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SWA Lithium and Koch Technology Solutions Sign License for First Commercial DLE Project in North America

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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.

SWA Lithium ha firmato un accordo di licenza con Koch Technology Solutions per utilizzare la loro tecnologia di Li-Pro Lithium Selective Sorption nel primo progetto commerciale di DLE in Nord America. L'accordo include garanzie sulle prestazioni tecnologiche con recupero di litio ≥95% e rifiuto di impurità ≥99% per gli elementi chiave.

La colonna DLE su scala commerciale presso l'Impianto Dimostrativo ha mostrato risultati impressionanti, raggiungendo un'efficienza di recupero del litio del 95,4% durante un periodo di funzionamento continuo di quattro mesi, elaborando 90 galloni al minuto di salamoia. La tecnologia ha completato oltre 9.740 cicli operativi e ha trattato oltre 24 milioni di galloni di salamoia Smackover, dimostrando eccellenti tassi di rifiuto della contaminazione superiori al 99% per le principali impurità.

SWA Lithium ha firmado un acuerdo de licencia con Koch Technology Solutions para utilizar su tecnología de Li-Pro Lithium Selective Sorption en su primer proyecto comercial de DLE en América del Norte. El acuerdo incluye garantías de rendimiento tecnológico con una recuperación de litio ≥95% y un rechazo de impurezas ≥99% para elementos clave.

La columna DLE a escala comercial en la Planta de Demostración ha mostrado resultados impresionantes, alcanzando una eficiencia de recuperación de litio del 95,4% durante un período de operación continua de cuatro meses, procesando 90 galones por minuto de salmuera. La tecnología ha completado más de 9,740 ciclos operativos y ha procesado más de 24 millones de galones de salmuera Smackover, demostrando excelentes tasas de rechazo de contaminación que superan el 99% para las principales impurezas.

SWA 리튬Koch Technology Solutions와 라이선스 계약을 체결하여 북미 첫 상업적 DLE 프로젝트를 위한 리튬 선택적 흡착 기술인 Li-Pro Lithium Selective Sorption을 사용합니다. 이 계약에는 리튬 회수율 ≥95%와 주요 원소의 불순물 거부율 ≥99%에 대한 기술 성능 보장이 포함됩니다.

시연 공장의 상업 규모 DLE 컬럼은 4개월 동안 지속 운영 기간 동안 90갤런의 브라인을 매 분 처리하며 95.4%의 리튬 회수 효율을 달성하는 인상적인 결과를 보여주었습니다. 이 기술은 9,740회 이상의 운영 사이클을 완료하고 2400만 갤런 이상의 Smackover 브라인을 처리하여 주요 불순물에 대한 불순물 거부율이 99%를 초과하는 우수한 오염 거부률을 입증했습니다.

SWA Lithium a signé un accord de licence avec Koch Technology Solutions pour utiliser leur technologie de Li-Pro Lithium Selective Sorption dans leur premier projet commercial de DLE en Amérique du Nord. L'accord inclut des garanties de performance technologique avec un taux de récupération du lithium ≥95% et un rejet des impuretés ≥99% pour les éléments clés.

La colonne DLE à l'échelle commerciale de l'usine de démonstration a montré des résultats impressionnants, atteignant une efficacité de récupération du lithium de 95,4% durant une période d'exploitation continue de quatre mois, traitant 90 gallons par minute de saumure. La technologie a complété plus de 9 740 cycles opérationnels et traité plus de 24 millions de gallons de saumure Smackover, démontrant d'excellents taux de rejet de contamination dépassant 99% pour les principales impuretés.

SWA Lithium hat einen Lizenzvertrag mit Koch Technology Solutions unterzeichnet, um deren Technologie für Li-Pro Lithium Selective Sorption in ihrem ersten kommerziellen DLE-Projekt in Nordamerika zu nutzen. Der Vertrag umfasst Leistungsgarantien der Technologie mit einer Lithium-Rückgewinnung von ≥95% und einer Ablehnung von Verunreinigungen von ≥99% für kritische Elemente.

Die kommerzielle DLE-Säule im Demonstrationswerk hat beeindruckende Ergebnisse gezeigt und während eines viermonatigen kontinuierlichen Betriebs eine Lithium-Rückgewinnungseffizienz von 95,4% erreicht, indem sie pro Minute 90 Gallonen Sole verarbeitet. Die Technologie hat über 9.740 Betriebszyklen abgeschlossen und mehr als 24 Millionen Gallonen Smackover-Sole verarbeitet und dabei hervorragende Rückweisungsraten von Verunreinigungen von über 99% für die wichtigsten Verunreinigungen erzielt.

Positive
  • License agreement secured for commercial-scale DLE technology with performance guarantees
  • Demonstrated 95.4% lithium recovery efficiency in commercial-scale testing
  • Excellent impurity rejection rates >99% for major contaminants
  • Successful completion of over 9,740 operational cycles
  • Processed over 24 million gallons of brine, proving operational capability
Negative
  • None.

Insights

The licensing agreement for Li-Pro LSS technology represents a significant technological milestone in North American lithium production. The demonstrated 95.4% lithium recovery efficiency and >99% impurity rejection rates are exceptional for DLE technology, positioning this as a leading solution for commercial-scale lithium extraction.

The performance guarantees and extensive testing data (over 9,740 operational cycles and 24 million gallons processed) substantially de-risk the technology implementation. The continuous operation and consistent results from the demonstration plant provide strong validation of the technology's commercial viability. The phased license payment structure and technical support commitments from KTS create a favorable framework for scaling operations.

This agreement marks a pivotal advancement in North American lithium production capabilities. The technology's proven performance metrics address key challenges in lithium extraction: high recovery rates, minimal water usage and superior impurity rejection. These factors significantly improve the project's economic viability and environmental footprint.

The option to extend the license to subsequent project phases provides valuable operational flexibility and growth potential. The successful demonstration at commercial scale, combined with KTS's performance guarantees, substantially reduces execution risk for investors. This positions SWA Lithium favorably in the rapidly expanding domestic lithium market, particularly given the increasing demand for reliable lithium supply chains.

Commercial-Scale DLE Column Continues to Exceed Expectations at Demonstration Plant in Arkansas

EL DORADO, Ark., Oct. 28, 2024 (GLOBE NEWSWIRE) -- SWA Lithium, the Joint Venture between Standard Lithium and Equinor which is developing the South West Arkansas Project (“SWA” or the “Project”), is pleased to announce that it has entered into a license agreement with Koch Technology Solutions LLC (“KTS”) to deploy and use KTS’ Li-ProTM Lithium Selective Sorption (“Li-Pro LSS”) technology at the JV’s commercial plant for the SWA Phase 1 Project.

The license agreement allows the JV to utilize KTS’ technology for the lifetime of the first phase of the Project, with an option for utilization in subsequent phases of the Project. Considerations and benefits of the license agreement include:

  • Rights to use the Li-Pro LSS technology for subsequent phases of the JV’s SWA Project;
  • Certain technology performance guarantees for lithium recovery, contaminant rejection and water use;
    • Lithium recovery ≥ 95.00%
    • Impurity rejection Calcium, Sodium, Potassium & Magnesium ≥ 99%
  • Technical support from KTS to fully integrate the Li-Pro LSS technology into overall process plant design;
  • Continued exclusive joint development of the technology in the Smackover Formation;
  • Technical support from KTS during commissioning and startup;
  • License payment phased over several milestones; and
  • Continued collaboration and technology refinement between SWA Lithium and KTS.

Standard Lithium’s Director, President & COO, Dr. Andy Robinson commented: “Signing this license agreement is the culmination of over two years of close work with the KTS team to refine the direct lithium extraction (‘DLE’) technology and integrate it into the JV’s flowsheet. The Li-Pro LSS technology is now sufficiently scaled-up, tested and derisked, so not only is the JV comfortable committing to its use at commercial scale, but KTS is also able to offer performance guarantees for its commercial deployment. We view this as a significant derisking event for the Project, and it points to the successful ongoing partnership with the KTS team.

Garrett Krall, Business Leader for Koch Technology Solutions, said: “This license agreement for use of our Li-Pro LSS technology is another key milestone in the development of DLE as a commercially viable, economic and environmentally responsible solution to deliver against future lithium demand.”

UPDATED PERFORMANCE OF COMMERCIAL-SCALE DLE COLUMN

Standard Lithium is also pleased to announce the continued successful operation of the commercial-scale DLE column at its wholly-owned Demonstration Plant (“Demo Plant”) near El Dorado, Arkansas. The Company installed a commercial-scale DLE column in late March 2024 and has been operating the column continuously. The column is a Li-Pro LSS unit, supplied by KTS and identical to those currently being integrated into the front-end engineering and design (FEED) study for the SWA Project.

Since commissioning, the column has exceeded the targeted design parameters for lithium recovery and rejection of impurities. Key technical highlights of the commercial-scale DLE column are provided below:

  • Lithium recovery efficiency of 95.4%: During a four-month continuous operating period (1st April to 31st July 2024), the Li-Pro LSS process achieved an average lithium recovery (i.e. after loading and elution) of 95.4% from the 90 gallons per minute (gpm) incoming brine flow (the average incoming brine contained 183 mg/L lithium during the same period).
  • Excellent contamination rejection rate: During the same period, the DLE process rejected, on average;
    • Sodium – 99.9%
    • Calcium – 99.6%
    • Magnesium – 99.2%
    • Potassium – 99.7%
    • Boron – 95.4%
      High and consistent contaminant rejection at the DLE stage means that the eluate (the initial lithium chloride solution) is easier and cheaper to further refine and concentrate using tested and proven steps to make a concentrated and purified lithium chloride solution. This solution can then be converted to a battery quality carbonate, as has been demonstrated multiple times and at several different scales, both at the Demo Plant and off-site with various third-party vendors.
  • Nearly 10,000 operational cycles for the Li-Pro LSS technology: The commercial-scale Li-Pro LSS column has completed over 725 operational cycles, and the Li-Pro LSS technology has completed over 9,740 operational cycles at the Demo Plant (as of early October 2024).
  • Over 24 million gallons of brine processed: As of the end of September 2024, the Demo Plant had processed 24,446,306 gallons (92,539,335 litres) of Smackover brine, produced directly from the formation and reinjected continuously back into the same formation.

Side elevation of operators working on the commercial-scale DLE column at Standard Lithium’s Demonstration Plant near El Dorado, Arkansas

Figure 1 – Side elevation of operators working on the commercial-scale DLE column at Standard Lithium’s Demonstration Plant near El Dorado, Arkansas.

About Standard Lithium Ltd.

Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by the highest quality resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction (“DLE”) and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Additionally, the Company is advancing the Phase 1A project in partnership with LANXESS Corporation, a brownfield development project located in southern Arkansas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.

Standard Lithium trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.

About Equinor

Equinor is an international energy company committed to long-term value creation in a low-carbon future. Our purpose is to turn natural resources into energy for people and progress for society. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Stavanger (Norway), Equinor is the leading operator on the Norwegian continental shelf. We are present in around 30 countries worldwide.

About Koch Technology Solutions (KTS)

Koch Technology Solutions is the technology licensing business of Koch Engineered Solutions (KES). KTS creates value for its customers across a growing portfolio of technologies including direct lithium extraction, the polyester value chain, and 1,4-Butananediol plus its derivates. KTS combines its exclusive technologies, expertise, and capabilities with those of other KES companies to provide overall solutions to optimize customer’s capital investments and existing manufacturing assets.

Qualified Person

Marek Dworzanowski, EUR ING, CEng, HonFSAIMM, FIMMM, a qualified person as defined by National Instrument 43 -101 – Technical Report Standards of Disclosure for Mineral Projects, and a Consulting Metallurgical Engineer who is independent of the Company, has reviewed and approved the relevant scientific and technical information in this news release.

Twitter: @standardlithium
LinkedIn: https://www.linkedin.com/company/standard-lithium/

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward looking information” within the meaning of applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, continued operation of the LSS column, regulatory or government requirements or approvals, the reliability of third party information, the continued accuracy of current contaminant rejection rates, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c4dea63-0750-44b2-bea8-e287cc9be29c


FAQ

What is the lithium recovery rate achieved by SLI's commercial-scale DLE column?

The commercial-scale DLE column achieved a lithium recovery efficiency of 95.4% during a four-month continuous operating period from April to July 2024.

How many gallons of brine has SLI's Demonstration Plant processed?

As of September 2024, the Demonstration Plant had processed 24,446,306 gallons (92,539,335 litres) of Smackover brine.

What are the impurity rejection rates for SLI's Li-Pro LSS technology?

The technology achieved rejection rates of 99.9% for Sodium, 99.6% for Calcium, 99.2% for Magnesium, 99.7% for Potassium, and 95.4% for Boron.

Standard Lithium Ltd.

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