Arizona Lithium (ASX:AZL) is set to invest AU$35 million as capital expenditure for the first phase of the Prairie Lithium Project in Canada as it implemented a phased development plan, according to a Thursday Australian bourse filing.
The first phase will see the start of production using a commercial-scale direct lithium extraction unit capable of producing 150 tonnes-per-annum lithium carbonate equivalent.
The lithium produced will be used to de-risk end-market opportunities, with battery-grade samples to be tested by interested parties in Asia. It will process brine at a rate of around 1,000 cubic meters per day.
The second and third phases will involve the expansion of production.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。