FAQ on Standard Lithium Ltd.'s Record Lithium Grades at Smackover Project
Summary
What is the significance of the lithium concentrations reported by Standard Lithium Ltd.?
The reported lithium concentration of 616 mg/L at the Lester well is the highest to date at the Smackover Project, indicating high-grade lithium resources that could significantly impact the project’s feasibility and commercial viability.
Who is involved in the Smackover Project with Standard Lithium Ltd.?
Standard Lithium Ltd. is working in a joint venture named Smackover Lithium with Equinor, a global energy leader, to advance the South West Arkansas Project.
What are the next steps for the Smackover Project after the completion of Phase 1 exploration?
The joint venture team is advancing its Front-End Engineering Design (FEED) study and expects to complete a Definitive Feasibility Study by Q3 2025, aiming for a Final Investment Decision by the end of the same year.
Where is the Smackover Project located?
The Smackover Project is located in the Smackover Formation, focusing on Arkansas and Texas, with the South West Arkansas Project being a greenfield project in southern Arkansas.
How does Standard Lithium Ltd. plan to achieve commercial-scale lithium production?
Standard Lithium Ltd. aims to achieve sustainable, commercial-scale lithium production through the application of a scalable and fully integrated direct lithium extraction (DLE) and purification process.
What other projects is Standard Lithium Ltd. currently advancing?
Besides the South West Arkansas Project, Standard Lithium Ltd. is advancing the phase 1A project in partnership with LANXESS Corp. in southern Arkansas and holds mineral leases in the Mojave Desert in San Bernardino County, California.
Where can I find more information about Standard Lithium Ltd. and its projects?
More information about Standard Lithium Ltd. and its projects can be found on their official website at www.StandardLithium.com and in the company’s newsroom at https://ibn.fm/SLI.
What is the target timeline for the Definitive Feasibility Study and Final Investment Decision?
The Definitive Feasibility Study is expected by Q3 2025, with the Final Investment Decision targeted by the end of 2025.
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