Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L), an
innovative technology and lithium development company, today announced that it
has produced its first >99.9% purity (also known as “three-nines”) battery
quality lithium carbonate using the Company’s proprietary “SiFT”
crystallisation technology. According to the update, this optimisation
work, separate from the ongoing commissioning of Standard Lithium’s LiSTR
Direct Lithium Extraction demonstration plant in south Arkansas, was performed
at the University of British Columbia (“UBC”) and partially funded by a grant
of $300,000 awarded to the Company and UBC by Innovate BC. “This ongoing
refinement of our SiFT crystallisation technology is emblematic of Standard
Lithium’s drive to bring lithium chemical processing into the 21st
Century. We continue to improve the technology, in terms of performance,
robustness and scalability,” Standard Lithium President and COO Dr. Andy
Robinson said in the news release. “We are also finalising our efforts in
terms of IP protection and the delivery of a full-scale crystallisation pilot
plant to our South Arkansas Project site. The combination of the Company’s
SiFT and LiSTR technologies will provide a new platform for the production of
battery quality lithium compounds for current and next generation lithium-ion
batteries.”
To view the full press release, visit http://ibn.fm/FbecD
About Standard Lithium Ltd.
Standard Lithium is a specialty chemical company focused on
unlocking the value of existing large-scale U.S. 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.
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.
NOTE TO INVESTORS: The latest news and updates
relating to STLHF are available in the company’s newsroom at http://ibn.fm/STLHF
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