FAQ on Standard Lithium Ltd.'s Joint Venture and Lithium Royalty Proposal in Arkansas

What is the main purpose of Standard Lithium Ltd.’s joint venture with Equinor?

The main purpose is to advance the South West Arkansas Project, a greenfield lithium-brine project, by applying for a lithium royalty framework to support sustainable lithium production and regional economic development.

What does the proposed lithium royalty framework entail?

The proposal outlines a 2.5% gross royalty based on lithium output and North American index pricing, with additional annual brine fees, bringing total compensation to roughly 3%.

When is the hearing for the lithium royalty framework scheduled?

The hearing is scheduled for May 28, 2025, in Magnolia, Arkansas.

Where is the South West Arkansas Project located?

The project is located in southern Arkansas, within the Smackover Formation, a world-class lithium-brine asset.

Who is involved in the South West Arkansas Project?

Standard Lithium Ltd. and Equinor’s joint venture, Smackover Lithium, are advancing the project, with SWA Lithium LLC applying for the royalty framework.

Why is the lithium royalty framework significant?

It aims to drive regional investment and economic development while fairly compensating landowners for lithium extraction activities.

How does Standard Lithium Ltd. plan to achieve sustainable lithium production?

The company plans to use a scalable and fully integrated direct lithium extraction (DLE) and purification process for sustainable, commercial-scale lithium production.

Where can I find more information about Standard Lithium Ltd.?

More information is available on the company’s website at www.StandardLithium.com and in their newsroom at https://ibn.fm/SLI.

What are the benefits of the proposed lithium royalty framework?

The framework is designed to benefit the region by fostering investment, economic development, and fair compensation for landowners, while supporting sustainable lithium production.