Australia's Arizona Lithium up on strategic partnership for lithium extraction

Prairie Lithium

26/10/2022 05:39

** Shares of Arizona Lithium Ltd  AZL.AX  rise as much as
9.5% to A$0.092, their highest since Sept 19 
    ** Stock posts its biggest intraday pct gain since Oct 18
    ** Stock gains for four consecutive sessions
    ** Australia-based exploration co says strategic partnership
for lithium extraction with U.S. environmental biotech Co
Cemvita  urn:newsml:reuters.com:*:nASXc89RYd
    ** Co adds strategic partnership with Cemvita to develop
commercial-scale applications for bioextraction of lithium from
sedimentary ore
    ** Co further adds research and development work will take
place at AZL's new Lithium Research Centre using ore from AZL's
Big Sandy Lithium Project in Arizona    
    ** More than  37.4 mln shares change hands, vs the 30-day
average volume of 18.5 mln shares
    ** Stock has fallen 20% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))