Lithium-focused exploration company Standard
Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today announced
completion of transport and current installation of the final modules of its
“LiSTR” direct lithium extraction Demonstration Plant at Lanxess’ South Plant
facility in southern Arkansas. According to the update, fabrication and initial
QA/QC testing of the final Phase 3 Modules of the Demonstration Plant were
completed in early October, and the modules (8 modules in this final Phase 3,
plus spare parts) were separated and shipped to the site. The Phase 3 modules
have now arrived at the site and are being installed and connected. “Our
roll-out of the LiSTR direct lithium extraction Demonstration Plant continues
to be executed on-schedule, and Standard Lithium would like to thank our
project partners for all their efforts in keeping this Project constantly
moving forward,” Standard Lithium President and COO Dr Andy Robinson said in
the news release. “We now have a full project team in place, and plant
operators are currently undergoing process-specific training. We look
forward to beginning the commissioning phase in November and starting the next
exciting step of this Project.”
To view the full press release, visit http://ibn.fm/KAcJU
About Standard Lithium Ltd.
Standard Lithium is a specialty chemical company focused on
unlocking the value of existing large-scale U.S.-based lithium-brine resources.
The company believes new lithium production can be brought on stream rapidly by
minimizing project risks at selection stage (resource, political, geographic,
regulatory and permitting), and by leveraging advances in lithium extraction
technologies and processes. The company’s flagship project is located in
southern Arkansas, where it is engaged in the testing and proving of the
commercial viability of lithium extraction from over 150,000 acres of permitted
brine operations. The company is currently installing a first-of-its-kind
Demonstration Plant that will use the company’s proprietary technology to
selectively extract lithium from LANXESS’ tailbrine. This Demonstration Plant
will be used to prove commercial feasibility. The environmentally friendly
process eliminates the use of evaporation ponds, reduces processing time from
months to hours and greatly increases the effective recovery of lithium. The company
is also pursuing the resource development of over 30,000 acres of separate
brine leases located in southwestern Arkansas and approximately 45,000 acres of
mineral leases located in the Mojave Desert in San Bernardino County,
California. For more information, visit the company’s website at www.StandardLithium.com.
NOTE TO INVESTORS: The latest news and updates
relating to STLHF are available in the company’s newsroom at http://ibn.fm/STLHF
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