Standard Lithium Provides Corporate Update
Standard Lithium (SLI) has announced key corporate developments in its lithium projects. The company has initiated a project finance and off-take process for the South West Arkansas (SWA) Project's first phase, targeting 22,500 tonnes annual production of battery-quality lithium carbonate, with completion expected in Q3-Q4.
The Smackover Lithium JV with Equinor continues expanding in East Texas, now actively leasing within 185,000 acres. The first ETX project area spans approximately 67,000 acres in Franklin County, where previous drilling revealed North America's highest known lithium in brine grades (806 mg/L). A maiden Inferred Resource Report is expected in Q3 2025.
The company maintains its demonstration plant in Union County with Koch Technology Solutions for technology development. While commercial development at Lanxess Projects remains possible, Standard Lithium is prioritizing JV opportunities at SWA Project and East Texas, which they believe will become North America's premier lithium brine assets.
Standard Lithium (SLI) ha annunciato importanti sviluppi aziendali nei suoi progetti di litio. L'azienda ha avviato un processo di finanziamento del progetto e di vendita per la prima fase del Progetto South West Arkansas (SWA), puntando a una produzione annuale di 22.500 tonnellate di carbonato di litio di qualità per batterie, con completamento previsto nel Q3-Q4.
La Smackover Lithium JV con Equinor continua ad espandersi in East Texas, ora attivamente in leasing su 185.000 acri. La prima area del progetto ETX si estende per circa 67.000 acri nella Contea di Franklin, dove perforazioni precedenti hanno rivelato i più alti gradi di litio noti in salamoia in Nord America (806 mg/L). Un rapporto sulle risorse inferite è previsto per il Q3 2025.
L'azienda mantiene il suo impianto dimostrativo nella Contea di Union con Koch Technology Solutions per lo sviluppo tecnologico. Sebbene lo sviluppo commerciale presso i progetti Lanxess rimanga possibile, Standard Lithium sta dando priorità alle opportunità di JV nel Progetto SWA e in East Texas, che ritiene diventeranno i principali asset di salamoia di litio in Nord America.
Standard Lithium (SLI) ha anunciado desarrollos corporativos clave en sus proyectos de litio. La empresa ha iniciado un proceso de financiamiento del proyecto y de venta para la primera fase del Proyecto South West Arkansas (SWA), con un objetivo de producción anual de 22,500 toneladas de carbonato de litio de calidad para baterías, con finalización esperada en el Q3-Q4.
La Smackover Lithium JV con Equinor sigue expandiéndose en East Texas, ahora arrendando activamente dentro de 185,000 acres. La primera área del proyecto ETX abarca aproximadamente 67,000 acres en el Condado de Franklin, donde perforaciones anteriores revelaron los grados de litio en salmuera más altos conocidos en América del Norte (806 mg/L). Se espera un informe de recursos inferidos para el Q3 de 2025.
La empresa mantiene su planta de demostración en el Condado de Union con Koch Technology Solutions para el desarrollo tecnológico. Si bien el desarrollo comercial en los Proyectos Lanxess sigue siendo posible, Standard Lithium está priorizando oportunidades de JV en el Proyecto SWA y en East Texas, que creen que se convertirán en los principales activos de salmuera de litio en América del Norte.
스탠다드 리튬 (SLI)은 리튬 프로젝트에서 주요 기업 발전을 발표했습니다. 이 회사는 사우스 웨스트 아칸소 (SWA) 프로젝트의 첫 번째 단계에 대한 프로젝트 자금 조달 및 오프테이크 프로세스를 시작했으며, 연간 22,500톤의 배터리 품질 리튬 탄산염 생산을 목표로 하고 있으며, 3분기에서 4분기 사이에 완료될 것으로 예상됩니다.
스맥오버 리튬 JV는 에퀴노르와 함께 동부 텍사스에서 계속 확장되고 있으며, 현재 185,000 에이커 내에서 활발히 임대하고 있습니다. 첫 번째 ETX 프로젝트 지역은 프랭클린 카운티에서 약 67,000 에이커에 걸쳐 있으며, 이전 시추에서 북미에서 가장 높은 리튬 농도(806 mg/L)가 발견되었습니다. 최초의 추정 자원 보고서는 2025년 3분기에 예상됩니다.
회사는 기술 개발을 위해 Koch Technology Solutions와 함께 유니온 카운티에 시연 공장을 유지하고 있습니다. 란세스 프로젝트에서 상업적 개발이 가능하지만, 스탠다드 리튬은 SWA 프로젝트와 동부 텍사스에서 JV 기회를 우선시하고 있으며, 이들이 북미의 주요 리튬 염수 자산이 될 것이라고 믿고 있습니다.
Standard Lithium (SLI) a annoncé des développements clés dans ses projets de lithium. L'entreprise a lancé un processus de financement de projet et de prise en charge pour la première phase du projet South West Arkansas (SWA), visant une production annuelle de 22 500 tonnes de carbonate de lithium de qualité pour batteries, avec un achèvement prévu au T3-T4.
Le Smackover Lithium JV avec Equinor continue de s'étendre au Texas Est, louant désormais activement sur 185 000 acres. La première zone de projet ETX s'étend sur environ 67 000 acres dans le comté de Franklin, où des forages précédents ont révélé les plus hauts niveaux de lithium connus dans la saumure en Amérique du Nord (806 mg/L). Un rapport sur les ressources inférées est attendu pour le T3 2025.
L'entreprise maintient son usine de démonstration dans le comté d'Union avec Koch Technology Solutions pour le développement technologique. Bien que le développement commercial des projets Lanxess reste possible, Standard Lithium privilégie les opportunités de coentreprise dans le projet SWA et au Texas Est, qu'elle considère comme les principaux actifs en saumure de lithium en Amérique du Nord.
Standard Lithium (SLI) hat wichtige Unternehmensentwicklungen in seinen Lithiumprojekten angekündigt. Das Unternehmen hat einen Finanzierungs- und Abnahmeprozess für die erste Phase des South West Arkansas (SWA) Projekts initiiert, mit dem Ziel, jährlich 22.500 Tonnen Lithiumcarbonat in Batterienqualität zu produzieren, wobei der Abschluss im Q3-Q4 erwartet wird.
Das Smackover Lithium JV mit Equinor expandiert weiterhin in Osttexas und mietet nun aktiv auf 185.000 Acres. Das erste ETX-Projektgebiet erstreckt sich über etwa 67.000 Acres im Franklin County, wo frühere Bohrungen die höchsten bekannten Lithiumgehalte in Nordamerika (806 mg/L) in Sole zeigten. Ein erster Bericht über geschätzte Ressourcen wird für das Q3 2025 erwartet.
Das Unternehmen betreibt sein Demonstrationswerk im Union County mit Koch Technology Solutions zur Technologieentwicklung. Während eine kommerzielle Entwicklung bei den Lanxess-Projekten weiterhin möglich ist, priorisiert Standard Lithium JV-Möglichkeiten im SWA-Projekt und in Osttexas, die ihrer Meinung nach die führenden Lithiumsole-Vermögenswerte in Nordamerika werden.
- Project finance and off-take process initiated for SWA Project with 22,500 tonnes/year lithium carbonate production target
- Expansion of Smackover JV lease position to 185,000 acres in East Texas
- Discovery of highest known lithium brine grades in North America (806 mg/L) at Franklin County project
- Ongoing technology development and optimization with Koch Technology Solutions
- Deprioritization of Lanxess Projects commercial development
- Project finance and off-take process completion delayed until Q3-Q4
Insights
Standard Lithium's corporate update signals meaningful commercial progression on multiple fronts. The initiation of a structured project finance and off-take process for their South West Arkansas (SWA) project represents a crucial derisking milestone. With a 22,500 tonnes per year lithium carbonate production target and engagement of an experienced banking advisor, the company is executing necessary steps to secure capital funding and customer commitments by Q3-Q4 2025.
The Smackover Lithium JV with Equinor continues expanding its strategic footprint, now actively leasing within 185,000 acres across East Texas. Their identification of a 67,000-acre first project area centered in Franklin County is particularly significant, as previous exploration revealed lithium brine concentrations up to 806 mg/L – exceptionally high by North American standards. The planned Q3 maiden Inferred Resource Report could substantially enhance the company's resource portfolio valuation.
Management's strategic prioritization demonstrates capital discipline, focusing resources on assets with the clearest path to commercialization. The maintained partnership with Koch Technology Solutions at their Demonstration Plant serves both immediate validation needs and continuous process improvement – balancing near-term commercialization with long-term competitive positioning in the rapidly evolving DLE space.
This update demonstrates tangible progress across critical commercialization workstreams, though specific financial metrics and precise construction timelines remain to be determined. The focused strategy to prioritize SWA execution while developing high-potential East Texas resources positions the company effectively in the North American lithium supply chain.
VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI), a leading near-commercial lithium company, is pleased to provide a general corporate update demonstrating continuous advancement and derisking of corporate objectives.
Principal corporate updates and highlights include:
- Commencement of a rigorous and disciplined project finance and off-take process for the first phase of the South West Arkansas (“SWA”) Project (first phase contemplates 22,500 tonnes per year of battery quality lithium carbonate production). A banking advisor with recent and relevant success has been selected to lead an intensive off-take selection and project finance (debt) process. This two-pronged engagement with potential off-take partners and debt providers started in January and is expected to be completed in Q3 and Q4 respectively. The Company looks forward to releasing additional information as the process advances;
- The Smackover Lithium JV, in partnership with Equinor, continues the successful mineral leasing program in East Texas (“ETX”). SLI first started extensive mineral leasing in the most prospective areas of the Smackover Formation in East Texas in 2022. Since the formation of the JV in May 2024, it has continued to grow the acquired lease position, and is now actively leasing within a total area of 185,000 acres across several Counties in East Texas;
- The first ETX project area of approximately 67,000 acres has been identified. This project area is centered on Franklin County, and the Company has previously drilled three exploratory boreholes in and adjacent to this project area and reported the highest known lithium in brine grades in North America (maximum lithium grade of 806 mg/L reported). Some of the existing wells will be resampled during Q2 and Q3 of this year, and it is expected that a maiden Inferred Resource Report for this highly prospective lithium resource will be published in Q3 of this year;
- The Company, in partnership with Koch Technology Solutions, continues to use the Demonstration Plant in Union County as an essential test and technology development center to not only demonstrate the derisked and commercially ready DLE technology for the first commercial project at SWA, but also as a test-bed to continuously improve the entire flowsheet for future projects;
- Commercial development at the Lanxess Projects is not ruled out, but the Company’s focus on building the next phase of lithium projects in North America is centered on the JV opportunities at the SWA Project and in East Texas. The Company is confident the brine resources that the JV is securing in East Texas will come to be seen as the premier lithium brine assets in North America.
David Park, CEO of Standard Lithium said “The Standard Lithium team, in combination with our partners Equinor and Koch Technology Solutions, has been working diligently to keep on moving the projects forward, derisking key workstreams and hitting development milestones. As we’ve said before, it’s time for us to prioritize, focus, and execute. It is now clear that executing on our SWA Project with our partners is our top priority, and that we see incredible potential to build on that foundation and grow with them into East Texas.”
Six-Month Fiscal Period Ended December 31, 2024 Call and Webcast
The Company will hold a conference call and webcast to discuss its six-month fiscal period ended December 31, 2024 on Friday, March 28th at 3:30 p.m. ET. Access to the call is available via webcast or direct dial.
Conference Call and Webcast Details
Standard Lithium Six Month Fiscal Period Ended December 31, 2024 Results Call and Webcast
March 28, 2025 3:30 p.m. Eastern Time (US and Canada)
Participant Information:
Conference ID: 6644028
USA / International Toll +1 (646) 307-1963
USA - Toll-Free (800) 715-9871
Canada - Toronto (647) 932-3411
Canada - Toll-Free (800) 715-9871
Attendee Webcast Link:
https://events.q4inc.com/attendee/457319305
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by the highest quality resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated DLE and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.
Standard Lithium trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.
Qualified Person
Steve Ross, P.Geo., a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and Vice President Resource Development for the Company, has reviewed and approved the relevant scientific and technical information in this news release.
Investor and Media Inquiries
Chris Lang
Standard Lithium Ltd.
+1 604 409 8154
investors@standardlithium.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
FAQ
What is the production target for Standard Lithium's (SLI) South West Arkansas Project first phase?
How many acres is Standard Lithium's (SLI) East Texas leasing program currently covering?
What is the highest lithium grade discovered in Standard Lithium's (SLI) Franklin County project?
When will Standard Lithium (SLI) release the maiden Inferred Resource Report for the East Texas project?
