Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTC: STLHF), a lithium-focused exploration company, this morning announced that it has produced its first quantity of battery quality (>99.56% purity) lithium carbonate at its prototype Lithium Carbonate Crystallisation Pilot Plant operated by Saltworks Technologies Inc. The Crystallisation Pilot Plant, which is based on Standard Lithium’s proprietary technology, was operated as a two-stage crystallisation process. Additional optimization is currently underway, and the technical team will implement necessary adjustments to optimize how the two parts of the company’s proprietary technologies work together. In addition, Standard Lithium announced that it has retained the services of Lippert/Heilshorn & Associates, Inc. (“LHA”) to provide investor relations (“IR”) services to the company at a rate of US $15,000 per month for an initial twelve-month term, subject to approval by the TSX Venture Exchange. LHA will provide services including guidance on shareholder communication, drafting and reviewing corporate disclosure and coordinating conferences and presentations.
“We continue to be very pleased with the performance of our prototype pilot. Whilst we had previously made ‘battery quality’ carbonate at bench scale using our proprietary technology, we consider it an important milestone that we can achieve the same very high levels of purity at the larger scale of our prototype pilot. This has provided Standard Lithium, our Technical Team and our design partners with all the confidence needed to commence detailed design on the main crystallisation pilot plant, and this work is now ongoing,” Standard Lithium president and COO Dr. Andy Robinson stated in the news release.
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About Standard Lithium Ltd.
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. Standard Lithium is listed on the TSX Venture under the trading symbol “SLL”; quoted on the OTCQX under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. For more information, visit the company’s website at www.StandardLithium.com
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