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Posted On: 05/09/2018 5:14:43 PM
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NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Enters MOU with Lanxess Corporation
Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced its entry into a Memorandum of Understanding with global specialty chemicals company Lanxess Corporation and its U.S. affiliate, Great Lakes Chemical Corporation. Per the update, the purpose of this MOU is to test and prove the commercial viability of extraction of lithium from brine that is produced as part of Lanxess’s bromine extraction business at its three Southern Arkansas facilities. “We are delighted to be entering into a cooperation with Lanxess, a highly-respected world leader in the specialty chemical sector,” Robert Mintak, CEO of Standard Lithium, stated in the news release. “Given the scale of the existing infrastructure and potential resource, the mitigation of project execution risks and acceleration of the Smackover project development timeline, this MoU represents an important step for Standard Lithium.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced its entry into a Memorandum of Understanding with global specialty chemicals company Lanxess Corporation and its U.S. affiliate, Great Lakes Chemical Corporation. Per the update, the purpose of this MOU is to test and prove the commercial viability of extraction of lithium from brine that is produced as part of Lanxess’s bromine extraction business at its three Southern Arkansas facilities. “We are delighted to be entering into a cooperation with Lanxess, a highly-respected world leader in the specialty chemical sector,” Robert Mintak, CEO of Standard Lithium, stated in the news release. “Given the scale of the existing infrastructure and potential resource, the mitigation of project execution risks and acceleration of the Smackover project development timeline, this MoU represents an important step for Standard Lithium.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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