Arizona Signs Lease For World Class Lithium Research Centre
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Arizona Signs Lease For World Class Lithium Research Centre

byColin Sandell-Hay, Contributor - The Assay
5 days ago
Reading Time: 2 mins read
Arizona Signs Lease For World Class Lithium Research Centre

Big Sandy Lithium Project developer, Arizona Lithium Limited (ASX: AZL) has signed a five-year lease with extension options for the location of a world class Lithium Research Centre in Tempe, Arizona.

The Research Centre will focus on technological advancements in lithium processing and aims to advance the battery materials industry in Arizona, with construction expected to be completed in the next four months and key processing steps operational by Q4 2022.

The property spans over 9,700 sq. m, including a building of over 1,900 sq. m, with 3,000 sq. m of pavement protected by security gates and a brick wall. The building has 370 sq. m for sensitive laboratory instruments and 1,530 sq. m for processing ore/brine and producing lithium chemicals, with a 7m clearance.

 The size and unique features of the property, coupled with the substantial experience of Brett Rabe, AZL’s Chief Technical Officer, who will be responsible for driving the project, will make it a truly world class research and development centre, expected to attract some of the top talent and projects in the world.

The Research Centre will be located in the vibrant Phoenix area with the likes of Kore Power, LG Energy Solutions, Lucid Motors, Nikola Corporation and Arizona State University.

Big Sandy Lithium Project (Arizona)

The Big Sandy Project, as a very shallow, flat lying mineralised sedimentary lithium resource and with excellent available infrastructure, has the potential to be developed with a very low environmental footprint.

Arizona Lithium’s successful 2019 drill programme at Big Sandy resulted in the estimation of a total Indicated and Inferred JORC resource of 32.5 million tonnes grading 1,850 ppm Li for 320,800 tonnes Li2CO31.

This represents four per cent of the Big Sandy Project area that contains an estimated exploration target of between 271.1Mt to 483.15Mt at 1,000 – >2,000ppm Li2.

The Permit of Exploration (POE) that includes 145 exploration holes and a bulk sample at the company’s Big Sandy Lithium project in Arizona is awaiting Bureau of Land Management (BLM) approval.

For further information please visit: https://www.arizonalithium.com/

Tags: ArizonaASX:AZLBattery MetalsDevelopmentLithiumUSA
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