NEW YORK, NY--(Marketwired - Oct 27, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (
The publication, titled, "Investors Increasingly Confident in Lithium as Industry Gains Momentum," highlights some key players preparing for the 'lithium revolution' brought on by the increasing popularity of battery-powered homes and electric vehicles.
To view the full publication, visit: https://www.networknewswire.com/investors-inc...-momentum/
"Demand for lithium is projected to mushroom over 300% within eight years. Growth projections are largely based on increased consumer uses and the global proliferation of electric vehicles. However, the estimates may be vastly understated and could skyrocket much further. A recent Wall Street Journal article uncovered what may be an even greater demand driver. Multiple states and municipalities, in conjunction with utilities, are revamping their electric grids and utilizing high-density Li-ion energy storage solutions to power homes and make the grid more efficient ( http://nnw.fm/M1LJu ).
"Acquired through a strategic mineral lease agreement with National Chloride Corporation of America, the Bristol Dry Lake area has long been surface-mined to produce chloride for industrial applications. Consequently, the area has exceptional mining infrastructure already in place, mitigating the primary challenges of cost effective lithium mining and production -- location, access and infrastructure. Standard Lithium's location has easy road and rail access and abundant electricity and water sources, and it is already permitted for extensive brine extraction and processing activities. Electric power and water are on the property with a major paved road on the western edge and a rail siding nearby. The mineral lease agreement with National Chloride allows Standard Lithium immediate access to conduct exploration brine sampling and extraction, evaporation and processing activities, enabling a fast-tracked project development schedule."
About Standard Lithium 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 its 33,000 acres of lithium brine leases located in the Smackover Formation.
For more information, visit the company's website at www.StandardLithium.com .
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Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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