Australia's Arizona Lithium jumps on Canada project update

Prairie Lithium

12/02/2024 03:04

** Shares of Arizona Lithium  AZL.AX  rise as much as 23.8%
to A$0.026, posting their biggest intraday percentage gain since
Nov. 17
    ** Stock hits its highest level since Jan. 23
    ** Lithium explorer provides update on its direct lithium
extraction pilot plant at its Prairie project in Canada
    ** Plant has produced 13,500L of high purity lithium
concentrate over 3 months- Co
    ** Adds plant is in its final phase of operations
    ** About 26.2 mln shares change hands, compared with the
30-day average volume of 9.9 mln
    ** Stock down 32.3% YTD, based on last close

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))