Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today announced completion of transport and current installation of the final modules of its “LiSTR” direct lithium extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. According to the update, fabrication and initial QA/QC testing of the final Phase 3 Modules of the Demonstration Plant were completed in early October, and the modules (8 modules in this final Phase 3, plus spare parts) were separated and shipped to the site. The Phase 3 modules have now arrived at the site and are being installed and connected. “Our roll-out of the LiSTR direct lithium extraction Demonstration Plant continues to be executed on-schedule, and Standard Lithium would like to thank our project partners for all their efforts in keeping this Project constantly moving forward,” Standard Lithium President and COO Dr Andy Robinson said in the news release. “We now have a full project team in place, and plant operators are currently undergoing process-specific training. We look forward to beginning the commissioning phase in November and starting the next exciting step of this Project.”
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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. The company is currently installing a first-of-its-kind Demonstration Plant that will use the company’s proprietary technology to selectively extract lithium from LANXESS’ tailbrine. This Demonstration Plant will be used to prove commercial feasibility. The 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. For more information, visit the company’s website at www.StandardLithium.com.
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