Arizona Lithium Limited (ASX: AZL) is an ASX listed company focused primarily on the development of a low-cost lithium project in America’s battery corridor. The Big Sandy Project is located on interstate I93 between Phoenix and Las Vegas and comprises 311 Bureau of Land Management (BLM) claims in Arizona, covering approximately 25km2.
Development of lithium projects is a priority for Federal US agencies following the signing of the Executive Order ‘Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals’ on 20 December 2017. Big Sandy is also of strategic relevance given the Tesla Gigafactory is located approximately 960km by sealed interstate highway to the north-west.
Big Sandy is characterised largely by flat-lying basin sediments with analcime and potassic alteration zones. The green lacustrine Lithium bearing sedimentary horizon is traceable for over 11km north to south and extends at least 2km to the east as a flat sheet at or near surface. Faults underlying the lake may have served as channel ways for lithium-rich solutions to percolate into the lake basin and possibly alter and enrich the existing clays in lithium.
Paul Lloyd, Managing Director
Appointed in September 2018, Paul Lloyd is a Chartered Accountant with over 30 years commercial experience and operates his own corporate consulting business, specialising in the area of corporate, financial and management advisory services. After commencing his career with an international accounting firm, he was employed for approximately 10 years as the General Manager of Finance for a Western Australian based international drilling contractor working extensively in Asia and Africa. Paul has been responsible for a number of IPOs, RTOs, project acquisitions and capital raisings for ASX listed public companies.
Barnaby Egerton-Warburton, Non-Executive Chairman
Barnaby Egerton-Warburton has over 20 years of trading, investment banking, international investment and market experience with positions at JP Morgan, BNP Equities (New York) and Prudential Securities (New York). He is an experienced investment banker and corporate advisor, having held managing director and non-executive director positions in the investment banking, oil & gas and resource sectors.
David Deak, Advisor
Dr David Deak is an engineer and built his career on emerging technologies and supply chain development in renewable energy, energy storage, and electric vehicles. Formerly, he held the role of Senior Development Engineer at Tesla Motors Inc., where he oversaw special supply chain projects and battery engineering programs. Dr Deak has also served as Chief Technical Officer at Lithium America’s Corp (Market Cap AU$485M+).