- 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
