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) 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.
Standard Lithium (SLI) unveiled six new Level 2 EV charging stations in El Dorado, Arkansas, during a ceremony attended by Governor Asa Hutchinson. This initiative, in collaboration with Entergy, Adopt a Charger, and South Arkansas Community College, aims to enhance local tourism and stimulate economic growth. CEO Robert Mintak emphasized the project's potential to attract visitors and support local businesses. The company is advancing lithium extraction technologies, with a demonstration plant operational in southern Arkansas utilizing proprietary methods for efficient lithium recovery.
Standard Lithium Ltd. (SLI) has launched a Preliminary Feasibility Study (PFS) for its South West Arkansas Lithium Project, following a favorable Preliminary Economic Assessment. This study aims to integrate brine supply and treatment along with a Direct Lithium Extraction plant using proprietary LiSTR technology. The PFS will be led by HGA and aims to complete by Q1 2023. The new project aims to establish a commercial lithium operation in the U.S. after a six-decade hiatus, aligning with growing demand for lithium in North America.
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.
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