Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, on Monday marked the official commencement of operations at its Arkansas LiSTR Direct Lithium Extraction facility with a virtual ribbon-cutting ceremony and video walk-through tour of the plant. Local officials, including Arkansas Governor Asa Hutchinson, Senators John Boozman and Tom Cotton, and Representative Bruce Westerman joined Standard Lithium CEO Robert Mintak and LANXESS Corp. CEO and President Antonis Papadourakis for the virtual event. A recording of the event is available on the company’s website, YouTube channel and its other social media outlets. “It was always our intention to do a physical ribbon cutting at the end of the commissioning stage but unfortunately that was not possible,” Standard Lithium CEO Robert Mintak stated in the news release. “The purpose of the virtual ribbon cutting is to highlight the efforts of individuals and teams that have brought the project to where we are today, an operating first-of-its-kind direct lithium extraction plant.”
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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.
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