AZL 5.26% 1.8¢ arizona lithium limited

Looking at the PFS It appears most of the capital cost is...

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    Looking at the PFS It appears most of the capital cost is getting the brine to surface. Which would make EMP's higher grade project look a bit more attractive.

    Resource comparison
    AZL: 6.3 Mt @ 106 mg/L (including 3.4 Mt @ 127mg/L and higher grade zone 600 kt @ 159 mg/L)
    EMP: 1.15 Mt @ 143 mg/L (including higher grade zone 500 kt @ 198 mg/L)

    But the pilot plant (both ILiAD) results tell a different story

    Pilot Plant results
    AZL: Feed 96 mg/L -> concentrated eluent 1223 mg/L (13 x concentration)
    EMP: Feed 190 mg/L -> concentrated eluent 1430 mg/L (7.5 x concentration)

    https://resourceworld.com/emp-lithium-test-results-exceed-expectations-ceo-says/

    I wonder why such a disparity in results?

    EMP Metals, like AZL plan to "ship the highly concentrated eluent to a third party for refinement into battery grade lithium carbonate"

    Good short video on the EMP project with relevance to other SK players.

    https://www.youtube.com/watch?v=jtKWCLAuTmY
 
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