By Staff Writer
PROSPECT Lithium Zimbabwe (PLZ) has taken social corporate responsibility to another level after honoring 10 farmers in Goromonzi.
The gesture flies in the face of widespread speculation down speaking Chinese investments for not doing much to contribute towards the upliftment of communities they operate in.
“PLZ has sponsored Ward 13 Goromonzi Green Show held at Alma’s field and donated an assortment of farming inputs to 10 nominated farmers, “an update on the development said.
The lithium miner’s Corporate Social Responsibility Officer Shylet Dandi also revealed that the company will soon embark on capacitating the community through skills transfer through a partnership with Agritex officers.
The Arcadia lithium project located near Harare, Zimbabwe, is considered to be one of the world’s biggest hard rock lithium resources.
Prospect Resources fully owns the lithium project through its subsidiary, Prospect Lithium Zimbabwe (PLZ).
The pre-feasibility study (PFS) of the project was completed in June 2017. The ground-breaking ceremony for the Arcadia lithium project was held in December 2018. The mine produced an average of 212ktpa of spodumene and 216ktpa of petalite in 2019.
In December 2019, Prospect released an updated definitive feasibility study (DFS) based on the proposed 2.4 million tonnes per annum (Mtpa) mining and processing operation.
A direct optimised feasibility study (Direct OFS) was later released in December 2021 to cement the previous studies and optimise the mine design with updated reserves and a capital investment of US$192,46 million.
