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.
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.
The global lithium mining market is set for significant growth, expected to reach USD 494.59 Million by 2028, driven by increasing demand from electric vehicle manufacturers and advancements in battery technology. Notable companies like Lithium Americas Corp. (LAC) and Standard Lithium Ltd. (SLI) are actively innovating in this space. A recent collaboration between Century Lithium Corp. and Koch Technology Solutions aims to enhance lithium extraction processes, positioning the company favorably in this booming market. Meanwhile, a major investment from General Motors in Lithium Americas underscores the industry's potential.
Standard Lithium Ltd. (TSXV: SLI, NYSE American: SLI) has appointed Claudia D'Orazio and Anca Rusu as independent directors, effective immediately. Claudia brings valuable experience from roles in oil, gas, and human resources, while Anca has over 20 years of expertise in global capital projects within the energy sector. These appointments aim to enhance the company's governance and support its growth during a critical phase. Standard Lithium focuses on lithium extraction from brine and operates an innovative Direct Lithium Extraction Demonstration Plant at its LANXESS Property Project. The company is strategically positioned for commercialization in the lithium market.
Standard Lithium Ltd. (SLI) announced successful completion of the USPTO review for its lithium extraction patents. The USPTO issued a Notice of Allowance for its third patent application, adding to two previously issued patents. This development enhances Standard Lithium’s proprietary Direct Lithium Extraction (DLE) technology from lithium brines. The company anticipates formal registration of the patent shortly. They are advancing projects in Arkansas, focusing on sustainable lithium production from brine sourced from significant mineral leases.
Standard Lithium has made significant progress towards its first commercial lithium plant in El Dorado, Arkansas. The company finalized a Site Access Agreement with LANXESS Corporation, allowing site work to commence for the Definitive Feasibility Study (DFS). The project, known as Phase 1A, is set at the LANXESS South Facility. Fieldwork is already underway, supervised by Optimized Process Designs LLC. This foundational work aims to gather essential data for designing the lithium extraction plant, which is expected to leverage environmentally efficient Direct Lithium Extraction technology.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) announced its participation in three key industry conferences from November 16 to December 9, 2022. These include the Benchmark 2022 Week in Los Angeles, where it will present at the Brine Lithium Panel on November 16, the Deutsche Bank Lithium Battery Supply Chain Conference in New York City on December 7, and the Bank of America Virtual Lithium Conference on December 8-9. The company focuses on lithium extraction from brine with projects in Arkansas and California, emphasizing environmentally friendly processing methods.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI) announced its fiscal Q1 results for the period ending September 30, 2022, highlighting significant progress in its commercial development strategy. The company reported a strong cash position of $124 million and a working capital surplus of $121 million. Key milestones include awarding the FEED and DFS for its first commercial lithium plant, successful commissioning of a novel chloride-to-hydroxide conversion pilot plant, and the commencement of a resource expansion drilling program. The company remains focused on advancing its projects with confidence.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI) will participate in The Future is Lithium Conference on November 8, 2022, at 8:50 am PT. The virtual event features CEO Robert Mintak presenting among other industry leaders. Standard Lithium is focused on lithium extraction projects in Arkansas, utilizing a first-of-its-kind Direct Lithium Extraction (DLE) process that enhances recovery and reduces environmental impact. The company is advancing both the LANXESS Project and the South-West Arkansas Project, with studies to assess their commercial viability.
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