Standard Lithium Completes Commissioning and Commences Full-time Operation of Its Lithium Extraction Demonstration Plant - Seite 2

Standard Lithium CEO, Robert Mintak commented: “Firstly, I would like to acknowledge the impressive efforts made both by our Arkansas and Canadian engineering teams in adapting to the extraordinary challenges of the COVID-19 pandemic. Secondly, the ability of Standard Lithium to execute on its important corporate objectives has been significantly enhanced as a result of a strong relationship with its project partner LANXESS.”

Mr. Mintak added: “Direct Lithium Extraction has received a lot of recent media and investor attention. Standard Lithium has taken a project-focussed approach towards demonstrating our LiSTR DLE process. The successful commissioning and operation of the LiSTR extraction technology represents a significant milestone towards proof of concept and a final investment decision for our Arkansas project. Standard Lithium prides itself on a practical approach, and this has paid dividends by developing a truly innovative process that actually works in the real world not just the laboratory. This project milestone represents a major advance towards re-establishing a U.S. domestic supply of battery quality lithium chemicals.”

About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is a specialty chemical company focused on unlocking the value of existing large-scale US 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 & 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.