Arizona Lithium’s Prairie Project Receives Phase 1 Production Approval

The latest update is out from Arizona Lithium Limited ( (AU:AZL) ).

Arizona Lithium Limited has received approval for Phase 1 production at its Prairie Lithium Project in Saskatchewan, marking a significant milestone as the first lithium brine project in the region to achieve this. The project will commence production at a commercial scale of 150 TPA LCE, with potential for increased production through process replication, and the updated resource information has increased the total Indicated Resource to 4,600,000 tonnes LCE.

The most recent analyst rating on (AU:AZL) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Arizona Lithium Limited stock, see the AU:AZL Stock Forecast page.

More about Arizona Lithium Limited

Arizona Lithium Limited is a company focused on the sustainable development of large lithium projects in North America, specifically the Prairie Lithium Project and the Big Sandy Lithium Project.

Average Trading Volume: 21,532,480

Technical Sentiment Signal: Sell

Current Market Cap: A$31.62M

For an in-depth examination of AZL stock, go to TipRanks’ Stock Analysis page.