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Minister for Mines Visits Lithium Carbonate Pilot Plant
Minister for Mines Visits Lithium Carbonate Pilot Plant
Perth, May 3, 2018 AEST (ABN Newswire) - Prospect Resources Ltd (ASX:PSC) ("Prospect" or "Company") is pleased to announce that the Zimbabwean Minister for Mines and Mining Development, the Honourable Winston Chitando, visited the Company's lithium carbonate pilot plant in Kwekwe, Zimbabwe this week to see first-hand the work that Prospect is doing to create battery grade (+99.5%) lithium carbonate. Prospect's lithium carbonate pilot plant is the only such plant in Africa. Prospect is using this facility to provide sample products to potential and future customers around the world and to demonstrate Zimbabwe's technical capability.

During the pilot plant visit, the Honourable Minister confirmed that "international mining companies operating in Zimbabwe will not be required to list on the Zimbabwe stock exchange.

As you have heard from His Excellency the President, Zimbabwe is open for business and we are removing barriers for companies to invest in Zimbabwe to create jobs and wealth for the Country."

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About Prospect Resources Ltd

Prospect Resources Ltd ASX PSCProspect Resources Limited (ASX:PSC) is based in Australasia with operations in Zimbabwe and is a publicly listed company. We are committed to creating value for Prospect's shareholders and the communities in which our company operates. Our vision is to build a Southern African based mining company of international scale.



Hugh Warner
Prospect Resources Ltd
Executive Chairman
T: +61-413-621-652

Harry Greaves
Prospect Resources Ltd
Executive Director
T: +263-772-144-669

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