NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
Post# of 86
Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTC: STLHF), a lithium-focused exploration company, this morning announced that it has produced its first quantity of battery quality (>99.56% purity) lithium carbonate at its prototype Lithium Carbonate Crystallisation Pilot Plant operated by Saltworks Technologies Inc. The Crystallisation Pilot Plant, which is based on Standard Lithium’s proprietary technology, was operated as a two-stage crystallisation process. Additional optimization is currently underway, and the technical team will implement necessary adjustments to optimize how the two parts of the company’s proprietary technologies work together. In addition, Standard Lithium announced that it has retained the services of Lippert/Heilshorn & Associates, Inc. (“LHA”) to provide investor relations (“IR”) services to the company at a rate of US $15,000 per month for an initial twelve-month term, subject to approval by the TSX Venture Exchange. LHA will provide services including guidance on shareholder communication, drafting and reviewing corporate disclosure and coordinating conferences and presentations.
“We continue to be very pleased with the performance of our prototype pilot. Whilst we had previously made ‘battery quality’ carbonate at bench scale using our proprietary technology, we consider it an important milestone that we can achieve the same very high levels of purity at the larger scale of our prototype pilot. This has provided Standard Lithium, our Technical Team and our design partners with all the confidence needed to commence detailed design on the main crystallisation pilot plant, and this work is now ongoing,” Standard Lithium president and COO Dr. Andy Robinson stated in the news release.
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