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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.
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Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) announced its participation in the Echelon Partners Lithium Summit on April 13, 2023, at 10:00 AM PT. The virtual event is designed for investors interested in lithium opportunities.
Interested attendees not connected with Echelon can register by entering “None” in the salesperson field. Standard Lithium is focused on lithium extraction and purification through its innovative processes at projects in southern Arkansas and California. The company has a demonstration plant that utilizes Direct Lithium Extraction (DLE), significantly improving recovery rates and efficiency. Current studies include a Definitive Feasibility Study for the LANXESS Property and a Preliminary Feasibility Study for the South West Arkansas Project.
For more information, visit Standard Lithium’s website.
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Standard Lithium Ltd. (SLI) announced a key resource expansion in the East Texas Smackover region, reporting the highest confirmed lithium grade brine in North America at 634 mg/L. This discovery is pivotal, as lithium concentration significantly influences capital expenditures and operational costs in Direct Lithium Extraction (DLE). The company has acquired rights to existing wells and plans to drill new ones, enhancing its portfolio in the Gulf Coast region. Standard Lithium is set to release further technical reports detailing these project areas shortly, underscoring its commitment to future lithium production.
Standard Lithium Ltd. has initiated a drilling program at its South West Arkansas Lithium Project to support its upcoming Preliminary Feasibility Study (PFS). The program aims to define resources, enhance the resource estimate, and optimize wellfield design. Dr. Andy Robinson, President and COO, stated that this systematic drilling involves both new and existing wells to gather necessary data for the PFS and the subsequent Definitive Feasibility Study (DFS). The initial re-entry into the Beulah-Taylor #1 well has been completed, reaching a total measured depth of 8,940 ft. The drilling program will continue through Q2 2023, collecting vital data for lithium extraction analysis.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) announced its participation in two upcoming investor conferences: the Loop Capital Markets Investor Conference and the 35th Annual ROTH Conference, both scheduled for March 13-14, 2023. The Loop Capital event will be virtual, while the ROTH Conference will take place in Laguna Niguel, CA. Management will hold one-on-one meetings with investors. Standard Lithium is a leader in lithium development with key projects in Arkansas focused on innovative lithium extraction methods. They operate a unique Direct Lithium Extraction facility, enhancing recovery efficiency and reducing environmental impact.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) will participate in the BMO 32nd Global Metals, Mining & Critical Minerals Conference from February 26 to March 1, 2023, in Hollywood, Florida. Management will host one-on-one meetings with investors. Interested parties can contact BMO Capital Markets or Standard Lithium's IR Team via email.
The company focuses on lithium extraction from brine across its key projects in Arkansas and is known for its innovative Direct Lithium Extraction technology. The company commenced various feasibility studies for its projects in 2022.
Standard Lithium (SLI) announced significant advancements in its commercial lithium extraction project, achieving key milestones in fiscal Q2 2023 ending December 31, 2022. The company secured a Site Access Agreement for its first commercial lithium plant, essential for conducting fieldwork for the Definitive Feasibility Study (DFS). Additionally, it received a Notice of Allowance for its final U.S. patent application on Direct Lithium Extraction (DLE) technology. The firm maintained a strong cash position with $107 million on hand and a working capital surplus of $105 million, while enhancing its competitive stance by installing a Carbon Capture Pilot Plant to minimize emissions.
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