Arizona Lithium Limited (AU:AZL) has released an update.
Arizona Lithium Limited’s Big Sandy Project in northwest Arizona boasts a significant inferred and indicated lithium resource of 320,800 tons, with further expansion potential. The company has successfully produced high-quality, 99.8% pure battery-grade lithium carbonate and benefits from a strategic location near essential infrastructure. This development comes at a time when the demand for lithium, crucial for battery production, is surging with current annual consumption at approximately 1 million tons.
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