SLI

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Standard Lithium Spearheads Arkansas Lithium Innovation Summit

Retrieved on: 
Friday, February 9, 2024

LITTLE ROCK, Ark., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce its presenting sponsorship of the Arkansas Lithium Innovation Summit, together with ExxonMobil, Albemarle, and TETRA Technologies.

Key Points: 
  • LITTLE ROCK, Ark., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce its presenting sponsorship of the Arkansas Lithium Innovation Summit, together with ExxonMobil, Albemarle, and TETRA Technologies.
  • Scheduled for February 15-16, 2024, at the Robinson Center in Little Rock, the summit will bring together a cross-section of industry leaders, policymakers, and stakeholders.
  • Discussions will focus on Arkansas’s strategic contribution to the U.S. lithium supply chain through the high-grade Smackover brine resource and innovative direct lithium extraction technologies.
  • The summit will feature insightful keynotes from Arkansas Governor Sarah Huckabee Sanders, Secretary of Commerce Hugh McDonald, and U.S.

Standard Lithium Reports Fiscal Second Quarter 2024 Results, Schedules Investor Update Call

Retrieved on: 
Thursday, February 8, 2024

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal second quarter ended December 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal second quarter ended December 31, 2023.
  • Salah Gamoudi, Chief Financial Officer of Standard Lithium added: “Despite a challenging commodity price environment, we expect to sustain our current operations through fiscal year 2024 with our cash available on-hand and the strategic use of our ATM program in place.
  • Subsequent to the fiscal second quarter-end, the Company selected Ausenco Engineering Canada ULC to lead the FEED and DFS studies for the project.
  • The Company will hold a conference call and webcast to discuss its second quarter fiscal results on Monday, February 12 at 11:00 a.m. EST.

Standard Lithium Advances South West Arkansas Project: Definitive Feasibility Study and Front-End Engineering Design Firm Chosen

Retrieved on: 
Wednesday, January 24, 2024

VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the selection of Ausenco Engineering Canada ULC (“Ausenco”) to complete the Definitive Feasibility Study (“DFS”) and Front-End Engineering and Design (“FEED”) services for the South West Arkansas (“SWA”) Project.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the selection of Ausenco Engineering Canada ULC (“Ausenco”) to complete the Definitive Feasibility Study (“DFS”) and Front-End Engineering and Design (“FEED”) services for the South West Arkansas (“SWA”) Project.
  • “We are focused on progressing our project portfolio,” said Andy Robinson, President and Chief Operating Officer of Standard Lithium.
  • “Despite recent headwinds in the global lithium macroeconomic environment, our projects remain very attractive.
  • Based on our Preliminary Feasability Study (‘PFS’) results, the SWA Project is expected to sit at the lower end of the cost curve in comparison to other lithium projects.

Increasing Production of EV Manufacturing Globally Positively Influencing Growth of Lithium Market

Retrieved on: 
Thursday, January 18, 2024

Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to market growth.

Key Points: 
  • Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to market growth.
  • The Grand View Research report added: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.
  • The lithium market is at a high stage of growth, with an accelerated pace.

Industrial Battery Manufacturer to Open U.S. Headquarters and Assembly Operation in Missouri

Retrieved on: 
Wednesday, January 17, 2024

"The selection of Missouri as the home of TAB USA's first North American facility reaffirms our state's strategic advantages for growing companies," said Missouri Governor Mike Parson.

Key Points: 
  • "The selection of Missouri as the home of TAB USA's first North American facility reaffirms our state's strategic advantages for growing companies," said Missouri Governor Mike Parson.
  • Missouri stands ready to support the growth and success of TAB USA as it embarks on this exciting journey from its new U.S.
  • In addition to serving as TAB USA's headquarters, facility operations will also include industrial battery assembly, distribution, and sales.
  • "Missouri is well-suited for battery manufacturing, and TAB USA's decision to establish its U.S. headquarters here further solidifies our state's position as a leading location for battery manufacturers."

Flourishing Lithium-Ion Batteries Demand Propelling Continued Growth of Billion Dollar Lithium Mining Sector

Retrieved on: 
Tuesday, January 16, 2024

Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.

Key Points: 
  • Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.
  • With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years.
  • The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
  • Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.

2023: A Defining Year for Darena Solutions. Poised to Fuel Healthcare Innovation in 2024

Retrieved on: 
Wednesday, January 3, 2024

ST. LOUIS, Jan. 3, 2024 /PRNewswire-PRWeb/ -- Darena Solutions, a recognized leader in healthcare clinical, analytics, and regulatory solutions, today announced that the company achieved several significant business and product development milestones in 2023.

Key Points: 
  • Darena's continued commitment to making healthcare app development and consumption easier lays a strong foundation for future growth.
  • ST. LOUIS, Jan. 3, 2024 /PRNewswire-PRWeb/ -- Darena Solutions, a recognized leader in healthcare clinical, analytics, and regulatory solutions, today announced that the company achieved several significant business and product development milestones in 2023.
  • Other Darena Solutions' accomplishments in 2023 include:
    Darena's MyMipsScore software continues to be one of the leading Merit-based Incentive Payment System (MIPS) solutions available.
  • Darena team invites like-minded partners and clients to their booth to share their ideas and be a part of the conversation about shaping the future of healthcare.

Standard Lithium to Participate in December Investor Conferences

Retrieved on: 
Monday, December 4, 2023

VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced its participation in the following virtual December investor conferences:

Key Points: 
  • VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced its participation in the following virtual December investor conferences:
    US Based Lithium Supply, featuring Robert Mintak, CEO and Director of Standard Lithium, 7:45am – 8:15am PT
    Company Presentation, featuring Robert Mintak, CEO and Director of Standard Lithium, 7:45am – 8:30am PT
    Management will be hosting one-on-one meetings during the conferences.
  • Interested investors should contact their Deutsche Bank or Bank of America representative or Standard Lithium Investor Relations at [email protected] .

Standard Lithium Provides Update on Phase 1A Commercialization Progress, Announces Engagement of Citi for Strategic Financing and Partnerships

Retrieved on: 
Monday, December 4, 2023

The Company has engaged Citi to facilitate strategic financing and partnership options for the Phase 1A Project, as well as for advancing the broader South West Arkansas project and the Company’s initiatives in East Texas.

Key Points: 
  • The Company has engaged Citi to facilitate strategic financing and partnership options for the Phase 1A Project, as well as for advancing the broader South West Arkansas project and the Company’s initiatives in East Texas.
  • In line with its strategic focus on core operations, LANXESS Corporation (“LANXESS”) has communicated its plans to commercialize its role in the Phase 1A Project alongside Standard Lithium.
  • These agreements will form the basis of the operational framework for the Phase 1A Project.
  • With the Phase 1A Project’s ownership and operational structure now clearly defined, Standard Lithium is well-placed to optimize project partnerships and structure off-take agreements that capture the full potential value of the project.