Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTC: STLHF), a
lithium-focused exploration company, this morning announced that it has
produced its first quantity of battery quality (>99.56% purity) lithium
carbonate at its prototype Lithium Carbonate Crystallisation Pilot Plant
operated by Saltworks Technologies Inc. The Crystallisation Pilot Plant, which
is based on Standard Lithium’s proprietary technology, was operated as a
two-stage crystallisation process. Additional optimization is currently
underway, and the technical team will implement necessary adjustments to
optimize how the two parts of the company’s proprietary technologies work
together. In addition, Standard Lithium announced that it has retained the
services of Lippert/Heilshorn & Associates, Inc. (“LHA”) to provide
investor relations (“IR”) services to the company at a rate of US $15,000 per
month for an initial twelve-month term, subject to approval by the TSX Venture
Exchange. LHA will provide services including guidance on shareholder
communication, drafting and reviewing corporate disclosure and coordinating
conferences and presentations.
“We continue to be very pleased with the performance of our
prototype pilot. Whilst we had previously made ‘battery quality’ carbonate at
bench scale using our proprietary technology, we consider it an important
milestone that we can achieve the same very high levels of purity at the larger
scale of our prototype pilot. This has provided Standard Lithium, our Technical
Team and our design partners with all the confidence needed to commence
detailed design on the main crystallisation pilot plant, and this work is now
ongoing,” Standard Lithium president and COO Dr. Andy Robinson stated in the
news release.
To view the full press release, visit http://ibn.fm/1PtZr
About Standard Lithium Ltd.
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 utilizing the Company’s proprietary selective extraction
technology. 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. Standard Lithium is listed on the TSX
Venture under the trading symbol “SLL”; quoted on the OTCQX under the symbol
“STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. For more
information, visit the company’s website at www.StandardLithium.com
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