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Tuesday, January 30, 2018 2:40:51 PM
- Standard Lithium works to reduce political, permitting and technology risks
- Standard Lithium is expanding facilities into southern Arkansas
- Innovative low-risk opportunities being sought to meet the increasing demand for lithium
Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) actively seeks to reduce political, permitting and technology risks, all while positioning itself as a leader in the production of lithium. The company works to eliminate exploration and development risks by focusing on existing brine fields and partnering with U.S. chemical processing companies. By focusing on U.S.-based assets, Standard reduces political and geographical risks, working within jurisdictions that already understand how to permit and approve brine extraction and processing at large industrial scales. Whenever possible, Standard partners with companies holding existing permits and licenses in favorable jurisdictions. Technology risks are decreased by leveraging existing industrial processes and extraction technologies, partnering with world class chemical processing engineers and using leading scientific and engineering advisory teams.
A network of brine production wells in southern Arkansas provides access to the Smackover Formation. In a statement made by Standard Lithium’s Chief Executive Officer, Robert Mintak, there is talk of building a Pilot Plant “fed by a network of brine production wells in southern Arkansas that access underground brine from the Smackover Formation and transport it via an extensive system of pipelines and related infrastructure.”
In the last 80 years, the Smackover Formation has produced billions of barrels of brines. This opportunity will give the company access to tail brines for the testing of viable lithium extraction and aligns fully with Standard Lithium’s goal of creating efficient processing techniques to produce battery-grade lithium products from otherwise overlooked brine resources.
With the demand for lithium set to increase by more than 300 percent in the next eight years, the company is looking for innovative low-risk opportunities to meet the need. In the Mojave Desert of California, it is using the region’s record-high evaporation rates to its advantage. Standard has installed six new separate evaporation ponds at its Bristol Dry Lake property for extensive brine extraction and processing. The company’s project area in California covers over 45,000 acres, and its recent entry into an option agreement with TETRA Technologies Inc. will provide access to 33,000 acres of brine leases in southern Arkansas.
The world’s demand for lithium is on the uptick with the ever-increasing interest in electric vehicles, smartphones, laptops and other battery-operated technologies. Standard Lithium is positioning itself to be a leader in the industry. In 2017, its stock returned 348 percent to investors, and the company has a current market cap of around C$136 million.
For more information, visit the company’s website at www.StandardLithium.com
Recent SLI News
- Standard Lithium Successfully Commissions First Commercial-Scale DLE Column in North America • GlobeNewswire Inc. • 04/24/2024 10:00:24 AM
- Standard Lithium Installs Commercial DLE Column at Demonstration Plant • GlobeNewswire Inc. • 03/13/2024 05:05:06 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/22/2024 03:18:56 PM
- Standard Lithium to Participate in Upcoming Industry Conferences • GlobeNewswire Inc. • 02/21/2024 09:05:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/09/2024 05:26:33 PM
- Standard Lithium Spearheads Arkansas Lithium Innovation Summit • GlobeNewswire Inc. • 02/09/2024 12:00:03 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/08/2024 02:55:04 PM
- Standard Lithium Reports Fiscal Second Quarter 2024 Results, Schedules Investor Update Call • GlobeNewswire Inc. • 02/08/2024 02:10:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/24/2024 04:18:36 PM
- Standard Lithium Advances South West Arkansas Project: Definitive Feasibility Study and Front-End Engineering Design Firm Chosen • GlobeNewswire Inc. • 01/24/2024 08:01:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/12/2024 09:35:17 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/04/2023 09:41:25 PM
- Standard Lithium to Participate in December Investor Conferences • GlobeNewswire Inc. • 12/04/2023 09:04:35 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/04/2023 06:33:48 PM
- Standard Lithium Provides Update on Phase 1A Commercialization Progress, Announces Engagement of Citi for Strategic Financing and Partnerships • GlobeNewswire Inc. • 12/04/2023 11:01:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/24/2023 09:10:46 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/20/2023 02:28:50 PM
- Standard Lithium Provides Comprehensive Results of Its Fully Optimized and Proven DLE Process • GlobeNewswire Inc. • 11/20/2023 11:00:00 AM
- Form SUPPL - Voluntary Supplemental Material by Foreign Issuers [Section 11(a)] • Edgar (US Regulatory) • 11/17/2023 10:15:40 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/17/2023 10:00:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/17/2023 09:06:04 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/14/2023 05:24:05 PM
- Standard Lithium Anchors U.S. Lithium Leadership in Smackover Formation, Arkansas, as Global Energy Players Enter the Region • GlobeNewswire Inc. • 11/14/2023 05:17:56 PM
- Standard Lithium Reports Fiscal First Quarter 2024 Results • GlobeNewswire Inc. • 11/10/2023 01:10:01 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/31/2023 08:53:47 PM
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