Prairie Lithium Secures Long-Term Offtakes as Canadian Brine Project Advances

Arizona Lithium Limited ( (AU:PL9) ) has shared an announcement.

In the December 2025 quarter, Prairie Lithium advanced the Prairie Lithium Project toward becoming Canada’s first commercial-scale lithium brine operation, completing groundworks and geotechnical works at Pad #1 for its initial extraction facility and securing grid power approval from SaskPower. The company strengthened its commercial footing with a 10-year binding export agreement with South Korea’s Hydro Lithium for all Phase 1 output, scaling from 150 tonnes per annum to a target of 10,000 tpa of lithium carbonate equivalent, and a non-binding offtake agreement to supply 6,000 tpa LCE as concentrated lithium chloride to Stardust Power’s Oklahoma refinery, while also raising A$1.45 million via its at-the-market facility to support development. These agreements underpin long-term revenue visibility, validate the economic viability of the project, and embed Prairie Lithium within a North American–centric critical minerals supply chain linking Canadian production to key partners in South Korea and the United States.

The most recent analyst rating on (AU:PL9) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Arizona Lithium Limited stock, see the AU:PL9 Stock Forecast page.

More about Arizona Lithium Limited

Prairie Lithium Limited is an ASX- and OTC-listed lithium company developing the Prairie Lithium Project, targeting commercial-scale production of lithium from brine in Canada. The company aims to supply lithium chemicals, including lithium carbonate equivalent and lithium chloride, into global battery and energy transition supply chains, with a strategic focus on North American critical minerals and export markets in Asia and the United States.

Average Trading Volume: 13,240,250

Technical Sentiment Signal: Sell

Current Market Cap: A$44.64M

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