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. develops lithium brine projects in the United States, with flagship activity in the Smackover Formation across Arkansas and Texas. Recurring updates center on the South West Arkansas Project, the company’s East Texas resource position, and the use of direct lithium extraction and purification technology to produce battery-quality lithium carbonate.
Company news also covers the Arkansas demonstration plant near El Dorado, Smackover Lithium joint venture activity with Equinor, customer offtake agreements such as the Trafigura contract, permitting and project-finance workstreams, financial results, equity financing updates, and strategic advisory engagements tied to domestic critical-minerals supply chains.
Standard Lithium (TSXV:SLI) (NYSE American:SLI) has appointed Karen G. Narwold as an independent member of its board of directors. Narwold brings over 30 years of executive leadership experience in manufacturing and chemicals, most recently serving as Chief Administrative Officer, General Counsel and Corporate Secretary at Albemarle until her retirement in 2023.
Narwold's extensive background includes leadership roles in legal, compliance, external affairs, governance, human resources, and corporate development for multinational companies. She previously held positions as Vice President and Strategic Counsel at Barzel Industries and Vice President, General Counsel at GrafTech International. Currently, she serves on the Board of Directors for Ingevity , where she chairs the Sustainability & Safety Committee.
Smackover Lithium, a joint venture between Standard Lithium and Equinor, has successfully completed the final Direct Lithium Extraction (DLE) derisking step for their South West Arkansas (SWA) project. The three-month field-pilot test exceeded key performance criteria, with:
- Over 99% lithium recovery from brine (exceeding 95% design criteria)
- Processing of 100,170 gallons of brine from the IPC-1 well
- Completion of 497 DLE cycles
- Production of 970 gallons of concentrated lithium chloride solution
The DLE product has been sent to three vendors for conversion to battery-quality lithium carbonate, expected to yield approximately 27 kg by May 2025. This testing complements the company's existing Demonstration Plant in El Dorado, Arkansas, which has processed over 28 million gallons of brine since 2020.
Standard Lithium (TSXV:SLI) (NYSE:A:SLI), a leading near-commercial lithium developer, has announced its participation in the 37th Annual Roth Conference. The company's senior leadership team, including Chief Financial Officer Salah Gamoudi and Director of Finance Chris Lang, will be available for one-on-one meetings with investors during the conference.
Interested investors can arrange meetings through their Roth representative or by contacting Standard Lithium's Investor Relations team directly at investors@standardlithium.com.
Standard Lithium (TSXV:SLI) (NYSE:A:SLI) and Equinor have announced Smackover Lithium as the name for their joint venture focused on developing direct lithium extraction (DLE) projects in Southwest Arkansas and East Texas. The announcement was made at a community meeting in Lewisville, Arkansas, where the joint venture plans to establish a field office near its South West Arkansas (SWA) project.
The SWA project, located in Lafayette and Columbia counties, is positioned to become one of the world's first commercial-scale DLE facilities. The joint venture, formed in May 2024, aims to advance DLE projects in the Smackover basin and will continue Standard Lithium's community engagement efforts to boost economic development and expand educational and workforce opportunities in the region.
Standard Lithium (NYSE:A:SLI) and Equinor have secured a $225 million grant from the U.S. Department of Energy for their South West Arkansas (SWA) lithium project. The project, owned 55% by Standard Lithium and 45% by Equinor, aims to be one of the world's first commercial-scale Direct Lithium Extraction facilities.
The SWA project is expected to produce 45,000 tonnes per annum of lithium carbonate, developed in two phases of 22,500 tonnes each. The partnership is targeting a Final Investment Decision by the end of 2025, with Phase 1 production planned for 2028. The project will undergo an Environmental Assessment this year.
The development is expected to create approximately 100 direct, long-term jobs and 300 construction jobs, with a commitment to hire at least 40% of the operations workforce locally. The project will also support local infrastructure improvements, healthcare initiatives, educational partnerships, and workforce development programs.
SWA Lithium, a joint venture between Standard Lithium and Equinor ASA, has begun drilling a new exploration well (Lester-1) at their South West Arkansas Lithium Project. The well has reached 8,000 feet depth, with a target of 9,600 feet. The project includes core sampling from the Smackover Formation and extensive reservoir testing.
The company is also conducting field programs at four existing wells in the proposed first area of operation, involving well re-entry, hydraulic testing, and brine sampling. Initial results indicate better reservoir properties than previously documented in the preliminary feasibility study, with higher lithium concentrations in brine samples.
The data collected will inform the upcoming Front End Engineering Design (FEED) and Definitive Feasibility Studies (DFS), scheduled for completion by mid-2025. Large volumes of brine have been collected from the International Paper Company well for field-based pilot testing.
SWA Lithium, a joint venture between Standard Lithium and Equinor, has successfully launched a pilot Direct Lithium Extraction (DLE) plant at the South West Arkansas Project. The facility, developed in partnership with Koch Technology Solutions (KTS), processes brine directly from SWA to validate engineering design parameters and produce battery-quality lithium carbonate samples for potential off-take partners.
The pilot plant utilizes KTS Li-Pro™ Lithium Selective Sorption technology and will operate until late-January 2025. It's expected to produce approximately 1,000 gallons of concentrated lithium chloride solution, which will be converted by three vendors into approximately 30 kg of battery-quality lithium carbonate. This output will be used for qualification with potential off-take partners and help inform vendor selection for the first commercial facility.
Standard Lithium (TSXV:SLI) has appointed Paul Collins as an independent member of its board of directors. Collins brings over 35 years of advisory and investment banking experience in industrials, chemicals, and energy sectors. His appointment comes as the company prepares for a pivotal 2025, focusing on securing customer off-take commitments and financing.
Collins previously served as Senior Advisor and Partner at Centerview Partners (2014-2023), Vice Chairman of Barclay's North American Investment Banking Division (2008-2014), and held leadership positions at several major financial institutions. Throughout his career, he has advised on transactions totaling approximately $190 billion worldwide.
Standard Lithium (NYSE American:SLI) announced its fiscal Q1 2025 results, highlighting a conditional $225 million DOE grant for the South West Arkansas Project, one of the largest ever awarded to a U.S. critical minerals project. The company reported $28.9 million in cash and $24.7 million in working capital as of September 30, 2024, with no debt obligations. The company appointed David Park as CEO effective September 1, 2024. Their commercial-scale DLE column achieved 95.4% lithium recovery efficiency. Phase 1 of the SWA project is planned to produce 22,500 tonnes of battery-quality lithium carbonate annually starting in 2028.
SWA Lithium has signed a license agreement with Koch Technology Solutions to use their Li-Pro Lithium Selective Sorption technology for their first commercial DLE project in North America. The agreement includes technology performance guarantees with lithium recovery ≥95% and impurity rejection ≥99% for key elements.
The commercial-scale DLE column at the Demonstration Plant has shown impressive results, achieving 95.4% lithium recovery efficiency during a four-month continuous operation period, processing 90 gallons per minute of brine. The technology has completed over 9,740 operational cycles and processed over 24 million gallons of Smackover brine, demonstrating excellent contamination rejection rates exceeding 99% for major impurities.