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Prairie Lithium Limited (ASX:PL9)

ALERT: Price-sensitive ASX Announcement for PL9
Current share price for PL9 : $0.007 0 (0%)+
Announcement
Release
5 Nov 2025 9:17AM
Price at Release
$0.007
Full Release
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Summary
Prairie Lithium Limited (ASX: PL9) announced the commencement of construction on their lithium extraction facility at Pad #1. The foundation of the facility is expected to be completed by January 2026, with building construction commencing shortly after. They have submitted an electricity application to SaskPower to connect the facility to grid power. Four commercial-scale lithium extraction columns are being fabricated and are expected to arrive by April 2026. The facility is anticipated to be the largest Direct Lithium Extraction (DLE) facility in North America. The company is engaged in offtake discussions with potential partners in North America and Asia, emphasizing the strategic importance of their high-quality lithium brine resource. The project is situated in Saskatchewan, Canada, known for its mining-friendly environment, and aims to maintain strong environmental credentials by minimizing freshwater usage and waste.
Key Points
  • Construction of lithium extraction facility at Pad #1 has commenced.
  • Foundation completion expected by January 2026.
  • Electricity application submitted to SaskPower.
  • Four commercial-scale lithium extraction columns being fabricated.
  • Facility to be the largest known DLE facility in North America.
  • Offtake discussions underway with North American and Asian partners.
  • Project located in Saskatchewan, Canada, with strong environmental focus.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.