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Why Did Prairie Lithium Retract Its 10,000 TPA Production Target?

8:34am on Thursday 5th of February, 2026 AEDT Mining
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Why Did Prairie Lithium Retract Its 10,000 TPA Production Target?

8:34am on Thursday 5th of February, 2026 AEDT
Key Points
  • Retraction of aspirational 10,000 TPA lithium production target due to ASX compliance
  • Binding offtake agreement with Hydro Lithium for 150 TPA lithium-bearing crystallite
  • Phase 1 proof-of-concept plant in Saskatchewan to supply lithium feedstock
  • Strategy reduces capital expenditure and operational complexity
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