Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is exploring the potential of extracting battery-grade lithium for the modern tech fuel market from brine fields in the large production-ready Smackover Formation that stretches across Southern Arkansas and neighboring states. The demand for lithium is expected to skyrocket over the next eight years, particularly in conjunction with growing demand for electric vehicles. An article discussing this reads: “Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) actively seeks to reduce political, permitting and technology risks, all while positioning itself as a leader in the production of lithium. The company works to eliminate exploration and development risks by focusing on existing brine fields and partnering with U.S. chemical processing companies. By focusing on U.S.-based assets, Standard reduces political and geographical risks, working within jurisdictions that already understand how to permit and approve brine extraction and processing at large industrial scales.”
To view the full press release, visit http://ibn.fm/oLEia
About Standard Lithium Ltd.
Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills. The Company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities. The Company is also commencing resource evaluation on up to 33,000 acres of brine leases located in the Smackover Formation. Please visit the Company’s website at http://nnw.fm/standardlithium
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