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) 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.
Standard Lithium Ltd. (SLI) announced a significant milestone as the U.S. Patent and Trademark Office granted Notices of Allowance for two of its patent applications concerning a revolutionary technique for Direct Lithium Extraction (DLE) from brines. This affirmation of the company's technology supports its first commercial lithium extraction project in Arkansas. The patents are part of three pending U.S. applications, with formal registration expected soon. Dr. Andy Robinson highlighted the advancement in intellectual property rights as critical for the company's growth.
Standard Lithium Ltd. (SLI) provided updates on its lithium project in El Dorado, Arkansas. The Company successfully installed and commissioned a first-of-its-kind Hydroxide Pilot Plant, converting lithium chloride into battery-quality lithium hydroxide. This pilot will support technology assessments for future plants. Standard Lithium also began drilling for resource expansion in the Smackover Formation and is conducting a Front End Engineering Design (FEED) and Definitive Feasibility Study (DFS) for its first commercial project, aiming for a production capacity of 5,000-6,000 tonnes per annum of lithium carbonate.
Standard Lithium Ltd. has appointed PricewaterhouseCoopers LLP (PWC) as its new independent registered public accounting firm, effective October 17, 2022. This decision follows the approval of the audit committee and the Board of Directors, succeeding Manning Elliott LLP. Robert Cross, Non-Executive Chairman, expressed confidence in PWC's ability to deliver high-quality audits. Standard Lithium is an innovative technology and lithium project development company focused on lithium extraction from brine operations, particularly in southern Arkansas.
Standard Lithium Ltd. (SLI) announced the award of the Front End Engineering Design (FEED) and Definitive Feasibility Study (DFS) for its first commercial lithium plant in Arkansas to Optimized Process Designs (OPD), a Koch Engineered Solutions business. The project aims to process brine at Lanxess's South Facility, targeting annual production of 5,000 to 6,000 tonnes of battery-quality lithium carbonate. This initiative forms part of a phased approach to lithium production, enhancing the company's commitment to responsible development and supporting ongoing commercial discussions with Lanxess.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) will participate in the Canaccord Genuity 42nd Annual Growth Conference from August 8-11, 2022. The company’s presentation is scheduled for August 10, 2022, at 8 am ET, held in Boston and virtually. Management will also host one-on-one meetings with interested investors. Standard Lithium focuses on the commercial viability of lithium extraction in southern Arkansas, utilizing its proprietary LiSTR technology in a demonstration plant.
Standard Lithium Ltd. (TSXV: SLI, NYSE American: SLI) announced key corporate updates on July 13, 2022. The company has made significant management additions, appointing Jason Tielker and Angus Remfry to enhance project execution. Notably, a Master Service Agreement was signed with Telescope Innovations for CO2 sequestration R&D, supporting its sustainability efforts. The company is also progressing with its first commercial plant's Definitive Feasibility Study (DFS), expected to be awarded by August 2022. Additionally, executives have increased their shareholdings, signaling confidence in the company's future.
Standard Lithium Ltd. (TSXV: SLI, NYSE.A: SLI), an innovative lithium project development company, will participate in the Citi Lithium and Battery Virtual Day on May 26, 2022. The event will feature a panel discussion on emerging lithium trends from 9:30 AM to 10:05 AM ET. Standard Lithium is focused on lithium extraction technology in southern Arkansas, operating a demonstration plant that utilizes proprietary LiSTR technology. This environmentally friendly process enhances lithium recovery while reducing processing time significantly. For more details, visit Standard Lithium's website.