01:20:55 EDT Tue 21 Apr 2026
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Ellis Martin Report: Prairie Lithium (PLIXF) - DLE Facility Near Completion, Revenue Target 2026

2026-04-20 20:16 ET - News Release

Perth, Australia, April 21, 2026 - (ABN Newswire) - Prairie Lithium Limited (ASX:PL9) (OTCMKTS:PLIXF) (FRA:UDE) is advancing a large-scale lithium brine project in Saskatchewan, Canada, with a clear pathway toward production using Direct Lithium Extraction (DLE) technology.

In this interview, executives Zach Maurer and Matthew Blumberg outline major progress, including:

Commercial-scale DLE facility nearing completion (Q2 2026)
Strategic partnership with South Korea's Hydro Lithium
Equipment delivery and installation underway
Targeting first lithium production and revenue by end of 2026

Prairie Lithium is positioned uniquely with:

One of the largest lithium brine resources in Canada (~4.6M tonnes LCE)
Permitted for production - a rare advantage
Vertical integration via refining partnership (reducing CapEx and risk)
Strong exposure to rising global lithium demand driven by EV growth

Initial production is expected at smaller scale, with expansion phases to follow-potentially unlocking significant long-term value.

With lithium demand accelerating and supply chains shifting away from China, Prairie Lithium is positioning itself as a strategic North American supplier.

To Listen to the Interview, please visit:
https://www.abnnewswire.net/lnk/X62NG23T


About Prairie Lithium Ltd:

Prairie Lithium Ltd. (ASX:PL9) (OTCMKTS:PLIXF) (FRA:UDE) is a lithium exploration and development company with its head office in Perth, Western Australia. The company is currently exploring and developing the Prairie Lithium project in Saskatchewan, Canada. The company also has BLM claims for exploration near Lordsburg, New Mexico, USA.


About The Ellis Martin Report:

The Ellis Martin Report (TEMR) and Money Talk Radio feature interviews with industry leaders in mining, biotech, energy, and technology. The program is globally syndicated through multiple financial platforms and streaming services.

Contact:
 
Paul Lloyd, Managing Director
+61 419 945 395
paul@prairielithium.com

Zach Maurer, Executive Director
1 306 580 9954
zach@prairielithium.com 


Source:
Prairie Lithium Ltd The Ellis Martin Report

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