AZL 5.26% 1.8¢ arizona lithium limited

Ann: Letter to Shareholders, page-25

  1. 1,871 Posts.
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    No, these "brine" from aquifers literally kilometres below ground are not drinkable. They are worse than the sea/ocean and very concentrated with all sorts of things on the periodic table. Plenty of these acquifers have oil in Saskatchewan and already being mined for those oil.

    Think of these fluids as salty water flowing through rocks deep underground. For context, roots of trees at the max and very rare would go down 7 feet or 2metres... well far from the said 1.5-2.5km where these salty brine aquifers are located.

    Once the eluate are extracted for shipping to LRC, the remaining brine are pumped back into a different aquifer but still deep down, 1.5km or more.

    The environmental impact is above ground. Basically the footprint of where drills are made. Hence this type of lithium mining is by far the most environmentally friendliest known to us at this point in time.

    Once the resource is exhausted (meaning the brine no longer has lithium) the holes are cemented as if nothing was drilled to begin with. "Water" would never run out as its flowing all the way to the sea.

    Hope this helps
    Last edited by BRProject: 27/11/23
 
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