Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), a leading near-commercial, lithium-development company, has been successful in a research collaboration with Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF), a leading developer of advanced technologies and services for the global pharmaceutical and chemical industries. According to the announcement, the two companies have worked together during the last year to develop a new method for producing high-purity lithium sulfide, a key material needed for the next generation of solid-state batteries, which are expected to power future electric vehicles and other high-tech devices. The collaboration has resulted in a solution with the potential to transform the solid-state battery industry.
“Our work in the Smackover Formation remains our primary focus, driving the development of sustainable lithium production,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “However, as part of our mission to stay at the forefront of industry advancements, we are also positioning ourselves to meet the demands of next-generation battery technologies. This collaboration is a continuation of our long-standing commitment to innovation in lithium technology. This project with Telescope Innovations is an important part of that strategy.”
To view the full press release, visit https://ibn.fm/nHMOl
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The company prioritizes projects characterized by the highest-quality resources, robust infrastructure, skilled labor and streamlined permitting. The company aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated direct lithium extraction (“DLE”) and purification process. The company’s flagship projects are located in the Smackover Formation, a world-class lithium-brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas Project, a greenfield project located in southern Arkansas and is actively exploring promising lithium-brine prospects in east Texas. Additionally, the company is advancing the Phase 1A project in partnership with LANXESS, a brownfield development project located in southern Arkansas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com.
NOTE TO INVESTORS: The latest news and updates relating to SLI are available in the company’s newsroom at https://ibn.fm/SLI
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