Standard Lithium Stock Price, News & Analysis

Standard Lithium Ltd. (SLI) is launching a pilot project in southern Arkansas to test innovative carbon capture technology in collaboration with Aqualung Carbon Capture AS. The project aims to minimize CO₂ emissions from lithium production processes and optimize production costs. This initiative aligns with the U.S. government's goals for sustainable lithium production and reflects an alignment with the White House's recent CCUS announcement. Manufacturing of the pilot unit is set to begin in Q4 2021, with installation planned for early 2022.

Standard Lithium Ltd. (SLI) provided an update on its SiFT lithium carbonate plant installation at the South Arkansas project. The plant is fully installed, with 'wet' commissioning ongoing, aiming for operational integration by September. A new High Pressure Reverse Osmosis (HPRO) unit is now operational, enhancing the lithium extraction process. The company also reported no storm-related disruptions from Hurricane Ida due to preemptive safety measures. Standard Lithium is engaged in community sponsorships for local events, promoting corporate social responsibility.

Standard Lithium Ltd. (SLI) has completed the installation of its SiFT lithium carbonate plant at its South Arkansas project. All major connections are made, with 'wet' commissioning ongoing and full operations expected to start in September. The company also announced the installation of a High Pressure Reverse Osmosis unit to enhance lithium chloride concentration. Furthermore, operations were uninterrupted by Hurricane Ida due to proactive safety measures. Standard Lithium is committed to community engagement, sponsoring local events.

Standard Lithium Ltd. has filed a preliminary short form base shelf prospectus with Canadian securities regulators, allowing future offerings of securities of up to US$250 million. The Company has a robust cash position of C$30.26 million and is debt-free. This filing seeks to enhance financial flexibility for strategic initiatives, with no immediate plans for capital raising. The Shelf Prospectus supports the Company’s growth strategy and is a preliminary step towards a US registration statement. Standard Lithium focuses on innovative lithium extraction technologies in Arkansas.

TETRA Technologies reported second quarter 2021 revenue of $102 million, a 32% sequential increase from Q1 2021, benefitting from peak seasonal sales in Northern Europe. The net loss before discontinued operations narrowed to $6.7 million from $11.9 million in Q1. Adjusted EBITDA rose 44% to $13 million, driven by improved operational performance. Despite a cash flow decline, demand for completion fluids is expected to rise. The company is also expanding its facility in Finland and investing in low carbon energy initiatives, including a $5 million investment in CarbonFree.

Standard Lithium Ltd. has appointed Dr. Volker Berl as an independent director, effective immediately. Dr. Berl brings extensive experience from the chemical industry and institutional capital markets, which is expected to bolster the company's objectives in lithium project development. He previously held notable positions at BASF and Deutsche Bank and is currently involved with multiple technology-focused companies. As part of his appointment, he received performance share units, restricted share units, and stock options, subject to shareholder and regulatory approval of the long-term incentive plan.

Standard Lithium Ltd. (SLI) has successfully delivered its ‘SiFT’ lithium carbonate plant to the El Dorado project site in Arkansas. The plant, linked to the existing LiSTR Direct Lithium Extraction demo plant, is designed to convert lithium chloride into battery-quality lithium carbonate. Having operated in Vancouver, the plant is now being integrated at the Arkansas site, with plans for a weatherproof structure to be installed soon. This move supports Standard Lithium's goal of operating North America's only 24/7 brine-to-carbonate plant, enhancing its production capabilities.

Standard Lithium Ltd. announced the delivery of its ‘SiFT’ lithium carbonate plant to its project site in El Dorado, Arkansas. This plant will process lithium chloride from the Company’s DLE demo plant, producing battery-quality lithium carbonate. The SiFT plant, previously operating in Vancouver, demonstrated production purity exceeding 99.9%. The project is significant, aiming to establish the only continuous brine-to-carbonate lithium plant in North America. Standard Lithium continues to advance its proprietary technologies to enhance lithium extraction and production efficiency.

Standard Lithium has begun trading on the NYSE American as of July 13, 2021, under the ticker symbol SLI. The company's dual listing on the NYSE American and TSX Venture Exchange does not require action from current shareholders and involves no changes in name, CUSIP, or share consolidation. Standard Lithium focuses on lithium extraction technology and operates a demonstration plant in Arkansas, utilizing its proprietary LiSTR technology to efficiently extract lithium from brine.