Arizona Lithium Limited (AU:AZL) has released an update.
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Arizona Lithium Limited has successfully produced battery grade lithium carbonate from their Prairie project, marking a significant milestone in the company’s North American lithium development ventures. This was achieved in collaboration with Saltworks Technology Inc., and the project is gaining momentum with a recent commercial production well surpassing expectations and a potential $21.6m investment incentive. Meanwhile, the Big Sandy Lithium Project is proceeding with exploration following BLM approval, promising to complement Prairie’s anticipated short-term consistent cash flows with its own future profitability.
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