Standard Lithium Provides Update on its El Dorado, Arkansas Project and SiFT Lithium Carbonate Plant
September 01 2021 - 6:00AM
Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), an
innovative technology and lithium project development company,
today offered an update on the installation of the SiFT lithium
carbonate plant at its flagship South Arkansas project and other
related developments.
The installation of the ‘SiFT’ lithium carbonate
plant is completed, with all major connections made to the existing
plant, and the installation of a new weatherproof enclosure (see
Figure 1 below). ‘Wet’ commissioning of the SiFT Plant is ongoing,
and it is expected that fully integrated operations will commence
during September. Standard Lithium has also installed and
commissioned a novel osmotically assisted High Pressure Reverse
Osmosis (HPRO) unit at the demonstration plant in El Dorado (see
Figure 2 below). This unit sits between LiSTR and SiFT and is used
to concentrate the lithium chloride product continuously produced
by the existing LiSTR Direct Lithium Extraction (“DLE”) plant, so
that it can then be converted to lithium carbonate. The HPRO unit
is now operational and is being integrated into the overall process
flow at the plant.
Figure 1: Inside the weatherproof structure that
houses the SiFT lithium carbonate crystallization plant. SiFT is
fully installed and integrated with the existing operational DLE
plant at Standard Lithium’s Demonstration Plant in El Dorado,
Arkansas, USA. A photo is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/98faac2b-ef0f-478e-a003-ef59bcc741bf.
Figure 2: The osmotically-assisted High Pressure
Reverse Osmosis (HPRO) plant installed on the third storey of the
Company’s LiSTR DLE Plant. This unit acts as the link between the
LiSTR DLE plant and the SiFT plant, and serves to concentrate the
lithium chloride product so that it can be converted to lithium
carbonate. A photo is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b7e253f7-e4a9-4911-b8ae-fefc9c93a6e6.
Standard Lithium also issues an update on the
company’s status following Hurricane Ida. In advance of the storm,
Standard Lithium’s team in Arkansas engaged pre-emptive emergency
safety protocols to secure the plant, critical infrastructure and
team at the El Dorado site. Standard Lithium personnel ensured all
equipment was moved to a safe, staging area to protected against
possible storm damage. Ultimately, with a shift in Hurricane Ida’s
path, operations continued without interruption.
Dr. Andy Robinson, President and COO of Standard
Lithium commented “we’re very thankful that our team and operations
are safe and that El Dorado was spared the worst of Hurricane Ida.
Our project execution efforts continue and with the final stages of
commissioning and integration almost finished, we are now in the
final stages of running the only continuous, 24/7 start-to-finish
brine-to-carbonate plant in North America.”
Standard Lithium has also announced its latest
corporate citizenship efforts to support the El Dorado community.
In September, Standard Lithium, alongside LANXESS and others, will
be a major sponsor for the “22nd Annual SouthArk Outdoor Expo!”
being hosted by the South Arkansas Community College Foundation on
Saturday, September 11, 2021. In October, Standard Lithium will be
a ‘Superstar Sponsor’ for the “Main Street El Dorado Musicfest
2021” which will feature performances by the likes of Frank Foster
and Ice Cube.
About Standard Lithium Ltd.
Standard Lithium is an innovative technology and
lithium development company. 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 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.
Standard Lithium is jointly listed on the TSX
Venture and the NYSE American Exchanges under the trading symbol
“SLI”; and on the Frankfurt Stock Exchange under the symbol “S5L”.
Please visit the Company’s website
at www.standardlithium.com.
On behalf of the Board of Standard Lithium Ltd.
Robert Mintak, CEO & Director
For further information, contact Anthony Alvaro at (604) 240
4793
Twitter @standardlithium
LinkedIn https://www.linkedin.com/company/standard-lithium/
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Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. This news release may contain certain
“Forward-Looking Statements” within the meaning of the United
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release, the words “anticipate”, “believe”, “estimate”, “expect”,
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information. These forward-looking statements or information may
relate to future prices of commodities, accuracy of mineral or
resource exploration activity, reserves or resources, regulatory or
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party information, continued access to mineral properties or
infrastructure, fluctuations in the market for lithium and its
derivatives, changes in exploration costs and government regulation
in Canada and the United States, and other factors or information.
Such statements represent the Company’s current views with respect
to future events and are necessarily based upon a number of
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Company, are inherently subject to significant business, economic,
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results, performance or achievements to be materially different
from the results, performance or achievements that are or may be
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Company does not intend, and does not assume any obligation, to
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