”I advise George [Roach of Premier African Minerals Ltd (LON:PREM)] and the board with respect to what’s going on with their Zulu Lithium project in Zimbabwe …. they’re coming up with some spectacular grades”, entrepreneur David Lenigas tells Proactive’s Andrew Scott.
”This is going to be a very, very big Lithium deposit and what people don’t understand is that Zimbabwe’s the world’s fifth largest Lithium producer”.
Lenigas goes on to say ”the whole dynamics of the energy sector is changing – the world currently consumes 180,000 tonnes/year of Lithium. The forecasts are that within the next 10 years that will double or triple so the world needs a lot more Lithium supply”.
”Lithium is the new oil … with respect to automation”.
”Sure there are plenty of other types of technology out there but Lithium is tried and proven, there’s been a lot of money spent on it and Lithium has a very unique place on the periodic table … so whether you’ve got Lithium anode, Lithium cathode or Lithium anode and cathode there’s Lithium in this equation somewhere”, Lenigas says.
