PROSPECT Lithium Zimbabwe (PLZ) says it expects annual earnings from its operations and those of its sister company, Arcadia Technology Zimbabwe (ATZ), to exceed US$600 million, driven by increased production and lithium beneficiation. Shanghai Stock Exchange-listed Huayou Cobalt, which owns PLZ and ATZ, has invested US$1,1 billion in its Zimbabwean lithium operations. While PLZ focuses…
PLZ, ATZ target US$600m annual earnings
Shanghai Stock Exchange-listed Huayou Cobalt, which owns PLZ and ATZ, has invested US$1,1 billion in its Zimbabwean lithium operations.