Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)
Lithium
45.53
0.5%
Gold
2,670.40
0.64%
Copper
4.12
(0.81%)
Oil
69.49
0.65%
Bitcoin
97,661.59
3.51%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,933.30
0.91%
Iron Ore
102.15
1.11%
USD/AUD
0.65
0.14%
Hang Seng
19,601.11
(0.23%)

Arizona Lithium (ASX: $AZL) commences drilling for production unit at Prairie

Arizona Lithium commences drilling for production unit at Prairie


Arizona Lithium Limited (ASX:AZL) has announced the commencement of drilling Well #3 at Pad #1 at its Prairie Project. This follows the successful drilling and conversion of Well #2 into a disposal well, with the exploration and disposal results currently under analysis. The company's Pre-Feasibility Study highlighted the necessity for production wells, disposal wells, and brackish water source wells for its commercial operations, all of which are being established at Pad #1. These developments are crucial for the deployment of Direct Lithium Extraction (DLE) at commercial scale and the company's plans for lithium production in 2025.

Arizona Lithium Managing Director's Commentary


Arizona Lithium Managing Director, Paul Lloyd, expressed excitement about the commencement of drilling the 3rd well on Pad #1, emphasizing that having the first 3 wells in place allows the company to finalize facility design, look to facility construction in H1 2025, and commence lithium brine production shortly thereafter. This marks a significant milestone on the company's path to production of lithium on Pad #1 in 2025.

Summary of Arizona Lithium's Prairie Project


Arizona Lithium's Prairie Lithium Project, located in the Williston Basin of Saskatchewan, Canada, holds a resource of 6.3 MT of LCE, with strong environmental credentials and easy access to key infrastructure. The drilling of Well #3 at Pad #1 signifies a crucial step towards the company's goal of lithium production in 2025. With the necessary well infrastructure being established, Arizona Lithium is on track to deploy Direct Lithium Extraction (DLE) at commercial scale and commence lithium production in 2025, aligning with its sustainable approach to lithium development. The company's Managing Director's positive outlook and the completion of the initial well infrastructure further reinforce Arizona Lithium's ambitions and goals for the Prairie Project.

ARIZONA LITHIUM LIMITED
AZL | ASX | Materials
0.014-0.001(-6.67%)
At close 20/11 (AEDT)
Market cap
$62.6M
Volume
2,565,976
DY Yield
PE Ratio
52 Week Range
0.014 - 0.047
1YR Return
N / A

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions