Welcome to our dedicated page for Standard Lithium news (Ticker: SLI), a resource for investors and traders seeking the latest updates and insights on Standard Lithium stock.
Standard Lithium Ltd. (SLI) generates a steady flow of news related to its lithium-brine development activities in the United States, particularly in the Smackover Formation in Arkansas and Texas. Company updates often focus on technical milestones, project financing, regulatory progress and capital markets activity, reflecting its status as a near-commercial lithium development company.
News items frequently cover developments at the South West Arkansas (SWA) Project, the flagship greenfield project being advanced through Smackover Lithium, the joint venture between Standard Lithium and Equinor. Examples include the filing of a Definitive Feasibility Study for the SWA Project, regulatory approvals from the Arkansas Oil and Gas Commission for unitization and integration of the Reynolds brine unit, and indications of interest from export credit agencies and commercial banks for senior secured project debt to fund Phase 1 construction.
Investors following SLI news can also expect updates on the Franklin Project in East Texas, where Smackover Lithium has reported a Maiden Inferred Resource containing lithium carbonate equivalent, potash and bromide, and has highlighted what it describes as the highest reported lithium-in-brine grades in North America. Additional coverage includes announcements of equity offerings intended to fund capital expenditures at the SWA and Franklin projects, participation in investor conferences, and quarterly financial and operating results summarized in press releases and Form 6-K filings.
This news feed allows readers to track how Standard Lithium and its joint venture progress from resource definition and feasibility work toward potential commercial development, while monitoring financing initiatives, regulatory steps and other material events that the company chooses to disclose.
Standard Lithium Ltd. (TSXV: SLI, NYSE American: SLI) has appointed Claudia D'Orazio and Anca Rusu as independent directors, effective immediately. Claudia brings valuable experience from roles in oil, gas, and human resources, while Anca has over 20 years of expertise in global capital projects within the energy sector. These appointments aim to enhance the company's governance and support its growth during a critical phase. Standard Lithium focuses on lithium extraction from brine and operates an innovative Direct Lithium Extraction Demonstration Plant at its LANXESS Property Project. The company is strategically positioned for commercialization in the lithium market.
Standard Lithium Ltd. (SLI) announced successful completion of the USPTO review for its lithium extraction patents. The USPTO issued a Notice of Allowance for its third patent application, adding to two previously issued patents. This development enhances Standard Lithium’s proprietary Direct Lithium Extraction (DLE) technology from lithium brines. The company anticipates formal registration of the patent shortly. They are advancing projects in Arkansas, focusing on sustainable lithium production from brine sourced from significant mineral leases.
Standard Lithium has made significant progress towards its first commercial lithium plant in El Dorado, Arkansas. The company finalized a Site Access Agreement with LANXESS Corporation, allowing site work to commence for the Definitive Feasibility Study (DFS). The project, known as Phase 1A, is set at the LANXESS South Facility. Fieldwork is already underway, supervised by Optimized Process Designs LLC. This foundational work aims to gather essential data for designing the lithium extraction plant, which is expected to leverage environmentally efficient Direct Lithium Extraction technology.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) announced its participation in three key industry conferences from November 16 to December 9, 2022. These include the Benchmark 2022 Week in Los Angeles, where it will present at the Brine Lithium Panel on November 16, the Deutsche Bank Lithium Battery Supply Chain Conference in New York City on December 7, and the Bank of America Virtual Lithium Conference on December 8-9. The company focuses on lithium extraction from brine with projects in Arkansas and California, emphasizing environmentally friendly processing methods.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI) announced its fiscal Q1 results for the period ending September 30, 2022, highlighting significant progress in its commercial development strategy. The company reported a strong cash position of $124 million and a working capital surplus of $121 million. Key milestones include awarding the FEED and DFS for its first commercial lithium plant, successful commissioning of a novel chloride-to-hydroxide conversion pilot plant, and the commencement of a resource expansion drilling program. The company remains focused on advancing its projects with confidence.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI) will participate in The Future is Lithium Conference on November 8, 2022, at 8:50 am PT. The virtual event features CEO Robert Mintak presenting among other industry leaders. Standard Lithium is focused on lithium extraction projects in Arkansas, utilizing a first-of-its-kind Direct Lithium Extraction (DLE) process that enhances recovery and reduces environmental impact. The company is advancing both the LANXESS Project and the South-West Arkansas Project, with studies to assess their commercial viability.
Standard Lithium Ltd. (SLI) announced a significant milestone as the U.S. Patent and Trademark Office granted Notices of Allowance for two of its patent applications concerning a revolutionary technique for Direct Lithium Extraction (DLE) from brines. This affirmation of the company's technology supports its first commercial lithium extraction project in Arkansas. The patents are part of three pending U.S. applications, with formal registration expected soon. Dr. Andy Robinson highlighted the advancement in intellectual property rights as critical for the company's growth.
Standard Lithium Ltd. (SLI) provided updates on its lithium project in El Dorado, Arkansas. The Company successfully installed and commissioned a first-of-its-kind Hydroxide Pilot Plant, converting lithium chloride into battery-quality lithium hydroxide. This pilot will support technology assessments for future plants. Standard Lithium also began drilling for resource expansion in the Smackover Formation and is conducting a Front End Engineering Design (FEED) and Definitive Feasibility Study (DFS) for its first commercial project, aiming for a production capacity of 5,000-6,000 tonnes per annum of lithium carbonate.
Standard Lithium Ltd. has appointed PricewaterhouseCoopers LLP (PWC) as its new independent registered public accounting firm, effective October 17, 2022. This decision follows the approval of the audit committee and the Board of Directors, succeeding Manning Elliott LLP. Robert Cross, Non-Executive Chairman, expressed confidence in PWC's ability to deliver high-quality audits. Standard Lithium is an innovative technology and lithium project development company focused on lithium extraction from brine operations, particularly in southern Arkansas.
Standard Lithium Ltd. (SLI) announced the award of the Front End Engineering Design (FEED) and Definitive Feasibility Study (DFS) for its first commercial lithium plant in Arkansas to Optimized Process Designs (OPD), a Koch Engineered Solutions business. The project aims to process brine at Lanxess's South Facility, targeting annual production of 5,000 to 6,000 tonnes of battery-quality lithium carbonate. This initiative forms part of a phased approach to lithium production, enhancing the company's commitment to responsible development and supporting ongoing commercial discussions with Lanxess.