Australia's Arizona Lithium set for best day in 9 weeks on lithium firm acquisition

Prairie Lithium

27/03/2023 03:00

** Shares of Arizona Lithium Ltd  AZL.AX  jump as much as
9.3% to A$0.047, on track for best day since Jan 25, if gains
hold
    ** The lithium miner says it completed the acquisition of
Prairie Lithium Corporation
    ** Acquisition represents a 1,200% increase to AZL's global
lithium Resource
    ** Stock down 30.7% this year, as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))