AZL 5.26% 1.8¢ arizona lithium limited

Will AZL become a Acquisition or Merger Target in 2022?, page-8

  1. 403 Posts.
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    LZ. As I understand Piedmont do have an agreement to supply Lithium to Tesla, however there has been a big question mark hanging over Piedmont's flagship North Carolina lithium mine being approved. Also Piedmont has a 50% offtake agreement with Sayona Canada, who purchased the North American Lithium (NAL) processing plant last year, interestingly, it has come to light this week that this offtake has a limited life and it ends in 2025. Therefore Arizona Lithium's Big Sandy and Lordsburg project could be very attractive to a cashed up company like Piedmont who at this stage have not really secured a suitable Lithium resource to supply Tesla. IMO
 
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