This past week saw Aussie-based, US-focused, Li-clay developer, Arizona Lithium (ASX:AZL, Not Rated) announce its acquisition of Canada-based, Saskatchewan-focused, Li-brine developer, Prairie Lithium (Private, Not Rated) in a deal worth ~C$70.6M. This acquisition marks Australia’s first foray into the Canadian Li-brine scene – a space that we feel has been relatively under the radar – and we expect positive knock-on effects for other Canadian Li stories. With this report, we share our views on the acquisition and its implications and discuss a group of lithium companies that may stand to benefit.
Critical Elements Lithium Corp. (TSXV:CRE) – Stop and Smell the Rose(s)
We are initiating coverage on Critical Elements Lithium Corp. with a BUY rating and C$6.00/sh target price. Critical Elements is focused on...
