Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium development company, today announced the successful start-up of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. Utilizing Standard Lithium’s proprietary LiSTR Direct Lithium Extraction technology, the plant has been successfully commissioned during the first part of 2020 and is now operating on a 24/7 basis, extracting lithium directly from Lanxess’ tail brine. The company’s project team in Arkansas is currently conducting a series of systematic optimization exercises to calibrate the site and examine how performance can be further improved. “This is an extremely exciting time for Standard Lithium and our project partner, LANXESS. Our team has been working tirelessly over the last few months to fully commission the plant, despite the challenges of working in a necessarily modified and restricted operating environment. COVID-19 related limitations have complicated some of the commissioning activities, but our team, led by Mr. Bruce Seitz has done a fantastic job to safely and effectively get the plant commissioned, and transition it into full-time operation. The plant is now extracting lithium directly from Lanxess’ tail brine, on a continuous 24/7 basis and we look forward to providing additional news regarding its performance,” Standard Lithium president and COO Dr. Andy Robinson stated in the news release.
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About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is a specialty chemical company focused on unlocking the value of existing large-scale US based lithium-brine resources. The company believes new lithium production can be brought on stream rapidly by minimizing project risks at selection stage (resource, political, geographic, regulatory & permitting), and by leveraging advances in lithium extraction technologies and processes. 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 is currently installing a first-of-its-kind Demonstration Plant that will use the company’s proprietary technology to selectively extract lithium from LANXESS’ tailbrine. This Demonstration Plant will be used to prove commercial feasibility. The 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. For more information, visit the company’s website at www.StandardLithium.com.
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