Standard Lithium Ltd.
Standard Lithium is an innovative technology and lithium development company. The Company's flagship Lanxess 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's south plant facility in southern Arkansas. The demonstration plant utilizes the Company's proprietary LiSTR technology to selectively extract lithium from Lanxess's tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. The scalable, 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.
Lanxess Project, Southern Arkansas
Standard Lithium is currently focused on the immediate development of its flagship 150,000 acre, 3,140,000 tonne Lithium Carbonate Equivalent (LCE) Indicated Resource joint venture Lanxess Project, located in a region of southern Arkansas that is home to North America’s largest brine production and processing facilities. The Lanxess project is the largest and most advanced lithium brine project in the U.S.
Standard Lithium is partnered with global specialty chemical company Lanxess AG on the project. The partnership is in the demonstration stage of testing the commercial viability of lithium extraction on a mass scale from brine that is a byproduct of existing bromine production facilities run by Lanxess in southern Arkansas.
Management and Directors
Robert Cross, Non-Executive Chairman
Mr. Cross is an engineer with 25 years of experience as a company builder. He co-founded and serves as Chairman of B2Gold.
Robert Mintak, CEO & Director
Mr. Mintak has over 20 years’ experience in corporate management, with a specific emphasis on strategic development. He has a global network of lithium industry contacts and is a pioneer in the rapidly evolving lithium space.
Dr. Andy Robinson, President, COO & Director
Dr. Robinson is an experienced geoscientist with over 20 years of experience, and has worked on a wide range of projects in the resource, power and energy sectors in Europe, Africa, and North and South America.
Kara Norman, CFO
Ms. Norman is a Chartered Professional Accountant with extensive experience in financial reporting for resource development and technology companies.
Professor Jason Hein, Selective Lithium Crystallization Technology
Professor Hein is a recognized global expert on the application of A.I. and robotics on reaction optimization. His work with Standard Lithium integrates machine learning and newly developed robotic tools to visualize and control reactions as they happen in real time.
Ross Lewis, P.Eng., Senior Project Manager
Mr. Lewis has over 45 years of experience in process engineering, mechanical engineering, materials handling systems design, project management, procurement and construction in projects around the globe.
Steve Ross, P.Geol., Senior Project Manager
Mr. Ross is a senior business leader with almost 30 years of success in the energy and infrastructure consulting. He is an environmental and water resource professional.
Anthony Alvaro, Director
Mr. Alvaro is co-founder of Standard Lithium with over two decades capital markets experience. He has raised in excess of $500 million in for both public and private companies.
Jeff Barber, Director
Mr. Barber is a CFA and has extensive capital market experience as an investment banker with both Canaccord Genuity and Raymond James and an economist at Deloitte.
On March 29, 2022, Standard Lithium Ltd. announced that the TSX Venture Exchange has accepted for filing the company's proposal to issue 60,235 common shares at a deemed price of $8.3008 per share to Stifel Nicolaus Canada Inc. in consideration of advisory services provided to the company in connection with finalization of terms for the joint venture relationship with Lanxess Corp., which occurred on Feb. 23, 2022.
On June 14, 2021, Standard Lithium Ltd. announced that Lanxess Corp. has elected for the early conversion in full of its loan facility previously advanced to Standard Lithium Ltd.
Conversion of the Loan will allow the Company to strengthen its balance sheet with the elimination of long-term debt and conserve capital for ongoing project development work. The early conversion of the Loan will also reduce interest expense and positions the Lender as a key shareholder.
On April 5, 2021, Standard Lithium Ltd. announced that former U.S. Assistant Secretary of State for Energy Resources Francis R. Fannon has joined Standard Lithium in the role of strategic adviser.
On March 1, 2021, Standard Lithium announced that it successfully produced >99.985% purity battery quality lithium carbonate using ‘off-the-shelf’ OEM technology and commenced lithium hydroxide conversion program.
On February 3, 2021, Standard Lithium Ltd. announced that it has been named to the 2021 OTCQX Best 50.