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Standard Lithium Ltd. - SLI STOCK NEWS

Welcome to our dedicated page for Standard Lithium Ltd. news (Ticker: SLI), a resource for investors and traders seeking the latest updates and insights on Standard Lithium Ltd. stock.

Standard Lithium Ltd. (Symbol: SLI) is a pioneering company dedicated to the exploration and development of lithium brine properties in the United States. With a strong focus on technological innovation and results, the company is led by a management team with extensive technical expertise. Their key project, the Arkansas Lithium Project, is strategically located in south-central Arkansas, positioning Standard Lithium at the forefront of the domestic lithium production industry.

SLI's portfolio includes several promising ventures such as the Lanxess Project, Tetra Project, and the Bristol Dry Lake Project. These projects underline the company's commitment to diversifying its production locations and leveraging advanced technologies to optimize lithium extraction and processing.

Recently, Standard Lithium has made significant strides in its operations. The company has commissioned and operationalized a commercial-scale Direct Lithium Extraction (DLE) column at its demonstration plant in Arkansas, utilizing Koch Technology Solutions Li-Pro LSS Unit. This development marks a critical phase in their efforts to further de-risk and validate the DLE process through extensive testing over the next six months.

In financial terms, Standard Lithium continues to advance strategic and commercial discussions while maintaining a strong financial position with no debt obligations and substantial cash reserves. Recent financial statements and conference calls, such as the upcoming Q3 fiscal results webcast scheduled for May 13, 2024, provide transparency and insight into the company’s financial health and strategic direction.

The company has also gained significant commercial traction with a notable investment commitment from Equinor, which has pledged up to US$160 million for a 45% interest in two special purpose entities with SLI. This collaboration aims to develop a sustainable lithium business in the United States, underscoring Standard Lithium's strategic importance in the global lithium supply chain.

Standard Lithium actively engages with stakeholders and the broader community through regular updates and participation in industry events. For instance, Arkansas Governor Sarah Huckabee Sanders and U.S. Senator John Boozman are slated to deliver keynotes at a sold-out summit, further highlighting the company’s influence and commitment to regional economic development.

Stay informed about Standard Lithium's latest updates and developments by following their official Twitter handle (@standardlithium) and LinkedIn page.

Rhea-AI Summary

Standard Lithium announced a strategic partnership with Equinor ASA for sustainable lithium projects, with Equinor committing up to US$160 million for a 45% stake in two entities, strengthening Standard Lithium's financial position and expertise in lithium development.

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Standard Lithium successfully commissions the first commercial-scale DLE column in North America at its Demonstration Plant in Arkansas. The Company installed a Li-Pro LSS unit supplied by Koch Technology Solutions, achieving a 97.3% lithium recovery efficiency and over 99% rejection of key contaminants. The DLE column has operated continuously, completing over 86 operational cycles and processing 17,039,825 gallons of Smackover brine. The performance validates design assumptions for future projects, positioning Standard Lithium as a major sustainable lithium producer in North America.
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Standard Lithium successfully installs a commercial-scale Direct Lithium Extraction column at its Demonstration Plant, further derisking the DLE process for commercial applications. The column, supplied by Koch Technology Solutions, will undergo extensive testing over the next 6 months. Key findings include high lithium recovery efficiency, element rejection rates, and operational cycle data.
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Standard Lithium Ltd. announces senior leadership participation in upcoming industry conferences, including BMO 33rd Global Metals, Mining and Critical Minerals Conference, BofA Global Agriculture and Materials Conference 2024, and 36th Annual Roth Conference. CEO Robert Mintak to present at various panels and meetings.
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Standard Lithium Ltd. sponsors the Arkansas Lithium Innovation Summit, highlighting the state's role in the U.S. lithium supply chain. Keynotes by Governor Sarah Huckabee Sanders, Secretary of Commerce Hugh McDonald, and Senator John Boozman. Industry leaders to discuss direct lithium extraction technologies and environmentally responsible practices.
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Standard Lithium Ltd. reported its financial and operating results for the fiscal second quarter ended December 31, 2023. Despite a challenging lithium sector, the company continues to advance strategic and commercial discussions. They have no long-term debt obligations and positive working capital. The company has appointed key executives, released the results of an optimized DLE process, concluded a successful drilling program, and secured lithium brine production rights. They have engaged Citi for strategic financing and partnerships, and commenced an at-the-market offering program. The company has no term or revolving debt obligations as of December 31, 2023, with cash and equivalents and working capital of Ca$15.8 million and Ca$5.7 million, respectively.
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Standard Lithium Ltd. has selected Ausenco Engineering Canada ULC to complete the Definitive Feasibility Study and Front-End Engineering and Design services for the South West Arkansas Project. The SWA Project is expected to be one of the world’s first commercial scale DLE projects located in the Smackover Formation in southwest Arkansas, with the potential to produce up to 35,000 tonnes per annum of battery-quality lithium hydroxide over a 20-year operating life.
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Standard Lithium Ltd. (TSXV:SLI) (NYSE American:SLI) (FRA:S5L) will participate in virtual investor conferences in December 2023, featuring CEO Robert Mintak. The company is a leading near-commercial lithium development company.
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Standard Lithium Ltd. (SLI) provides an update on its Phase 1A Project at LANXESS' South Plant near El Dorado, Arkansas. The company has engaged Citi for strategic financing and partnership options. LANXESS Corporation plans to commercialize its role in the Phase 1A Project. The U.S. Treasury Department's announcement on the Inflation Reduction Act’s Foreign Entity of Concern strengthens the appeal of Standard Lithium's Smackover projects. The DFS anticipates the first production of battery-quality lithium carbonate in 2026, with an average annual production of 5,400 tonnes per annum.
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Standard Lithium Ltd. (SLI) shares detailed performance results from its Direct Lithium Extraction (DLE) process at its Demonstration Plant near El Dorado, Arkansas. The company's DLE process at the Plant achieved an average lithium recovery of 96.1% and rejected over 99% of key contaminants from the brine. The Plant has processed over 15 million gallons of Smackover brine, providing valuable data for the future operation of a full-scale commercial DLE plant. The LiPROTM LSS (DLE) technology has been successfully integrated into the company's overall flowsheet, with the DLE process completing over 8,000 operational cycles. The company has also successfully converted the initial product to battery quality lithium carbonate and lithium hydroxide.
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FAQ

What is the current stock price of Standard Lithium Ltd. (SLI)?

The current stock price of Standard Lithium Ltd. (SLI) is $1.48 as of December 13, 2024.

What is the market cap of Standard Lithium Ltd. (SLI)?

The market cap of Standard Lithium Ltd. (SLI) is approximately 278.9M.

What is Standard Lithium Ltd. focused on?

Standard Lithium Ltd. is focused on the exploration and development of lithium brine properties in the United States, including the Arkansas Lithium Project.

What are the key projects of Standard Lithium?

The key projects include the Arkansas Lithium Project, Lanxess Project, Tetra Project, and Bristol Dry Lake Project.

Has Standard Lithium made any recent advancements in their projects?

Yes, SLI has commissioned a commercial-scale DLE column at its demonstration plant in Arkansas and plans extensive testing over the next six months.

What is the financial condition of Standard Lithium?

Standard Lithium reports no debt obligations and has a substantial amount of cash on hand, indicating a strong financial position.

Who are some key partners of Standard Lithium?

Equinor is a notable partner, committing up to US$160 million for a 45% interest in two special purpose entities with SLI.

Where can I find updates on Standard Lithium's activities?

You can follow Standard Lithium on Twitter (@standardlithium) and LinkedIn for the latest updates and developments.

When is the next earnings call for Standard Lithium?

The Q3 fiscal results conference call and webcast is scheduled for May 13, 2024.

What is SLI's value creation strategy?

Their strategy focuses on acquiring a diverse portfolio of production locations and leveraging innovation and technical expertise.

Who are the notable speakers at the upcoming summit involving Standard Lithium?

Keynote speakers include Arkansas Governor Sarah Huckabee Sanders and U.S. Senator John Boozman.

What technology is SLI using in their DLE process?

SLI is using Koch Technology Solutions Li-Pro LSS Unit for their commercial-scale DLE process.

Standard Lithium Ltd.

NYSE:SLI

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