Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced that it has shipped its first large volume of lithium chloride product from the company’s Direct Lithium Extraction (“DLE”) Demonstration Plant for final conversion to lithium carbonate. “Standard Lithium keeps on delivering and de-risking our pre-commercial plants. We’ve been successfully operating our first-of-its-kind industrial scale DLE plant in Arkansas, and we’ve been continuously making lithium chloride product for months,” Dr. Andy Robinson, president and COO of Standard Lithium, said in the news release. “We’re now at the point where we’ve got our SiFT pilot plant running, and we can use it to convert the lithium chloride product from Arkansas. This is a very exciting time for us because we’re approaching the point where we can demonstrate the continuous extraction of lithium from Smackover brine and conversion into battery-quality material.”
To view the full press release, visit http://ibn.fm/6ueU9
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”. 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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