Standard Lithium Ltd.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
375 Water Street, Suite 110 Vancouver, BC Canada V6B 5C6 |
| Tel No.： | 604-259-2963 |
| Web Site： | www.standardlithium.com |
| E-mail： | info@standardlithium.com |
| Contact Person： | Robert Mintak |
| Position： | CEO & Director |
| Traded Market： |
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| Traded Symbol： |
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| Outstanding Shares： | 132.88 million | ||||
| 52 Week High： | $ 4.75 | ||||
| 52 Week Low： | $ 0.97 | ||||
| Present Price： | Click Here |
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.
Project Summary
- The most rapidly advancing, de-risked lithium project in North America
- Largest reported lithium brine project in the U.S. Initial target production of 21,000 tonnes LCE from existing waste brine stream
- 150,000 acres of permitted leases, three permitted brine production plants and all necessary infrastructure rail, power and water at site.
- 3,140,000 tonnes of lithium carbonate equivalent NI-43-101 Indicated Resource. The largest reported lithium brine resource in the U.S.
- 5,400,000,000 gallons of lithium rich brine processed on average annually. More than five decades of continuous brine production.
- Fast track to production by leveraging North America’s largest brine processing facilities, existing infrastructure, most permits already in place.
- Proprietary, Proven, Bolt-On Direct Lithium Extraction technology to extract and purify lithium from the waste brine by-product of existing bromine production facilities in south Arkansas.
- Strategic partnership with global chemical company LANXESS (Bayer, spinoff) includes project finance, off-take and operations commitment.
- Positive Environmental, social, and governance (ESG) profile as North America’s most sustainable direct lithium extraction and processing project, minimal environmental footprint, full social license.
- Strong project economics – lowest quartile OPEX Battery Quality Li2CO3
- Positive Preliminary Economic Assessment
- 21,000 tonnes/year Li2CO3 (Initial target)
- Post-tax NPV USD $ 989 mm
- Post-tax IRR 36%
- Total CAPEX USD $ 430 mm
- All-in OPEX USD $ 4,300/tonne battery quality Li2CO3
- Geo-politically safe, business friendly, low cost Arkansas U.S. location.
- Standard Lithium is poised to bring the first new U.S. based lithium project in over 50+ years into production.
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.
Highlights：
- >99.985% purity lithium carbonate produced using ‘off-the-shelf’ OEM technology
- Now successfully demonstrated two different flowsheets for producing battery-quality carbonate
- Launch of work converting Arkansas-produced LiCl into battery quality lithium hydroxide
On February 3, 2021, Standard Lithium Ltd. announced that it has been named to the 2021 OTCQX Best 50.