Arizona Lithium Limited (AU:AZL) has released an update.
Arizona Lithium Limited has hit a significant milestone in its Prairie Lithium Project by discovering a new lithium-enriched formation and successfully installing and testing the first production and disposal wells. With a lithium concentration of 60 mg/L Li in the Dawson Bay Formation, the project is on track to commence facility construction in the first half of 2025 and to start lithium production later that year. The promising test results from the wells have exceeded the company’s earlier projections, paving the way for commercial-scale operations.
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