Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), an innovative
technology and lithium project development company, reports the
positive results of a Preliminary Economic Assessment (PEA) for the
Company’s South-West Arkansas (SWA) Lithium Project (the “Project”;
previously called the Tetra Project; See Company News Release dated
May 17th 2021).
Key Points:
- Pre-tax US$2.83 Billion NPV at 8%
discount rate and IRR of 40.5%;
- After-tax US$1.97 Billion NPV at 8%
discount rate and IRR of 32.1%;
- 20-year mine-life producing an
average of 30,000 tonnes per year of battery-quality lithium
hydroxide monohydrate (LHM);
- Operating costs of US$2,599 per
tonne of battery quality lithium hydroxide;
- AACE Class 5 Total CAPEX estimate
of US$870 Million including conservative 25% contingency of direct
capital costs; and,
- SW Arkansas Lithium Project PEA
lithium brine resource is updated to consider the potential
unitized area of production, leading to an increased total (global)
in-situ resource of 1,195,000 tonnes Lithium Carbonate Equivalent
(LCE) at the Inferred Category.
Dr. Andy Robinson, President and COO of Standard
Lithium commented, “the completion of this PEA for the SWA Lithium
Project is an important milestone for Standard Lithium as it begins
to showcase the significant potential that is present within the
Smackover Formation in southwestern Arkansas. This PEA is the
result of a concerted team effort, and we owe considerable thanks
to all the team members who have contributed their professional
expertise to this study. The ability to showcase this PEA and
highlight these attractive project fundamentals is based on the
many tens-of-thousands of hours that the broader Standard Lithium
team has spent over the past few years proving and derisking our
lithium extraction technology at pre-commercial scales. It is
because of our large-scale technology proof that we can hope to
deploy it, in the future, on our other assets in the region. The
attractive potential economics from this PEA support continued
effort to de-risk and advance the SWA Project in parallel with the
Company’s immediate focus, which is to deliver the first new
lithium production facility in North America at the Lanxess
facilities.”
The PEA and updated lithium resource estimate
are based on a unitized area of future potential production
resulting in 36,172 gross mineral acres (14,638 gross mineral
hectares). The PEA considers the production of battery-quality
lithium hydroxide averaging 30,000 tonnes per annum (tpa) over a
20-year operating timeframe. The PEA also updates the existing
inferred mineral resource.
The PEA is preliminary in nature and includes
inferred resources that are considered too speculative to have the
economic considerations applied to them that would enable them to
be categorized as mineral reserves and there is no certainty the
estimates presented in the PEA will be realized.
Table 1: PEA Highlights
|
Units |
Values |
Average Annual Production (as LiOH•H2O) |
tpa[1] |
30,000[2] |
Plant Operation |
years |
20 |
Total Capital Cost (CAPEX) |
US$ |
869,868,000[3] |
Operating Cost (OPEX) per year |
US$/yr |
77,972,000[4] |
OPEX per tonne |
US$/t |
2,599 |
Initial Selling Price |
US$/t |
14,500[5] |
Average Annual Revenue |
US$ |
570,076,000[6] |
Discount Rate |
% |
8.0 |
Net Present Value (NPV) Pre-Tax |
US$ |
2,830,190,000 |
Net Present Value (NPV) Post-Tax |
US$ |
1,965,427,000 |
Internal Rate of Return (IRR) Pre-Tax |
% |
40.5 |
Internal Rate of Return (IRR) Post-Tax |
% |
32.1 |
Notes:All model outputs are
expressed on a 100% project ownership basis with no adjustments for
project financing assumptions[1] Metric tonnes (1,000 kg) per
annum[2] Total production for years 1 to 15 is 30,666 tpa LHM and
28,000 tpa LHM for years 16 to 20[3] AACE Class 5 estimate includes
25% contingency on direct capital costs[4] Includes all operating
expenditures, ongoing land costs, established Royalties, sustaining
capital and allowance for mine closure. All costs are escalated at
2% per annum[5] Selling price of battery quality lithium hydroxide
monohydrate based on an initial price of $14,500/t in 2021,
adjusted for inflation at 2% per annum. Sensitivity analysis
modelled the starting price between US$12,500-US$16,500/t.[6]
Average annual revenue over projected 20 year mine-life.
Project DevelopmentThe
development plan for the PEA considers the production of
battery-quality lithium hydroxide averaging 30,000 tonnes per annum
(tpa) over a 20-year operating timeframe. The project contemplates,
in broad terms, the extraction of brine from the southern portion
of the project where the brine has a higher lithium grade
(approximately 400 mg/L) and better reservoir characteristics, and
reinjection of the tailbrine into the northern part of the project
where the lithium grade is significantly lower (approximately 160
mg/L; additional details are provided below). The lithium
extraction process is based on the Company’s proprietary LiSTR
technology, and the final conversion to a lithium hydroxide product
will use an electrochemical process tailored to lithium hydroxide
production. The project is located in an area with significant
existing infrastructure such as water, power, gas, road, rail and
workforce; plus existing operating oil and gas assets, including
wells, collection systems, easements and gas processing facilities.
It should be noted that the Company has secured an option to
acquire a key parcel of land in the contemplated Project area. This
land may be suitable for siting a future brine processing and
conversion facility as it is well served by existing
infrastructure, utilities and pipeline easements. Development of
the project, subject to continuing project definition, due
diligence and receipt of future feasibility studies, contemplates
production commencing in 2025 from the land package assembled by
the Company to date (subject to unitization as described
below).
Brine Leases and Future
UnitizationThe SW Arkansas Lithium Project is based on the
Company’s existing brine leases (maintained through an option
agreement with Tetra Technologies Inc., a NYSE-listed Company) that
have a net lease area of 27,262 acres (11,033 hectares). As the PEA
contemplates a future production scenario (subject to ongoing
project development and de-risking), it is necessary to model the
potentially available resource by aggregating these leases into a
single unitized production area; this has the effect of ‘filling in
the gaps’ between the lease parcels to generate a single unitized
area of 36,172 gross mineral acres (14,638 gross mineral hectares).
Note that this ‘unitizing’, or ‘grossing-up’ of the existing leases
to a possible future production area is normal for brine production
in Arkansas (the Arkansas Brine Statute), and can only be
considered when the net holding in the unitized area is greater
than 75%. Note also that future aggregation and unitization of the
leases is subject to regulatory approval, and will be governed by
an existing process that is managed and overseen by the Arkansas
Oil and Gas Commission (AOGC).
Brine Production/Injection, Pipelines
and Pre-TreatmentBased upon geological and brine chemistry
information in the SWA Lithium Project area, the lithium
concentrations are anticipated to be consistent within the South
and North Resource areas, averaging 399 mg/L and 160 mg/L,
respectively. A network of 23 brine supply wells would produce from
the Smackover Formation in the higher-grade South Resource area
averaging about 1,715 m3/day per well for an aggregated total
production of 39,452 m3/day (1,644 m3/hr or 7,238 US gallons per
minute). The average brine supply well production rate is similar
to the two existing bromine operations located immediately to the
east of the Project. Brine from the supply wells would be conveyed
to a lithium extraction and lithium hydroxide production facility
by a network of underground fibreglass pipelines totalling
approximately 18.3 km (11.4 miles) in length. The brine entering
the production facility would be pre-treated to remove hydrogen
sulphide gas (H2S), suspended solids and hydrocarbons, prior to
processing by the Company’s proprietary direct lithium extraction
process (LiSTR). After LiSTR processing, the lithium depleted brine
is returned to the lower-grade North Resource area by a pipeline
system 20.3 km (12.6 miles) in length to a network of 24 brine
injection wells completed in the Smackover Formation. All
extraction and reinjection would occur in the single unitized area
to maintain reservoir pressures (as is the practice elsewhere in
southern Arkansas).
Direct Lithium Extraction by
LiSTRThe proprietary LiSTR lithium extraction process uses
a fine-grained, solid, inorganic adsorbent to selectively adsorb
lithium ions from the brine. The LiSTR process produces a
concentrated lithium chloride solution. This process is currently
being successfully tested by the Company at their Demonstration
Plant in Union County, Arkansas (see December 03, 2020 news
release). This Demonstration Plant has been successfully operating
at a pre-commercial scale since May 2020.
Lithium Hydroxide ProductionThe
concentrated lithium chloride solution from LiSTR is further
concentrated by high pressure reverse osmosis and impurities are
removed through ion exchange (as also successfully proven at the
Company’s Demonstration Plant). The further concentrated and
purified lithium chloride solution is processed by electrolysis to
form a highly pure lithium hydroxide solution. This solution is
crystalized into a solid, battery-quality lithium hydroxide
monohydrate.
Capital CostsAt full build-out,
with estimated average production over 20 years of 30,000 tonnes
per annum of lithium hydroxide, the direct capital costs are
estimated at US$532 million, with indirect costs of US$205 million.
A contingency of 25% was applied to direct costs (US$133 million)
to yield an estimated all-in capital cost of US$870 million. A
summary of the capital costs is provided in Table 2 below.
Table 2: Capital Cost
Summary
Description |
Direct Costs Million US$ [1] |
Indirect Costs Million US$ [2] |
Extraction and Reinjection Wellfield[3] |
204.9 |
2.3 |
Pipelines[3] |
38.7 |
2.5 |
Receiving/Pre-Treatment |
35.4 |
28.1 |
Lithium Extraction (LiSTR) |
135.0 |
103.8 |
Lithium Hydroxide Conversion |
90.9 |
39.9 |
Utilities/Infrastructure |
26.9 |
28.5 |
Contingency |
133.0[4] |
- |
Total |
664.8 |
205.1 |
CAPEX TOTAL |
US$869.9 million |
Notes:[1] Direct costs were
estimated using either vendor-supplied quotes, and/or engineer
estimated pricing (based on recent experience) for all major
equipment. Major equipment prices were scaled using appropriate
AACE Class 5 Direct Cost Factors (provided by the relevant QP) to
derive all direct equipment costs[2] Indirect costs were estimated
using AACE Class 5 Indirect Cost Factors multiplied by the direct
costs. Indirect costs include all contractor costs (including
engineering); indirect labor costs and Owner’s Engineer costs[3]
Exceptions to above costing estimate methodology were the wellfield
and pipelines, which were based on HGA’s recent project experience
in the local area[4] AACE Class 5 estimate includes 25% contingency
on direct capital costs
Operating CostsThe operating
cost estimate includes both direct costs and indirect costs, as
well as allowances for mine closure. The majority of the operating
cost comprises reagent usage required to extract the lithium from
the brine, as well as conversion to lithium hydroxide monohydrate
and electricity consumption. Out of this, the greatest amount is
related to acid and base consumption (hydrochloric acid and
ammonium hydroxide) and was estimated using information from the
operating Demonstration Plant located in Union County, Arkansas.
The all-in operating cost of $2,599 per tonne of lithium hydroxide
is one of the lowest reported in the industry owing to two key
factors which are location-specific. DLE processes are reagent
intensive; in the case of the LiSTR process, the principal reagent
cost is hydrochloric acid. A large portion (approximately 50%) of
the acid required is produced on-site as a by-product of the
electrochemical conversion of lithium chloride to lithium
hydroxide. This can result in significant cost-savings during the
lithium extraction step. The electrochemical conversion uses a
large quantity of electricity, which would normally (in most
jurisdictions around the world) result in a cost disbenefit;
however, bulk electricity pricing in southern Arkansas is favorable
(<6 cents/kWh), and hence results in overall lower-than-normal
operating costs.
Table 3: Operating Cost
Summary
Description |
Operating Cost US$/tonne Lithium Hydroxide[1] |
Workforce[2] |
190 |
Electrical Power[3] |
378 |
Reagents and Consumables[4] |
836 |
Natural Gas[5] |
39 |
Maintenance/Waste Disposal/Misc[6] |
563 |
Indirect Operational Costs[7] |
110 |
Royalties and Land/Lease Costs[8] |
482 |
OPEX Total |
2,599 |
Notes:[1] Operating costs are
calculated based on average annual production of 30,000 tonnes of
lithium hydroxide[2] Approximately 75 FTE positions[3]
Approximately 40% of electrical energy consumed by wellfield and
pipelines; 60% by the processing facility[4] Majority of reagent
costs are comprised of HCl and NH4OH consumption. As discussed
elsewhere, approximately 50% of the required HCl is produced
on-site as a by-product of the electrochemical conversion of
lithium chloride solution to lithium hydroxide solution, resulting
in a significant cost saving. Additional cost savings can be
attributed to the on-site production of concentrated NaCl solution,
resulting from pre-concentration of the LiCl ahead of conversion.
This NaCl solution is used as a regenerant in some of the polishing
IX processes. Other reagents and consumables are air, lithium
titanate make-up (owing to small losses in the process), membrane
replacement, nitrogen and scale inhibitors for pumps/wellheads.[5]
Assumes that all natural gas is purchased from open market and none
is co-produced at the wellheads[6] Includes all maintenance and
workover costs and is based on experience in similar-sized
electrochemical facilities, brine processing facilities and
Smackover brine production wellfields[7] Indirect costs (insurance,
environmental monitoring, community benefits etc.) are factored
from other capital and operational costs, except for mine closure,
which is based on known well-abandonment costs[8] Based on agreed
royalties and expected future lease costs. Does not include future
lease-fees-in-lieu-of-royalties which are still to be determined
and subject to regulatory approval (lease-fees-in-lieu-of-royalties
have been determined for bromine and certain other minerals in the
State of Arkansas, but have not yet been determined for lithium
extraction)
Sensitivity Analysis Lithium
hydroxide monohydrate battery quality pricing assessment was
completed. Project pricing was based upon a current price of
$14,500 US/tonne adjusted for inflation to the start of production
in 2025. The sensitivity analysis is provided in Table 4 below.
Table 4: Lithium Hydroxide sale price
post-tax sensitivity analysis
LHM Price in 2021[1] (US$/t) |
Post-Tax NPV (US$ Million) |
Post-Tax IRR |
12,500 |
1,544.7 |
27.6 |
% |
13,500 |
1,755.1 |
29.9 |
% |
14,500 |
1,965.4 |
32.1 |
% |
15,500 |
2,175.8 |
34.2 |
% |
16,500 |
2,386.1 |
36.3 |
% |
Notes:[1] 2% annual LHM price escalation from
2021 to the start of production in 2025 was applied.
Mineral Resource AssessmentThe
resource present in the Smackover Formation below the SWA Lithium
Project was updated based on the proposed unitized area
encompassing 36,172 gross mineral acres (14,638 gross mineral
hectares; see discussion above for disclosure on Unitization
process). Using a cut-off criteria of 50 mg/L lithium, the SWA
Lithium Project resource estimate is classified as ‘Inferred’
according to the CIM definition standards (see note 4 after Table
5). The total (global) in-situ Inferred lithium brine resource is
estimated at 225,000 tonnes of elemental lithium, or 1,195,000
tonnes lithium carbonate equivalent (“LCE”); see Table 5 below for
more detail.
Table 5: South-West Arkansas Lithium
Brine Project Inferred Resource Estimation
|
Upper Smackover Formation |
Middle Smackover Formation |
Total (and main resource)[1] |
Parameter |
South Resource Area |
North Resource Area |
South Resource Area |
North Resource Area |
|
Aquifer Volume (km3) |
2.852 |
|
4.226 |
|
0.704 |
|
1.080 |
|
8.862 |
|
Brine Volume (km3) |
0.281 |
|
0.416 |
|
0.071 |
|
0.110 |
|
0.76 |
|
Average lithium concentration (mg/L) |
399 |
|
160 |
|
399 |
|
160 |
|
199 |
|
Average Porosity |
10.1 |
% |
10.1 |
% |
10.3 |
% |
10.3 |
% |
10.1 |
% |
Total Li inferred resource (as metal) metric tonnes [4][5] |
112,000 |
|
67,000 |
|
28,000 |
|
18,000 |
|
225,000 |
|
Total LCE inferred resource(metric
tonnes)[4][5] |
596,000 |
|
354,000 |
|
152,000 |
|
93,000 |
|
1,195,000 |
|
Notes:[1] Mineral resources are
not mineral reserves and do not have demonstrated economic
viability. There is no guarantee that all or any part of the
mineral resource will be converted into a mineral reserve. The
estimate of mineral resources may be materially affected by
geology, environment, permitting, legal, title, taxation,
socio-political, marketing, or other relevant issues.[2] Numbers
may not add up due to rounding to the nearest 1,000 unit).[3] The
resource estimate was completed and reported using a cut-off of 50
mg/L lithium.[4] The resource estimate was developed and classified
in accordance with guidelines established by the Canadian Institute
of Mining and Metallurgy (CIM). The associated Technical Report was
completed in accordance with the Canadian Securities
Administration’s National Instrument 43-101 and all associated
documents and amendments. As per these guidelines, the resource was
estimated in terms of metallic (or elemental) lithium.[5] In order
to describe the resource in terms of ‘industry standard’ lithium
carbonate equivalent, a conversion factor of 5.323 was used to
convert elemental lithium to LCE.
With respect to reconciliation of resources, the
updated 2021 SWA Lithium Project resource is 49% larger than the
2019 resource estimate. This difference is directly related to
unitization of the resource area. More specifically, the total
aquifer volume has increased from 7.66 km3 in 2019 to 8.86 km3
(1.84 mi3 to 2.13 mi3) in this report.
The lithium brine Inferred Resource, as
reported, is contained within the Upper and Middle Members of the
Smackover Formation, a late jurassic oolitic limestone aquifer that
underlies the entire Project. This brine resource is in an area
where there is some localised oil and gas with on-property
production, and where brine is produced as a by-product of
hydrocarbon extraction. The data used to estimate and model the
resource were gathered from existing and suspended oil and gas
production wells on or adjacent to the Project.
The resource area is split into the northern and
southern resource zones, where a fault system is generally
interpreted to act as the divide between the two areas (although
there is hydrogeological continuity in the resource zone across the
fault system). In general, the Smackover Formation is slightly
thinner, with lower lithium grades in the northern zone, and
slightly thicker with higher lithium grades in the southern zone.
The depth, shape, thickness and lateral extent of the Smackover
Formation were mapped out using the following data:
- 2,444 wells drilled into the
subsurface in the general SWA Lithium Project area. Of these, 2,041
wells were deep enough (2,135 m, or 7,000 feet) to penetrate the
Upper Smackover Formation;
- 104 wells had electric logs
available within the SWA Lithium Project that included the top of
the Upper Smackover Formation;
- 32 wells had electric logs
available within the SWA Lithium Project that included the base of
the Upper Smackover Formation;
- 19 wells had electric logs
available within the SWA Lithium Project that included the base of
the Middle Smackover Formation; and,
- 29 wells had density logs and/or
porosity logs that could be used to calculate total porosity in the
Middle and Upper Smackover Formations. Nineteen of the 29 logs
logged the entire Upper Smackover Formation.
In addition, hardcopy prints of 20 proprietary
regional seismic lines totaling over 200 line-km (over 125
line-miles) were procured, scanned, rasterized and loaded into
Kingdom® seismic and geological interpretation software.
The porosity and permeability data used to model
the resource included:
- Historical effective porosity
measurements of more than 1,935 Smackover Formation core samples
that yielded an average effective porosity of 14.3%;
- Historical permeability data that
vary from <0.01 to >5,000 millidarcies (mD) with an average
of 338 mD;
- 515 core plug samples from oil and
gas wells within the Upper and Middle Smackover Formations at the
SWA Lithium Project were analysed for permeability and porosity and
yielded an overall average permeability of 53.3 mD and a total
porosity of 10.2%; and,
- 3,194 Smackover Formation total
porosity values based on LAS density/porosity logs from 29 wells
within, and/or adjacent to the SWA Lithium Project that have an
average total porosity of 9.2%.
Representative in-situ brine geochemistry was
assessed using eight lithium brine samples taken from wells
re-entered by the Company in 2018 and was supplemented by four
historical samples. These data yielded an average lithium grade of
160 mg/L in the northern resource zone and 399 mg/L in the southern
resource zone. Sample quality assurance and quality control was
maintained throughout by use of blanks, duplicates, standard
‘spikes’, and by using an independent and accredited laboratory,
with a history of analysing high salinity lithium brines.
Main RecommendationsThe
principal recommendation from the PEA is that the project progress
to a Pre-Feasibility Study.
Summary of Consultants - Quality
AssuranceThe PEA was prepared by a multi-disciplinary team
of Qualified Persons (“QPs”) that include geologists,
hydrogeologists, civil and chemical engineers with relevant
experience in brine geology, brine resource modelling and
estimation, lithium-brine processing and project development and
execution. This was combined with an update of the inferred
resource assessment completed by APEX Geoscience Ltd. A National
Instrument 43-101 report is required to be filed within 45 days, in
conjunction with the disclosure of the PEA in this news
release.
The companies involved in completing the PEA
include:
APEX Geoscience Ltd (APEX):
APEX is geological consulting company headquartered in Edmonton,
Alberta. APEX has completed mineral exploration and resource
modelling and estimations world-wide for over 25 years including
lithium resource evaluations.
ECCI: ECCI is
located in Little Rock, Arkansas and was established in 1993 to
provide environmental support to engineering and construction
projects.
Hunt, Guillot & Associates
(HGA): HGA’s headquarters is in Ruston, Louisiana near to
the SWA Lithium Project. HGA has extensive engineering and
construction expertise in the Gulf Coast region. HGA is a private
company founded in 1997 with more than 450 employees.
Matrix Solutions Inc (Matrix):
Matrix is a Canadian, privately-owned environmental and engineering
company established in 1984 with more than 500 employees.
NORAM: NORAM is a
Vancouver-based private company active in a wide range of
technologies world-wide including electrochemistry for the
production of lithium hydroxide monohydrate. NORAM was founded in
1988 and has more than 100 employees.
METNETH2O
Inc
(METNETH2O):
METNETH2O is a Canadian company in Peterborough, Ontario that
provides hydrometallurgical solutions including pilot plant design
and data analysis to companies world-wide.
News Release Quality
AssuranceThe scientific and technical information
contained in this news release relating to the SWA Lithium Project
PEA has been compiled by the above-mentioned companies. All
companies have reviewed and approved the presentation of the PEA
information in this news release. The final content of this news
release has been reviewed by Clive Brereton, a Fellow of the
Canadian Academy of Engineering and Vice President of NORAM
Engineering and Constructors, and reviewed and approved by Eric
Mielke, M.A.Sc., P.Eng., of NORAM. Mr. Mielke is a “Qualified
Person” as the term is defined in National Instrument 43-101 and is
independent of the Company.
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 south west 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
Neither TSX Venture Exchange nor its Regulation
Services 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 States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and other similar
words or expressions identify forward-looking statements or
information. These forward-looking statements or information may
relate to future prices of commodities, accuracy of mineral or
resource exploration activity, reserves or resources, accuracy of
the PEA, including NPV, IRR, capital and operating costs, life of
mine production, progression of the project, including to a
pre-feasibility study, regulatory or government requirements or
approvals, the reliability of third 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 assumptions and estimates that,
while considered reasonable by the Company, are inherently subject
to significant business, economic, competitive, political and
social risks, contingencies and uncertainties. Many factors, both
known and unknown, could cause results, performance or achievements
to be materially different from the results, performance or
achievements that are or may be expressed or implied by such
forward-looking statements. The Company does not intend, and does
not assume any obligation, to update these forward-looking
statements or information to reflect changes in assumptions or
changes in circumstances or any other events affections such
statements and information other than as required by applicable
laws, rules and regulations.
For further information, contact Anthony Alvaro at (604) 240 4793
Contact: info@standardlithium.com
Twitter: @standardlithium
LinkedIn: https://www.linkedin.com/company/standard-lithium/
Standard Lithium (TSXV:SLI)
Historical Stock Chart
From Feb 2024 to Mar 2024
Standard Lithium (TSXV:SLI)
Historical Stock Chart
From Mar 2023 to Mar 2024