Given the large existing JORC compliant lithium resource with excellent upside potential, AZLs ability to produce a high-quality product in Arizona, USA, in a market with rapidly increasing demand and price, along with quality infrastructure choices and proactive State and Federal Governments, presents a highly promising future for Arizona Lithium and its shareholders.. An Alaskan Native Corporation has joined forces with an Anchorage-based investment firm to raise a $250 million private equity fund. The agreement provides for ALZ and NTEC to commence work towards development of the Big Sandy project while at the same time continuing due diligence and negotiation of a definitive agreement., NTEC is no stranger to mining operations and energy projects like Big Sandy. Pic: Getty, March 14, 2022May 10, 2022 | Special Report. Total Indicated and Inferred Resources of 32.5 Million Tonnes (Mt) grading 1,850 parts per million (ppm) Li or 320,800 tonnes Lithium Carbonate Equivalent (LCE). The Big Sandy Lithium project is set to officially kick off in 2023 and is backed by shareholders of Arizona Lithium and the NTEC Board and partners. However, projects will still need to secure environmental approval with the EPA (Environmental Protection Agency), EPA administrator Michael Regan saying that skirting environmental laws and disproportionately impact communities of colour as well as tribal communities was a thing of the past something Aussie-listed Arizona has been equally proactive about. The claims dispute spans back to 2021 and concerns certain federal unpatented mining claims located in Mohave county. Comprising 331 BLM claims of 20acres each, The company will also look to use new tech, such as leach solution purification using ion exchange, improved crystallisation methods for the final product, and further recovery of lithium from beneficiation waste to make Big Sandy an exemplar of responsible and sustainable mining. The Big Sandy Lithium project is set to officially kick off in 2023 and is backed by shareholders of Arizona Lithium and the NTEC Board and partners. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the sustainable development of the Big Sandy Lithium Project in Arizona. While you may ask us in your comment to withhold personal identifying information from public review, we cannot guarantee that we will be able to do so. The Permit of Exploration (POE) that includes 145 exploration holes and a bulk sample at the Companys Big Sandy Lithium project in Arizona is awaiting Bureau of Land Management (BLM) approval. The company plans to work with the Navajo Nation and other Indian Nations to ensure the development at Big Sandy prioritizes appropriate cultural and environmental safeguarding throughout the process. The Big Sandy Project in Arizona, is a very shallow, flat lying mineralized sedimentary lithium resource. Prairie Lithium, headquartered in Emerald Park, Sask., holds the highest-quality inferred lithium brine Damon Clarke, chairman of the Hualapai Tribe, worries that the lithium mine will damage Cofer Hot Springs. Ivan Bender, the caretaker of HaKamwe, reports that flow of water from their well, is now only a trickle compared to what it used to be [1]. This article does not constitute financial product advice. The mine is projected to use as much as 2.5 billion gallons of water/year [6]. The grade estimates a range of values demonstrated from drilling and surface sampling. Last month, the company completed a Scoping Study, which identified unique opportunities at the project, leveraging new extraction technology. A conscientious company founded on our rich energy legacy, with strategic, diversified assets to serve the Navajo people, our employees, and our communities. The Big Sandy lithium project consists of 311 mining claims of approximately 20 acres each, physically staked on Bureau of Land Management, Federally Testing conducted by Hazen Research managed to produce battery grade 99.85% lithium carbonate from Big Sandy. The companys Lithium Research Centre in Tempe, Arizona, will be used for technology development and collaboration with process equipment and battery manufacturers. Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the The information is not intended to imply any recommendation or opinion about a financial product. The massive open-pit copper mine in Bagdad to the south, which is run by the Phoenix-based international mining firm Freeport-McMoRan, pumps in water from wells By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. The demand for minerals like lithium and graphite is expected to increase by as much as 4,000 percent. That demand and lack of domestic supply are precisely why AZL and NTEC have decided to work together on lithium operations at Big Sandy. Arizona Lithium Limited (ASX:AZL) has commenced a scoping study for the Big Sandy Lithium Project in Arizona with the engagement of Ausenco Engineering USA South, Inc. to complete the study. Arizona Lithium managing director Paul Lloyd said: We are delighted to be fast-tracking the Definitive Feasibility Study in order to accelerate the development of the Big Sandy Project. Sulfuric acid consumption of 490 kg/mt on the beneficiated concentrate, the equivalent of 176 kg/mt for the whole ore body. Tribal Business News is required reading for tribal council members and leaders of Native businesses, as well as state and federal legislators, policymakers, economic developers, entrepreneurs, bankers, lawyers and anyone interested in doing business in Indian Country. Founded with the purpose of promoting the development of the Navajo Nations resources and new sources of energy, power, and transmission, NTEC has not wavered in its commitment to preserving the cultural and environmental well-being of the Navajo Nation. Netflix and Chill? For investors, getting access to the right information is critical. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. This field is for validation purposes and should be left unchanged. WebThe Lordsburg Project sits within the playa lake system at the northernmost end of the Animas Valley, southwest New Mexico. If you would like to receive a hard copy of the environmental assessment, contact the BLM Kingman Field Office at 928-718-3700. Arizona Lithium told shareholders thatthe transfer of these claims would have no material effect on the development of its Big Sandy lithium project. button above. Diamond core drill holes are expected to reach target depths of approximately 300 feet. Phoenix New Times, 6/11/21.https://www.phoenixnewtimes.com/news/wikieup-lithium-mine-big-sandy-hualapai-tribe-ranchers-water-hawkstone-11561652, [7] Relevant documents provided by Protect Ha'Kamwehttps://www.protecthakamwe.org/documents, [8] White house fact sheet announcing use of Defense Production Act for lithium. Electrified vehicles ignite a revolutionary paradigm shift in mining, Jindalee unveils updated mineral resource estimate at Mcdermitt Lithium Project, Magnis Signs Offtake Agreement for North American Anode Active Material Production, LG Chem to invest $75m in Piedmont Lithium, secures SC6 offtake deal, Grid stability: Decoding renewed interest in synchronous condensers, Vestas to deliver turbines for 1.6GW Nordseecluster offshore wind project, CPP Investments to acquire 49% stake in Aera Energy from IKAV, Fireweed Metals to acquire Mactung tungsten project in Canada, Azule awards contracts worth $7.8bn for Agogo west hub project, Advertise with us Advertising enquiries: Roy Morris, roy.morris@progressivemediainternational.com, +44 (0) 20 7406 6613. As part of its strategic alliance with AZL, NTEC has committed to lead the operational development of Big Sandy, which will include everything from Bureau of Land Management project permitting, mine design, drilling environmental assessments, construction, and contract mining operations. Lithium is used to manufacture batteries. The agreement allows ALZ and NTEC to commence development work for the Big Sandy project while also continuing due diligence and negotiation of a definitive agreement. As part of the strategic alliance agreement, when NTEC meets certain mining development milestones concerning the Big Sandy Lithium Project, it will receive remuneration in cash or Arizona Lithium (AZL) shares and options to purchase additional ordinary shares. The BLM invited the Hualapai to comment on plans for the mine in June 2020, but when the Hualapai requested to participate as a cooperating agency, the BLM denied their request. Exploratory drilling has encroached within 700 feet of HaKamwe: a medicinal hot spring on Hualapai sovereign land that is sacred to their people. The Big Sandy lithium project is a proposed open-pit lithium mine on the homelands of the Hualapai Nation in Arizona, USA. local news and culture. Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the sustainable development of the Big Sandy Lithium Project in Arizona. NTEC owns the Navajo Mine, currently holds a seven-percent interest in the Four Corners Power Plant, and also owns and operates mines in Montana and Wyoming.. Morning Update Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Her department, which has already received applications for US$2bn in loans to fund domestic strategic minerals projects, is also proactively contacting junior miners to discuss potential loans. Arizona Lithium currently owns and operates a Nikola Tre BEV electric semi-truck, which will be used to generate the performance and economic data for a full-scale fleet. Today, Arizona Lithium Limited (ASX: AZL, AZLO, AZLOA, OTC: AZLAF) and Navajo Transitional Energy Company (NTEC) announced a Strategic Alliance Term Sheet to support the development of the Big Sandy Lithium Project. Prairie Lithium, headquartered in Emerald Park, Sask., holds the highest-quality inferred lithium brine The word "Insider". The project is proposed by Australian company Recent results from bench-scale metallurgical test work by Hazen Research on mineralised material from the Big Sandy Lithium research include: Ore beneficiation has produced a concentrate containing 71% of the lithium in 36% of the whole ore mass1. Later recovery of lithium from beneficiation waste. Megwetch. Copies of the preliminary EA will be available for public review and commenting through BLMs ePlanning website. This setting is controlled by cookies and should your cookies be re-set you will then be directed to the regional edition associated with the geographic location of our IP address. The basin is an elongated feature bounded to the west by the Peloncillo mountains and to the east by the Pyramid mountains. I look forward to keeping shareholders up to date with new strategic partnerships, the progress of the feasibility study and delivering an exciting report before the end of 2023.. Sign up for our free newsletter to track Native business and the tribal economy. Share sensitive information only on official, secure websites. NTEC will lead the operational development of Big Sandy, including Bureau of Land Management project permitting, mine design, drilling environmental assessments, construction, and contract mining operations. Ore would be slurried and transported by pipe to Kingman, AZ (50 miles) where lithium would be extracted using a =sulfuric acid leaching process [2]. separate emails by commas, maximum limit of 4 addresses, 1st March 2023 In a landmark speech in Houston last week, US Energy Secretary Jennifer Granholm told attendees she was working to streamline new sources of minerals urgently needed for electric vehicle production. All comments must be received online or postmarked by May 11, 2021, to be considered in the final decision. Arizona Lithium on Wednesday said that the two companies had now reached a mutually agreeable claim exchange in lieu of litigation or further dispute resolution proceedings, which would enable both parties to proceed with the development of their respective lithium projects in the year. Subscriptions are available via the Creamer Media Store. The Big Sandy lithium project consists of 311 mining claims of approximately 20 acres each, physically staked on Bureau of Land Management, Federally administered land (Figure 1). 2023 Will Be a Year of Strong Demand for Critical Minerals: Forecasts, Zambian Copper Attracting Strong Global Investment Support. We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library. Pat Sherrill, a farmer in Wikieup, said that the lithium mine will ruin his water wells. It will also focus on the development of a chemically stable and structurally strong leached tailing that can be used as direct backfill for mining and reclamation activities. It's free. By: Esmarie Iannucci Arizona Lithium has much to be happy about. Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the sustainable development of the Big Sandy Lithium Project in Arizona. PERTH (miningweekly.com) ASX-listed Arizona Lithium has reached a settlement with Aim-listed Bradda Head Lithium over a claims dispute at the Big Sandy EMAILTHISARTICLE. From September 25-28, 2021, members of the Hualapai Nation along with other Native and non-Native allies walked 110 miles from Peach Springs, Arizona, to Cholla Ranch to protest the Big Sandy lithium project. Regional Indigenous people have organized walks to protest the mine, and they have served official notice multiple times to the BLM and the drilling company to stop the drilling [1]. US-based mineral exploration company Arizona Lithium is advancing the development of the Big Sandy lithium project by starting a Definitive Feasibility Study (DFS) at the project. Privacy Policy As miners chase clean energy minerals, tribes fear a repeat of the past, The New York Times, 12/27/21.https://www.nytimes.com/2021/12/27/us/mining-clean-energy-antimony-tribes.html, [5] Arizona Lithium websitehttps://www.arizonalithium.com/big-sandy/, [6] Kelety, Josh. The permit of exploration that includes 145 exploration holes and a bulk sample at the companys Big Sandy Lithium project in Arizona is awaiting Bureau of Land Management approval. A note about relevant advertising This represents the first step in the process of evaluating extraction, treatment and transportation options, identifying key cost centres, that allow for evaluation and optimisation, thereby creating optimum value, while making the Project a global model for responsible and sustainable mining. https://www.listcorp.com/asx/azl/arizona-lithium-limited/news/commencement-of-scoping-study-on-big-sandy-lithium-project-2663981.html, [4] Healy, Jack and Baker, Mike. As part of the Strategic Alliance Agreement, when NTEC meets certain mining development milestones with respect to the Big Sandy Lithium Project, it will receive remuneration in cash or AZL shares and options to purchase additional ordinary shares. Note: Search is limited to the most recent 250 articles. 2/1/2022. NATIVE AMERICANS INCLUDING KUMEYAAY, SAN DIEGO ACTIVISTS AND SUPPORTERS FROM FOUR STATES STAND WITH HUALAPAI NATION IN OPPOSING PROPOSED LITHIUM MINE, East County Magazine, 11/2021.https://www.eastcountymagazine.org/native-americans-including-kumeyaay-san-diego-activists-and-supporters-four-states-stand-hualapai, [2] Kapoor, Maya L. Mining for lithium, at a cost to Indigenous religions, High Country News, 6/9/21. Community involvement is welcomed to ensure mutually beneficial outcomes for all stakeholders and the Company is very confident that drilling program can be completed without environmental impact and to the satisfaction of all stakeholders. We use them to give you the best experience. Please enter the email address that you used to subscribe on Mining Weekly. Medicinal hot spring on Hualapai sovereign land that is sacred to their people must! 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