Anyone who has followed AZL and the AZ water issues over the years would know about the Saudi alfalfa farm that pumps huge amounts of water for a product that is sold overseas.
"Fondomonte pumped 31,196 acre feet of water in 2023"
For comparison Thacker Pass will use 2,850 acre feet of water per year to produce 40,000 tonnes of battery grade LCE.
The amount of water one alfalfa farm in Arizona used in 2023, Arizona Lithium would use in 22 years of producing 20,000 tonnes LCE per year. For a critical mineral that will not leave the country.
How many times have the dim Hualapai tribe held "water is life" signs outside Fondomonte. I'll answer the question for my cousin, 0 times.
AZL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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