Standard Lithium Stock Price, News & Analysis

Standard Lithium Ltd. (SLI) has signed a Letter of Intent with Koch Minerals & Trading to develop a market-based pricing mechanism for lithium chemical off-take at its South West Arkansas Project. This agreement aims to leverage Koch's global procurement capabilities to enhance the sourcing of key raw materials. Importantly, this LOI does not affect existing agreements with LANXESS. Standard Lithium's CEO emphasized the strategic benefits of this partnership in optimizing costs and quality, essential for financing and operating future projects.

Standard Lithium has signed a Letter of Intent (LOI) with Koch Minerals & Trading to establish a market-based pricing mechanism for lithium chemical off-take at its South West Arkansas Project. This collaboration aims to leverage Koch's global procurement capabilities to source key raw materials. The LOI will not affect existing arrangements with LANXESS. Standard Lithium is optimistic about benefiting from projected high lithium prices in the coming decade, while Koch aims to enhance its trading and supply capabilities in the lithium value chain.

Standard Lithium has achieved significant milestones in its lithium extraction project. The company successfully produced battery-quality lithium carbonate at its SiFT plant using a groundbreaking Direct Lithium Extraction (DLE) method. Additionally, Standard Lithium has expanded its team and engaged a top engineering firm to conduct Pre-FEED studies for its first commercial plant. The company also improved its proprietary lithium-selective sorbent, collaborating with a leading global supplier to ensure a domestic source for future production.

Standard Lithium has successfully produced battery-quality lithium carbonate using its innovative Direct Lithium Extraction (DLE) process. This achievement marks its SiFT lithium carbonate plant as the first of its kind to operate at scale with a single crystallization step. The company plans to build its first commercial lithium plant, engaging a top engineering firm for essential Pre-FEED studies. Additionally, Standard Lithium is improving its proprietary sorbent for lithium extraction, ensuring a domestic supply. The company is positioned to lead the commercialization of lithium production in the U.S.

Standard Lithium Ltd. (TSXV: SLI) will present at the Bank of America Securities Virtual Battery and Storage Conference on January 10, 2022, at 10:30 AM PT. The presentation will explore if direct lithium extraction can unlock domestic mineral resources. Interested investors can access a webcast and participate in one-on-one meetings with CEO Robert Mintak. The company focuses on sustainable lithium extraction from brine operations in Arkansas, aiming to revolutionize lithium recovery.

Standard Lithium has signed a Letter of Intent with Koch Engineered Solutions to support pre-front end engineering design for its first commercial lithium plant at the Lanxess facility in Arkansas. The collaboration aims to form an Integrated Project Management Team to assist with key project management activities, including engineering design and budgeting. The plant will utilize Standard Lithium's innovative Direct Lithium Extraction technology, enhancing the efficiency of lithium recovery. This partnership highlights the Company's commitment to accelerating growth in the lithium sector.

Standard Lithium has signed a Letter of Intent (LOI) with Koch Engineered Solutions (KES) to assist with pre-front end engineering design for its first proposed commercial lithium plant in Arkansas. This collaboration aims to form an Integrated Project Management Team (IPMT) to streamline project execution, covering areas like process scale-up and preliminary engineering. President Dr. Andy Robinson highlighted the importance of this partnership for the company's growth. The lithium plant will utilize Standard Lithium's proprietary technology, enhancing lithium extraction efficiency without the need for evaporation ponds.

Standard Lithium Ltd. (TSXV: SLI; NYSE: SLI) announced a US$100 million investment from Koch Strategic Platforms (KSP) through a direct private placement. This funding will bolster Standard Lithium's strategic goals, including advancing its commercial project at the Lanxess facility and expanding the South West Arkansas Lithium Project. KSP received 13,480,083 common shares at CDN$9.43 each, totaling CDN$127 million. Additionally, KSP has the right to participate in future equity financings. The investment aims to enhance lithium extraction technologies and facilitate project expansions.

Standard Lithium Ltd. (SLI) has secured a US$100 million investment from Koch Strategic Platforms through a private placement. This investment aims to rapidly advance its commercial project at the Lanxess facility and the South West Arkansas Lithium Project, while also developing modern lithium extraction technologies. The investment issued 13,480,083 common shares at a price of CDN$9.43. Standard Lithium aims to enhance its strategic partnerships with Koch Industries to facilitate project growth and efficiency.