Transamine reaches agreement on finance provision for lithium project in Zimbabwe

By Martim Facada
Published: Monday, 21 January 2019

Transamine will provide $9.5 million to finance the Kamativi Tailings Lithium Project in exchange for an offtake of the lithium concentrate produced there.

Transamine Trading will provide Kamativi Tailings and joint-venture partner Zimbabwe Lithium with $9.5 million of debt funding to finance the Kamativi Tailings Lithium Project, in exchange for supplies of lithium spodumene produced from the mine.

The funding will be provided on completion of relevant conditions including the release...

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