The Sunday Mail
Online Reporter
AFRICAN Lithium Resources (Pvt) Ltd, a subsidiary of Alternative Investment Market-listed Red Rock Resources Plc, says it will be focusing on developing its recently acquired Tin Hill lithium resource in Bikita into a small-scale lithium operating beginning this month.
Red Rock Resources CEO and chairperson Mr Andrew Bell revealed this in the company’s final audited results for the 2022 fiscal year.
“A year ago, we would never have supposed that our first new production project of the 2020s might be in Zimbabwe, but we are delighted that it is so and that a country with a long and continuous mining history is coming back into favour, and we are helping that process,” said Mr Bell.
“We also expect to bring into test production one or more of the lithium assets held by our Zimbabwe subsidiary.”
The mining firm acquired over 51 hectares of lithium claims at Tin Hill, which is located 29 kilometres north west of Bikita district.
The company has already initiated environmental impact assessment processes for the project.
ALR owns 75 percent of Tin Hill, with the balance owned by a local partner.
Zimbabwe holds some of the world’s largest reserves of hard rock lithium.
Lithium is an important mineral in the production of clean energy technologies, which have gained momentum in recent years.
