Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced successful completion of the mobilization of Phases 1 and 2 of its direct lithium extraction Demonstration Plant. According to the update, the modules have been secured and are currently being installed at the project location at Lanxess’ South Plant facility in southern Arkansas. The project team for Standard Lithium is currently connecting the modules, installing the site office and control room and beginning to make utility connections. Work at the project location continues to be on-schedule, with installation and utility connection efforts to continue throughout September and until the final shipment of modules, which is slated for late September/early October.
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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.
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