Standard Lithium Starts Commissioning of Industrial-Scale Battery-Quality Lithium Carbonate Crystallisation Plant - Seite 2

Figure 1: An overview of the two 40’ long modular skids that comprise the majority of the SiFT Pilot Crystallisation Plant: https://www.globenewswire.com/NewsRoom/AttachmentNg/6dff9f21-39dc-445d ...

Figure 2: Overview of the hot and cold crystallisation reactors and inline filtration units: https://www.globenewswire.com/NewsRoom/AttachmentNg/9fcd0142-4e95-4eb1 ...

Figure 3: Close-up of the fully automated control system: https://www.globenewswire.com/NewsRoom/AttachmentNg/1ee704fe-8ac6-42a4 ...

The Company also wishes to clarify that a total of 437,025 share purchase warrants were previously issued on February 20, 2020, as compensation to certain arms-length third-parties that assisted in introducing subscribers to the offering of special warrants completed by the Company, and not 452,025 warrants as indicated in the Company’s news release of February 21, 2020. For further information concerning the offering, and the terms of the warrants, readers should consult the news release of February 21, 2020.

About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) 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 utilises 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 scaleable, 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.