Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced successful completion of its Arkansas-produced lithium chloride into 99.985% pure lithium carbonate using OEM technology. According to the update, Veolia Water Technologies completed the work at its facility in Plainfield, Illinois, which demonstrates that the lithium chloride intermediate product produced by Standard Lithium’s industrial scale LiSTR Direct Lithium Extraction (“DLE”) plant in Arkansas can be converted into better-than battery quality lithium carbonate using established OEM carbonation technology. “We’ve now demonstrated that we can convert to battery quality lithium carbonate using the company’s SiFT technology; that we can get to the same end-product using established technology developed and sold by global OEMs; and now we’re looking to add battery quality lithium hydroxide to the product offering,” said Dr. Andy Robinson, president and COO of Standard Lithium. “In the background, we continue to rapidly advance both project and corporate development work. We’re excited about reaching the various milestones ahead of us and, if we’re successful, taking this globally important project into commercialization.”
To view the full press release, visit https://ibn.fm/CB3HO
About Standard Lithium Ltd.
Standard Lithium is an innovative technology and lithium development company. 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 has commissioned its first of a kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS South Plant facility in southern Arkansas. The Demonstration Plant utilizes the company’s proprietary LiSTR technology to selectively extract lithium from LANXESS’ tailbrine. The Demonstration Plant is being used for proof-of-concept and commercial feasibility studies. The scalable, 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.
Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL;” quoted on the OTC – Nasdaq Intl Designation under the symbol “STLHF” and on the Frankfurt Stock Exchange under the symbol “S5L.” For more information, please 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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