Prairie Lithium Limited (ASX: PL9) — Company Overview, News & Financial Data
Prairie Lithium Limited is an Australian mineral exploration and development company focused on lithium brine extraction projects in North America.
Prairie Lithium Limited
Prairie Lithium Limited is an Australian mineral exploration and development company focused on lithium brine extraction projects in North America. The company holds subsurface brine permits spanning over 345,000 acres in southeast Saskatchewan, Canada, containing a resource of approximately 4.6 million tonnes of lithium carbonate equivalent. It utilizes direct lithium extraction technology and modular processing units to extract lithium from subsurface oilfield brines into battery-grade chemical products. The company also maintains exploration interests in New Mexico, United States, and manages corporate operations from West Perth, Western Australia.
Snapshot
Operations
Products and/or services of Prairie Lithium Limited
- Lithium Brine Asset: Development of subsurface mineral tenure holding over 345,000 acres in southeast Saskatchewan, featuring a mineral resource of 4.6 million tonnes of lithium carbonate equivalent targeted for commercial extraction and battery material production.
- Direct Extraction Operations: Deployment and operation of commercial-scale direct lithium extraction modular processing units that extract lithium from subsurface brine to manufacture concentrated, high-purity lithium chemical streams for conversion into battery materials.
- Production Facility Infrastructure: Construction and installation of commercial extraction pads, wellsite connections, electrical utilities, natural gas connections, and auxiliary fluid handling infrastructure in southeast Saskatchewan to enable initial commercial production operations.
- Secondary Brine Asset: Exploration and development of subsurface lithium brine resources covering basin leases in New Mexico, focusing on shallow lithium-bearing aquifers to provide additional regional supply capabilities for North American markets.
- Offtake and Product Testing: Refining and dispatch of lithium chemical samples to international battery cell producers and automotive original equipment manufacturers to fulfill technical testing requirements and establish commercial off-take agreements.
- Resource Acquisition and Permitting: Securing environmental permits, subsurface mineral rights, land access agreements, and well license approvals across established hydrocarbon-producing sedimentary basins in Western Canada to facilitate scalable mineral recovery.
Prairie Lithium Limited executive team
- Mr. Paul Geoffrey Lloyd B.Bus CA, C.A.MD & Director
- Mr. Matthew BlumbergExecutive Director
- Mr. Zachary MaurerExecutive Director
- Ms. Carrie SwantonChief Financial Officer
- Mr. Robert KellyGeneral Manager of Sales and General Manager of Operations
- Ms. Chelsey HillierSenior Vice President of Exploration
- Mr. Shaun Menezes B.Com., L.L.B.Company Secretary