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Premier African Minerals has raised about £500,000 through new ordinary shares to support its Zulu lithium and tantalum project in Zimbabwe, particularly for the installation of a flotation plant by Xinhai Technology Processing. Additionally, the company has settled £100,000 in supplier invoices through share issuance.

Meanwhile, Saudi Arabia is enhancing its mining sector, aiming to position itself as a processing center for critical minerals, with over $2.5 trillion in mineral reserves. Recent agreements with the U.S. underline the importance of secure mineral supply chains as both countries seek to diversify sources and ensure stable production.