Smackover Formation

Standard Lithium Files Definitive Feasibility Study for its First Commercial Lithium Extraction Plant – Phase 1A

Retrieved on: 
Wednesday, October 18, 2023
Lithium, FRA, NYSE, Economics, Report, Demonstration plant, CapeNature, Arkansas Project, SLI, Smackover Formation

EL DORADO, Ark., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced that the Definitive Feasibility Study (the “Report”) for its first commercial lithium project (“Phase 1A”) proposed to be located at the LANXESS South Plant has been filed.

Key Points: 
  • EL DORADO, Ark., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced that the Definitive Feasibility Study (the “Report”) for its first commercial lithium project (“Phase 1A”) proposed to be located at the LANXESS South Plant has been filed.
  • With expected first production in 2026, Phase 1A is anticipated to be the first US-based lithium production project built in six decades, and the first commercial direct lithium extraction facility in North America with potential to double current United States lithium production from current levels.
  • Phase 1A represents a modest 60-times scale up from the operational Demonstration Plant, which over a three-and-a-half-year period of effective and efficient lithium extraction, has used the same brine that will feed the proposed commercial plant.
  • Standard Lithium's filing of the Definitive Feasibility Study highlights its commitment to commercialize direct lithium extraction technology, starting with Phase 1A.

Standard Lithium Files Definitive Feasibility Study for its First Commercial Lithium Extraction Plant – Phase 1A

Retrieved on: 
Wednesday, October 18, 2023
Lithium, FRA, NYSE, Economics, Report, Demonstration plant, CapeNature, Arkansas Project, SLI, Smackover Formation

EL DORADO, Ark., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced that the Definitive Feasibility Study (the “Report”) for its first commercial lithium project (“Phase 1A”) proposed to be located at the LANXESS South Plant has been filed.

Key Points: 
  • EL DORADO, Ark., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced that the Definitive Feasibility Study (the “Report”) for its first commercial lithium project (“Phase 1A”) proposed to be located at the LANXESS South Plant has been filed.
  • With expected first production in 2026, Phase 1A is anticipated to be the first US-based lithium production project built in six decades, and the first commercial direct lithium extraction facility in North America with potential to double current United States lithium production from current levels.
  • Phase 1A represents a modest 60-times scale up from the operational Demonstration Plant, which over a three-and-a-half-year period of effective and efficient lithium extraction, has used the same brine that will feed the proposed commercial plant.
  • Standard Lithium's filing of the Definitive Feasibility Study highlights its commitment to commercialize direct lithium extraction technology, starting with Phase 1A.

Standard Lithium’s East Texas Drilling Program Delivers New Highest Confirmed Grade Lithium Brine in North America

Retrieved on: 
Tuesday, October 10, 2023
Lithium, Dorado, Well, Knowledge, NYSE, Arkansas Project, SLI, FRA, News, Smackover Formation

EL DORADO, Ark., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced it has drilled and sampled, to the best of its knowledge, a new highest confirmed lithium grade brine in North America, with a grade of 663 mg/L lithium.

Key Points: 
  • EL DORADO, Ark., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced it has drilled and sampled, to the best of its knowledge, a new highest confirmed lithium grade brine in North America, with a grade of 663 mg/L lithium.
  • Dr. Andy Robinson, President and COO of Standard Lithium commented, “We continue to be very excited by the quality and scale of the lithium brine assets we’re adding in East Texas.
  • The lithium sample analysis from a newly-drilled well delivered, to the best of our knowledge, a new highest-grade lithium brine concentration in North America and confirmed that we are securing the highest-grade lithium brine resource outside of Chile and Argentina.
  • Additional representative lithium brine analyses from other lithium brine projects in North America are provided for context.

Standard Lithium’s East Texas Drilling Program Delivers New Highest Confirmed Grade Lithium Brine in North America

Retrieved on: 
Tuesday, October 10, 2023
Lithium, Dorado, Well, Knowledge, NYSE, Arkansas Project, SLI, FRA, News, Smackover Formation

EL DORADO, Ark., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced it has drilled and sampled, to the best of its knowledge, a new highest confirmed lithium grade brine in North America, with a grade of 663 mg/L lithium.

Key Points: 
  • EL DORADO, Ark., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced it has drilled and sampled, to the best of its knowledge, a new highest confirmed lithium grade brine in North America, with a grade of 663 mg/L lithium.
  • Dr. Andy Robinson, President and COO of Standard Lithium commented, “We continue to be very excited by the quality and scale of the lithium brine assets we’re adding in East Texas.
  • The lithium sample analysis from a newly-drilled well delivered, to the best of our knowledge, a new highest-grade lithium brine concentration in North America and confirmed that we are securing the highest-grade lithium brine resource outside of Chile and Argentina.
  • Additional representative lithium brine analyses from other lithium brine projects in North America are provided for context.

Standard Lithium Appoints Michael Barman as Chief Development Officer to Lead Late-Stage Commercial Discussions

Retrieved on: 
Thursday, October 5, 2023
Lithium, Dorado, NYSE, University, Rotman School of Management, Georgia Department of Economic Development, SVKM's NMIMS, Original equipment manufacturer, Heart, Finance, Koch Industries, GMP, SLI, Management, Stifel, FRA, Demonstration plant, Smackover Formation, Economics

VANCOUVER, British Columbia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (NYSE American:SLI) (TSXV:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced the appointment of Michael (“Mike”) Barman as Chief Development Officer (“CDO”), effective October 8, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (NYSE American:SLI) (TSXV:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced the appointment of Michael (“Mike”) Barman as Chief Development Officer (“CDO”), effective October 8, 2023.
  • The Phase 1A Project located in El Dorado, Arkansas is the first commercial direct lithium extraction project of its kind.
  • Phase 1A represents the first new commercial lithium production from brine in the United States in six decades and is expected to double US lithium production beginning in 2026.
  • Mike Barman stated, “I’m very excited to join Standard Lithium on the cusp of commercializing the first of its lithium projects in the United States.

Standard Lithium Reports 2023 Full Year and Fourth Quarter Results

Retrieved on: 
Friday, September 22, 2023
Lithium, Dorado, CDN, Smackover, Arkansas, SLI, Bank statement, Original equipment manufacturer, Policy, LHM, EDGAR, LANXESS, FRA, Koch Industries, Economics, PFS, IRR, SWA, Public expenditure, Inflation, BNP Paribas, Smackover Formation, Retirement, NPV, Arkansas Project, Engineering, BNP, Growth, Inflation Reduction Act of 2022, NYSE, DFS

VANCOUVER, British Columbia, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, announces its financial and operating results for the fiscal fourth quarter and year ended June 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, announces its financial and operating results for the fiscal fourth quarter and year ended June 30, 2023.
  • “As we conclude fiscal year 2023, we take pride in our achievements,” said Robert Mintak CEO of Standard Lithium.
  • “Recent media reports have highlighted the interest of global energy companies' in lithium, specifically brine resources, and the Smackover Formation as their preferred resource, validating our work.
  • Our engagement with global OEMs, battery companies, and strategic parties has accelerated, underscoring the growing demand for ethically sourced lithium.

Standard Lithium Announces Positive Results of Definitive Feasibility Study for First Commercial Lithium Extraction Plant at LANXESS South Plant

Retrieved on: 
Wednesday, September 6, 2023
Lithium, Dorado, Klaipėda Geothermal Demonstration Plant, DLE, Partnership, SLI, Indication (medicine), LANXESS, History, FRA, NYSE, Inflation, BNP Paribas, Resource, FID, City, Knowledge, Inflation Reduction Act of 2022, Phase, News, DFS, Demonstration, Smackover Formation

EL DORADO, Ark., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Definitive Feasibility Study (the “DFS”) for its first commercial lithium extraction plant project (“Phase 1A”) proposed to be located at the LANXESS South Plant (“South Plant”).

Key Points: 
  • EL DORADO, Ark., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Definitive Feasibility Study (the “DFS”) for its first commercial lithium extraction plant project (“Phase 1A”) proposed to be located at the LANXESS South Plant (“South Plant”).
  • The DFS considers first production of battery-quality lithium carbonate in 2026, using direct lithium extraction, from Smackover brine currently being produced by LANXESS Corporation (“LANXESS”) from their South Brine Unit.
  • The DFS is focused solely on Phase 1A, located at the South Plant and serves as a comprehensive review of this first project.
  • Assuming a positive FID, the Company expects to commence construction in 2024 and reach commercial production in 2026.

Standard Lithium Announces Positive Preliminary Feasibility Study Results for Its South West Arkansas Project

Retrieved on: 
Tuesday, August 8, 2023
Lithium, Dorado, TPA, Feasibility study, DLE, Demonstration plant, SLI, Smackover Formation, LHM, Economics, FRA, PFS, SWA, Arkansas Project, NPV, Project, NYSE, IRR, Lanxess

EL DORADO, Ark., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Preliminary Feasibility Study (“PFS”) for the Company’s 100%-owned South West Arkansas (“SWA”) Project (the “Project”).

Key Points: 
  • EL DORADO, Ark., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Preliminary Feasibility Study (“PFS”) for the Company’s 100%-owned South West Arkansas (“SWA”) Project (the “Project”).
  • PFS indicates base case production of 30,000 tonnes per annum (“tpa”) battery-quality lithium hydroxide monohydrate (“LHM”); upside case of 35,000 tpa
    Robust project economics.
  • We now have a well-tested direct lithium extraction (‘DLE’) process, and we successfully converted our DLE product into battery-quality lithium hydroxide.
  • Starting with the Lanxess 1A project, we aim to deliver the first new lithium production facility in the U.S., with results from a Feasibility Study to be reported shortly.

Standard Lithium Announces Positive Preliminary Feasibility Study Results for Its South West Arkansas Project

Retrieved on: 
Tuesday, August 8, 2023
Lithium, Dorado, TPA, Feasibility study, DLE, Demonstration plant, SLI, Smackover Formation, LHM, Economics, FRA, PFS, SWA, Arkansas Project, NPV, Project, NYSE, IRR, Lanxess

EL DORADO, Ark., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Preliminary Feasibility Study (“PFS”) for the Company’s 100%-owned South West Arkansas (“SWA”) Project (the “Project”).

Key Points: 
  • EL DORADO, Ark., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Preliminary Feasibility Study (“PFS”) for the Company’s 100%-owned South West Arkansas (“SWA”) Project (the “Project”).
  • PFS indicates base case production of 30,000 tonnes per annum (“tpa”) battery-quality lithium hydroxide monohydrate (“LHM”); upside case of 35,000 tpa
    Robust project economics.
  • We now have a well-tested direct lithium extraction (‘DLE’) process, and we successfully converted our DLE product into battery-quality lithium hydroxide.
  • Starting with the Lanxess 1A project, we aim to deliver the first new lithium production facility in the U.S., with results from a Feasibility Study to be reported shortly.

TETRA TECHNOLOGIES, INC. EXPECTS SECOND QUARTER NET INCOME BEFORE TAXES AND DISCONTINUED OPERATIONS AND ADJUSTED EBITDA TO BE ABOVE THE PREVIOUS GUIDANCE AND COMMENCES LITHIUM FEED STUDY ON ARKANSAS BRINE LEASES

Retrieved on: 
Wednesday, July 5, 2023
Food, Risk, Smackover Formation, Perception, Water, Tax, Multimedia, Carbon, FEED, Report, TETRA, Calcium chloride, Hargrove, NYSE, Chemistry, Investment, Bromine, Associate, Form, Security (finance), Adjustment, News, CO2, Lithium, Music

TETRA had previously anticipated in the second quarter net income before taxes and discontinued operations to be between $11.5 million and $13.5 million.

Key Points: 
  • TETRA had previously anticipated in the second quarter net income before taxes and discontinued operations to be between $11.5 million and $13.5 million.
  • Further, TETRA expects second quarter cash flow from operating activities and adjusted free cash flow from continuing operations to be meaningfully above that same measure versus the first quarter of 2023.
  • The results from this well will be used to update the previously reported Inferred Resources Study for bromine and lithium.
  • TETRA has also engaged Hargrove and Associates to execute a front-end engineering and design study ("FEED") for a lithium production facility.