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AZLO OTCQB; AZLAF

  • Lithium in SK, Part 29: Arizona Lithium begins drilling commercial production wells near Torquay

    Moving towards commercial production next year

    TORQUAY – The smile on Zach Maurer’s face was enormous.

    As well it should be.

    Eight years…

    It’s been nearly eight years since he started looking for lithium in Saskatchewan. And now, standing before him, was Betts Drilling Rig 1, drilling what is intended to be the first lithium production well in Saskatchewan.

    Read more at pipelineonline.ca

    Zach Maurer’s been working on commercializing lithium in Saskatchewan for nearly eight years. Now, the first commercial production well is being drilled. Photo by Brian Zinchuk

  • Investor Webinar – 30 May 2024

  • Arizona Lithium cutting the ribbon on its Lithium Research Centre

    Arizona Lithium will officially open its Lithium Research Centre in Arizona that functions as a test centre focused on the extraction of lithium from its Prairie project in Saskatchewan, Canada, and the Big Sandy project in Arizona.

    Read more on Stockhead

  • Australian lithium company opens research center in Tempe

    Phoenix Business Journal

    By Paul Thompson – Managing Editor
    May 31, 2024

    Inside Arizona Lithium’s new Tempe research center.

    A new research facility backed by the Arizona Commerce Authority has opened in Tempe that is expected to advance lithium processing technology and support two lithium mining developments in North America — including one in Arizona.

    Australia-based Arizona Lithium Ltd. has opened its 20,451-square-foot Lithium Research Center, which will serve as a “technology incubator focused on the extraction of lithium” from key North American lithium developments, according to a May 31 announcement. Those developments include the Big Sandy Lithium Project in northwestern Arizona and the Prairie Lithium Project in Saskatchewan, Canada, where Arizona Lithium recently commenced drilling operations.

    The facility announcement marks another feather in the cap of Arizona’s growing battery manufacturing sector. In the Phoenix metro alone, LG Energy Solution Ltd. is planning a $5.5 billion battery complex in Queen Creek, while the first phase of KORE Power Inc.’s forthcoming 908,880-square-foot battery cell manufacturing plant in Buckeye is estimated to cost $1 billion and bring more than 1,600 jobs to the area.

    Arizona Lithium’s Tempe facility features a 16,469-square-foot processing facility for lithium chemicals and a 3,982-square-foot research lab. It will create more than 20 high-skilled jobs and support hundreds of jobs at the Big Sandy project. The Lithium Research Center is “focused on technological advancements in lithium processing,” according to the announcement.

    “We strongly believe the LRC is critical to the company in order to test and optimize our lithium processing technologies and ultimately produce Lithium from both of our major projects, Prairie and Big Sandy, in the most economic and sustainable manner,” said Paul Lloyd, managing director of Arizona Lithium, in a statement.

    Arizona Lithium in 2022 announced its plans to bring a lithium research facility to Arizona, but it didn’t yet have a location. At the time, the company said it had accepted a grant for $1 million from the ACA and is eligible for financial programs related to capital investment and job creation totaling more than $100 million.

    “Arizona Lithium marks yet another international company investing in Arizona, showcasing the state’s global attractiveness,” said Sandra Watson, president and CEO of the Arizona Commerce Authority, in a statement. “The Tempe facility strengthens Arizona’s mining and materials industry and highlights our leadership in clean energy technologies, such as batteries.”

  • Arizona Lithium starts drilling deep at its Prairie brine project

    Lithium-brine developer Arizona Lithium has kicked off well drilling at Pad #1 at the advanced Prairie project in Saskatchewan, Canada, with production testing expected to start next month.

    Read more on Stockhead

  • Top 5 ASX Lithium Stocks – Shares in Value

  • Long Shortz with Arizona Lithium: Schwarzenegger’s stamp of approval

    Arizona Lithium has cut the ribbon on pilot plant operations as lithium reaches celebrity status.

    Watch on Stockhead TV

  • High Voltage: Exxon lithium pivot to push lithium narrative into overdrive; EV sales surge in Europe

    • Oil and gas titan ExxonMobil reveals big bold lithium-producing plans
    • Despite recent bearish lithium spot prices, EV sales are surging in Europe
    • S&P Global believes lithium supply will need to increase 270% to meet future demand
    • Weekly ASX battery metal gainers led by: AZL, WML, ASR

    Read the full article on Stockhead