AZL arizona lithium limited

Prairie Lithium will be the piece de resistance of North American oilfield brine

  1. 1,772 Posts.
    lightbulb Created with Sketch. 931
    Comparison between North American DLE brine projects.

    Standard Lithium (Smackover):
    Average grade: 437 mg/L
    Depth of drilling: 2.7 km
    Contamination: A study conducted by the U.S. Geological Survey (USGS) found that including hydrogen sulfide (H₂S) and oil residue contamination was relative to lithium concentration. The higher the grade the more the contamination. Rumored to account for 30% of the Opex and Capex to remove these contaminations.
    Flow rates: 23 brine supply wells is planned to produce from the Smackover Formation in the higher-grade South resource area. Each well is expected to average about 1,715 m³/day

    EMP Metals (Saskatchewan):
    Average grade: 128 mg/L
    Depth of drilling: 1.8 km
    Contamination: No hydrogen sulfide or oil residue encountered
    Flow rates: ~2000 m3/day (stated by COO)

    Prairie Lithium (Saskatchewan):
    Average grade: 104 mg/L
    Depth of drilling: 2.2 km
    Contamination: No hydrogen sulfide or oil residue encountered
    Flow rates: (Based on the measured pressure, measured transmissivity, and estimated storativity, the 02-15-002-12W2M Well is theoretically capable of being pumped at a rate of 4,100m3 /day over a 3-year period.)

    Anson (Paradox, Utah)
    Average grade: 148 mg/L
    Depth of drilling: 2.3 km,
    Contamination: Not stated
    Flow rates:687 m³ highest stated flow rate of re-entered old well

    Deliverability of lithium to surface is Grade x Flow rate. Standard has the highest, which can deliver 75% more lithium to the surface than Prairie, but in a higher contaminated form requiring significant Capex and Opex to remove.

    If the theoretical flow rate can be achieved on all 3 production wells for Prairie that is already 2,484 tonnes per year of lithium to the surface in place.

    The wells can deliver, but can Paul deliver?

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $43.04M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $18.76K 2.365M

Buyers (Bids)

No. Vol. Price($)
47 27370506 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 4893617 11
View Market Depth
Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
AZL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.