Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this
morning announced completion of the fabrication of phases 1 and 2 of the
company’s “LiSTR” direct lithium extraction demonstration plant. According to
the update, initial modules are currently being transported to the project
location/site at Lanxess’ South Plant facility in southern Arkansas. Standard
Lithium also confirmed that all site construction works are on-schedule, as
well as completion of the concrete slab and foundations required to locate the
demonstration plant. “The Standard Lithium team and our partners continue to
execute on our strategic plan to timely advance our project in Southern
Arkansas,” Standard Lithium President and COO Dr Andy Robinson said in the news
release. “Over 2 years of disciplined process design and engineering work has
brought us to this point, and we look forward to announcing more real milestone
completions in the near-future.”
To view the full press release, visit http://ibn.fm/LsgeV
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 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. 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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