InvestorsHub Logo
Post# of 26891
Next 10
Followers 437
Posts 42954
Boards Moderated 2
Alias Born 05/08/2006

Re: None

Wednesday, 06/10/2020 11:28:40 AM

Wednesday, June 10, 2020 11:28:40 AM

Post# of 26891
Compensated Awareness Post View Disclaimer
QualityStocksNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Begins Commissioning Phase of Industrial-Scale Pilot Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, on Monday announced its completion of the construction of its industrial-scale lithium carbonate crystallisation pilot plant and commencement of the commissioning phase. According to the update, the plant is designed to take the intermediate product made by the Company’s LiSTR direct lithium extraction process (a high purity, concentrated lithium chloride solution) and convert it into a battery-quality (or better) lithium chemical as used by manufacturers in the lithium ion battery supply chain. “Saltworks has done a fantastic job delivering this state-of-the-art lithium carbonate crystallisation plant, especially given the recent complications related to COVID-19. Our plan over the coming months has necessarily been adapted to fit the current trans-border situation between Canada and the USA,” Standard Lithium COO and President Dr. Andy Robinson stated in the news release. “As we are able to freely transport large volumes of lithium chloride product from our operational demo plant in Arkansas up to Vancouver, once commissioning is completed we will initially test and run the SiFT plant using this feedstock, thus demonstrating the total lithium extraction and crystallisation flowsheet that we have developed. Once trans-border movement of staff and equipment is relaxed, hopefully in the not too distant future, then we will transport the modules and integrate this SiFT Crystallisation Plant in to our 24/7 operations in Arkansas.”

To view the full press release, visit http://ibn.fm/U7a0g

About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is an innovative technology and lithium development company. The Company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first of a kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS South Plant facility in southern Arkansas. The Demonstration Plant utilizes the Company’s proprietary LiSTR technology to selectively extract lithium from LANXESS’ tailbrine. The Demonstration Plant is being used for proof of concept and commercial feasibility studies. The scalable, environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. The Company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California.

Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the OTC – Nasdaq Intl Designation under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.StandardLithium.com.

NOTE TO INVESTORS: The latest news and updates relating to STLHF are available in the company’s newsroom at http://ibn.fm/STLHF

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.