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) maintains this dedicated news hub for stakeholders tracking advancements in sustainable lithium extraction. Access official announcements and third-party analysis covering operational milestones, technology innovations, and strategic partnerships.
This resource consolidates all material developments related to the company’s flagship Arkansas Lithium Project and DLE technology deployments. Investors will find timely updates on resource evaluations, partnership agreements with industry leaders like Equinor, and progress toward commercial-scale operations.
Key categories include quarterly financial results, environmental impact assessments, patent filings for extraction processes, and project expansion announcements. Content is curated to meet the needs of both technical experts and those new to the lithium sector.
Bookmark this page for direct access to verified information about SLI’s domestic brine projects and emerging extraction methodologies. Check regularly for updates that could impact long-term resource development strategies.
Standard Lithium and Equinor have been selected for up to $225 million award negotiation from the U.S. Department of Energy for their South West Arkansas lithium project. This funding will support the construction of a Central Processing Facility designed to produce 22,500 tonnes of battery-quality lithium carbonate annually using Direct Lithium Extraction technology.
The project, owned 55% by Standard Lithium and 45% by Equinor, is being expanded to target a total output of 45,000 tonnes per annum of lithium carbonate in two phases. Located in Lafayette and Columbia Counties, Arkansas, the project is expected to create up to 300 construction and 100 direct jobs, while benefiting the local community through infrastructure improvements and various development programs.
This selection is part of the DOE's efforts to expand domestic manufacturing of battery supply chain components and increase critical mineral production in the U.S.
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) and Standard Lithium (TSXV: SLI) (NYSE American: SLI) have successfully developed a new method for producing high-purity lithium sulfide, a important material for next-generation solid-state batteries (SSBs). The innovative low-temperature, high-purity process addresses key challenges in lithium sulfide production:
- Reduced production costs due to lower energy consumption
- Improved product purity for enhanced SSB performance
- Simplified production process for easier management and scalability
- Environmental benefits from reduced energy use and potentially less hazardous reagents
This breakthrough aims to establish a North American-based resource and infrastructure for next-generation battery materials, potentially transforming the solid-state battery industry.
Standard Lithium (TSXV:SLI) (NYSE American:SLI) (FRA:S5L) has announced a leadership transition effective September 1, 2024. Robert Mintak will retire as CEO but remain an advisor through August 2025. David Park, currently a strategic advisor, will assume the CEO position. Park, formerly President of Koch Strategic Platforms, brings extensive experience in corporate growth and value creation.
This transition aligns with Standard Lithium's growth strategy and follows the recent partnership with Equinor ASA. During Mintak's seven-year tenure, the company established key partnerships with LANXESS, Tetra Technologies, Koch Industries, and Equinor, positioning it as a leader in the lithium sector. The change comes as Standard Lithium moves towards commercial development of its low-cost, environmentally friendly domestic lithium projects.
Standard Lithium (SLI), a near-commercial lithium development company, announced its participation in three major industry conferences in June 2024. The company will attend the Benchmark Giga USA 2024 conference in Washington DC from June 11-13, where CEO Robert Mintak will present on June 12. They will also participate in the JP Morgan 2024 Energy, Power, and Renewables Conference in New York City on June 17-18, with a fireside chat scheduled for June 18. Finally, the company will be present at the Fastmarkets 16th Lithium Supply and Battery Raw Materials Conference in Las Vegas from June 24-27, with a presentation on June 25. Key discussions will involve building the US supply chain, the Smackover opportunity in Arkansas, and meetings with federal agencies and investors.
Standard Lithium reported its financial results for the fiscal third quarter ended March 31, 2024, highlighting the strategic partnership with Equinor, which injects immediate liquidity through direct investments in South West Arkansas and East Texas projects. The company installed a commercial-scale direct lithium extraction column and advanced the South West Arkansas project. Additionally, Equinor acquired interests in the projects for a total investment of $160 million. The company maintained financial efficiency by issuing common shares, providing gross proceeds of Ca$2.4 million and US$9.5 million during the quarter. The company has no term or revolving debt obligations as of March 31, 2024.
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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