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Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the sustainable development of the Big Sandy Lithium Project in Arizona.
Prairie Lithium, headquartered in Emerald Park, Sask., holds the highest-quality inferred lithium brine resource in Canada discovered to date. Operating in Saskatchewan’s resource-rich and mining-friendly Williston Basin, Prairie Lithium’s projects have easy access to key infrastructure including electricity, natural gas, fresh water, paved highways, and railroads.
Read the Business Edge Article
The rapid growth of high-tech electronics has ignited a global race to secure the rare metals that comprise them.
The electric car market is driving insatiable demand for lithium. But a supply crisis of the wonder metal could dent the world’s chances of meeting its climate goals.