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Prospect Resources: Progresses works at Arcadia Pilot Plant

April 22, 2021

Prospect Resources (PSC) has completed roughly 70 per cent of engineering, procurement and construction works at its Arcadia Pilot Plant in Zimbabwe
The Perth-based lithium company says it is on track to deliver the first shipment of high-purity petalite by the end of the second quarter this year
To date, the detailed engineering design and procurement at the site are complete
Meanwhile, around 90 per cent of the plant’s non-process infrastructure has completed, alongside 75 per cent of the power supply and modular equipment pre-assembly
PSC expects to arrive at several more key milestones this quarter, including achieving operational power onsite and commencing production and transportation of its high-purity petalite product to port
Prospect Resources shares last traded at 16 cents each