author

Max Minds Investments

Organization

Max Minds Investments

Countries

Zimbabwe

Publication Date

Jul 22, 2023

File Size

598.09 KB

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Related Projects

Arcadia Lithium Project

In December 2021, Zhejiang Huayou Cobalt agreed to acquire a 100% stake in the Arcadia Lithium Project. 87% stake purchased from Prospect Resources Limited (Australia) for approximately US$377.8 million. 6% stake acquired from Professor Kingston Kajese, 7% stake obtained from the Tamari Trust. The total acquisition cost amounted to US$422 million, and the transaction was finalized in April 2022.

Lithium

Zimbabwe

Started: 2021Status: Active