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. (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.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI) announced a strategic equity investment of $2.5 million into Aqualung Carbon Capture AS, a firm specializing in carbon capture technology. The investment is part of a $10 million funding round aimed at supporting Aqualung's commercialization efforts. President and COO Dr. Andy Robinson will also join Aqualung's board. Standard Lithium aims to minimize its CO2 emissions through this partnership, with plans to scale up a pilot project in Arkansas, enhancing its commitment to low-carbon lithium production.
Standard Lithium Ltd. (TSXV: SLI, NYSE American: SLI) announces a $2.5 million equity investment in Aqualung Carbon Capture AS, a leader in carbon capture technology. This investment is part of Aqualung's $10 million strategic equity round.
Dr. Andy Robinson, President and COO of Standard Lithium, will join Aqualung's board. The partnership aims to minimize CO2 emissions and enhance lithium production sustainability. A pilot carbon capture project is under development at a natural gas site in southern Arkansas, with deployment expected in Q3 2022.
Standard Lithium will participate in Canaccord Genuity's Global Metals & Mining Conference from May 15-17, 2022, in Palm Desert, California. The company is set to engage in a panel discussion on developing lithium projects, focusing on permitting, offtakes, partnerships, and financing. This session will take place on May 16 from 11:15 AM to 12:00 PM PT. Standard Lithium is known for its innovative lithium extraction technology and its projects in Arkansas and California, highlighting its commitment to sustainable lithium production.
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