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) has initiated a Preliminary Feasibility Study (PFS) for its South West Arkansas Lithium Project, following a favorable Preliminary Economic Assessment. The PFS will evaluate an integrated project plan, including brine supply, extraction wells, and processing facilities using the proprietary LiSTR technology. The study aims to confirm the commercial viability of lithium extraction, with completion expected in Q1 2023. Standard Lithium has engaged HGA as the lead consultant, aiming to enhance its competitive position in the North American lithium market.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI, FRA: S5L) will attend the 34th Annual Roth Conference on March 14-15, 2022, in Dana Point, CA. The company will conduct one-on-one meetings with interested investors. Standard Lithium focuses on lithium extraction technologies and operates a demonstration plant in southern Arkansas that uses proprietary LiSTR technology to enhance lithium recovery. The company is also expanding its resource development across various brine leases in Arkansas and California.
Standard Lithium has finalized an agreement with LANXESS to expedite the development of a commercial lithium project in El Dorado, Arkansas. As part of this agreement, Standard Lithium will maintain a minimum 51% equity stake in the project, potentially retaining up to 100%. The project aims to utilize proprietary extraction technologies and is fully funded to achieve key milestones, including a Definitive Feasibility Study by Q4 2022. The partnership also outlines future collaborations on additional projects, leveraging LANXESS's infrastructure and brine supply.
Standard Lithium Ltd. (SLI) has issued a statement responding to a misleading report by Hindenburg Research, which the company claims is designed to benefit the report issuer by driving down SLI's stock price. Standard Lithium urges investors to rely on credible sources for information. The company is confident in its lithium extraction technology and has made significant advancements, including operating a demonstration plant in Arkansas since May 2020 and developing a substantial asset base through partnerships. The firm has also clarified inaccuracies regarding its R&D expenditures.
Standard Lithium Ltd. (TSXV: SLI, NYSE: SLI) issued a statement refuting claims made by Hindenburg Research, which the Company perceives as misleading and self-serving. Standard Lithium emphasizes the importance of relying on credible information for investment decisions. The management, led by CEO Robert Mintak, has made significant strides in developing proprietary lithium extraction technology and advancing key projects in partnership with LANXESS and others. The Company has spent substantial resources on R&D, contrary to Hindenburg's claims, and is committed to commercializing its innovative extraction processes.
Standard Lithium Ltd. (SLI) has signed a Letter of Intent with Koch Minerals & Trading to develop a market-based pricing mechanism for lithium chemical off-take at its South West Arkansas Project. This agreement aims to leverage Koch's global procurement capabilities to enhance the sourcing of key raw materials. Importantly, this LOI does not affect existing agreements with LANXESS. Standard Lithium's CEO emphasized the strategic benefits of this partnership in optimizing costs and quality, essential for financing and operating future projects.
Standard Lithium has signed a Letter of Intent (LOI) with Koch Minerals & Trading to establish a market-based pricing mechanism for lithium chemical off-take at its South West Arkansas Project. This collaboration aims to leverage Koch's global procurement capabilities to source key raw materials. The LOI will not affect existing arrangements with LANXESS. Standard Lithium is optimistic about benefiting from projected high lithium prices in the coming decade, while Koch aims to enhance its trading and supply capabilities in the lithium value chain.
Standard Lithium has achieved significant milestones in its lithium extraction project. The company successfully produced battery-quality lithium carbonate at its SiFT plant using a groundbreaking Direct Lithium Extraction (DLE) method. Additionally, Standard Lithium has expanded its team and engaged a top engineering firm to conduct Pre-FEED studies for its first commercial plant. The company also improved its proprietary lithium-selective sorbent, collaborating with a leading global supplier to ensure a domestic source for future production.
Standard Lithium has successfully produced battery-quality lithium carbonate using its innovative Direct Lithium Extraction (DLE) process. This achievement marks its SiFT lithium carbonate plant as the first of its kind to operate at scale with a single crystallization step. The company plans to build its first commercial lithium plant, engaging a top engineering firm for essential Pre-FEED studies. Additionally, Standard Lithium is improving its proprietary sorbent for lithium extraction, ensuring a domestic supply. The company is positioned to lead the commercialization of lithium production in the U.S.
Standard Lithium Ltd. (TSXV: SLI) will present at the Bank of America Securities Virtual Battery and Storage Conference on January 10, 2022, at 10:30 AM PT. The presentation will explore if direct lithium extraction can unlock domestic mineral resources. Interested investors can access a webcast and participate in one-on-one meetings with CEO Robert Mintak. The company focuses on sustainable lithium extraction from brine operations in Arkansas, aiming to revolutionize lithium recovery.
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