Core Viewpoint - Standard Lithium Ltd. is making significant progress in advancing its corporate objectives and derisking its projects, particularly focusing on the South West Arkansas (SWA) Project in partnership with Equinor and Koch Technology Solutions [3][5]. Corporate Updates - The company is prioritizing the execution of the SWA Project, which aims for an initial production capacity of 22,500 tonnes per year of battery-quality lithium carbonate [5]. - A rigorous project finance and off-take process has commenced for the SWA Project, with a banking advisor selected to lead this initiative, expected to conclude in Q3 and Q4 of 2025 [5]. - The Smackover Lithium Joint Venture (JV) with Equinor is actively expanding its mineral leasing program in East Texas, now covering a total area of 185,000 acres [5]. - The first project area in East Texas, approximately 67,000 acres centered on Franklin County, has been identified, with the highest known lithium brine grades in North America reported at a maximum of 806 mg/L [5]. - The company plans to publish a maiden Inferred Resource Report for this lithium resource in Q3 of 2025 [5]. - The Demonstration Plant in Union County is being utilized for technology development and to demonstrate the Direct Lithium Extraction (DLE) technology for the SWA Project [5]. - While commercial development at the Lanxess Projects is not ruled out, the company's primary focus remains on the SWA Project and East Texas JV opportunities [5]. Company Overview - Standard Lithium is a near-commercial lithium development company focused on sustainable development of high-grade lithium-brine properties in the U.S., particularly in Arkansas and Texas [6]. - The company aims for sustainable, commercial-scale lithium production through a scalable and fully integrated DLE and purification process [6].
Standard Lithium Provides Corporate Update