- Flagship
project located in a world class jurisdiction with decades of production
infrastructure in place
- Agreements
with commercial operators to access existing brine production to fast
track development
- Agreement
to locate and install its rapid lithium extraction process inside an
operating chemical plant
- Global
lithium compounds market projected to reach U.S. $5.87 billion by 2020
- Technological
advances provide access to low cost, battery-grade lithium materials
- World
demand for lithium expected to increase 300% by 2025
- Partnerships
with the University of British Columbia, Saltworks, Zeton and SGS Canada
are focused on developing, building and demonstrating new lithium
extraction technologies
Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTC: STLHF)
is focused on unlocking the value of existing large-scale U.S.-based lithium
brine resources that can quickly be brought into production. The Company
believes new lithium production can rapidly be brought on stream by minimizing
project risks at selection stage; resource, political & geographic, and
regulatory & permitting; and by leveraging advances in lithium extraction
technologies and processes.
The Company’s flagship project is in southern Arkansas. The
more than 180,000-acre “Smackover Project” is in the most prolific and
productive brine processing region in North America. Agreements with large
commercial brine operators in the region will allow Standard Lithium to utilize
the extensive existing infrastructure, including brine supply and disposal
pipelines, water, power and a trained workforce to fast-track project development
timelines.
“Arkansas produces about 9.4 billion gallons of brine per
year, according to 2010-2016 average statistics reported by the Arkansas Oil
& Gas Commission.”
Standard Lithium signed a binding MoU with global specialty
chemicals company LANXESS Corporation and its U.S. affiliate Great Lakes
Chemical Corporation with the purpose of demonstrating the commercial viability
of extraction of lithium from brine (“tail brine”) that is produced as part of
LANXESS’ bromine extraction business at its three Southern Arkansas facilities.
LANXESS’ land operations in Southern Arkansas encompass more
than 150,000 acres, 10,000 brine leases and surface agreements and 250 miles of
pipelines. LANXESS extracts the brine from its wells located throughout the
area, and the brine is transported to the three Arkansas plants through a
network of pipelines. The three bromine extraction plants currently employ
approximately 500 people and process and reinject several hundred thousand
barrels of brine per day.
Standard Lithium has developed a breakthrough rapid lithium
extraction process that reduces the recovery time of extracting lithium from
brine to as little as several hours vs. the current industry method that takes
years. The process is also much more environmentally friendly with a
significantly smaller footprint than the conventional processes. The company
has a signed agreement to locate a demonstration scale lithium extraction plant
inside one of LANXESS’ chemical plants in Southern Arkansas.
The Company has also signed an option agreement with
NYSE-listed Tetra Technologies for the lithium rights for exploration,
extraction, and possible commercial development on approximately 30,000 acres
of brine leases in Southern Arkansas. The largest available land package.
Recent laboratory results of four brine samples recovered
from two existing wells in Standard Lithium’s project area showed lithium
concentrations ranging between 347-461 mg/L lithium, with an average of 450
mg/L lithium in one of the wells and 350 mg/L in the other. Geological modeling
of the project area is complete, and a maiden resource report is on the
horizon.
Market Opportunity
World demand for lithium continues to surge. The global
lithium compounds market is projected to reach U.S. $5.87 billion by 2020 at a
compound annual growth rate of 13.22% between 2015 and 2020. Lithium-ion
batteries are the fastest growing segment of the market.
Leadership
Standard Lithium’s commitment to being a premier,
innovation-driven company focused on developing and commercializing new modern
processes for lithium extraction is bolstered by the leading experts that
comprise the company’s Scientific Advisory Council. Each member was selected
because of their experience and expertise in areas that are central to and/or
complement Standard Lithium’s current development plans. Standard Lithium
recently welcomed to the Council world-renowned chemist Dr. Barry Sharpless,
the recipient of the 2001 Nobel Prize in Chemistry for his work on chirally
catalyzed oxidation reactions.
Standard Lithium is led by a team of professionals with
proven strong technical and project development skills. CEO Robert Mintak has a
global network of industry contacts and is a pioneer in the rapidly evolving
lithium space. COO and President Dr. Andy Robinson is an experienced
geoscientist with 20+ years of experience and a PhD in Geochemistry from the
University of Bristol, UK. Dr. Robinson has worked on a wide range of projects
in the resource, power and energy sectors in Europe, Africa, and North and
South America.
The company recently appointed Robert Cross as non-executive
chairman. Cross is an engineer with 25 years of experience as a financier and
company builder in the mining and oil and gas sectors. He co-founded and serves
as chairman of B2Gold, a top-performing growing gold producer which is expected
to achieve nearly 1 million ounces of low-cost gold production in 2018. He was
also co-founder and chairman of Bankers Petroleum Ltd.; co-founder and chairman
of Petrodorado Energy Ltd.; and until October 2007 was the non-executive
chairman of Northern Orion Resources Inc. He also was previously the chairman
and CEO of Yorkton Securities Inc., and a partner in investment banking with
Gordon Capital Corp. in Toronto. Cross has an engineering degree from the
University of Waterloo (1982) and received an MBA from Harvard in 1987.
Following a multi-million-dollar financing in Q1 2018,
Standard Lithium is well-positioned to meet its upcoming milestones including
two maiden resource reports and the launch of its breakthrough rapid lithium
extraction technology.
For more information, visit the company’s website at www.StandardLithium.com
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