NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V
Post# of 86
Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, today announced successful installation of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. According to the update, Standard Lithium’s project team has also installed the site office/control room, the lithium-specific analytical laboratory, and a steel-framed, all-weather structure that allows year-round operation. Standard Lithium’s 20+ person on-site project team will commence the commissioning phase once all utility/service connections, as well as brine and reagent supply and disposal lines are complete. “The commissioning of our industrial-scale pre-commercial plant will solidify Standard Lithium as one of the most advanced lithium projects in North America. Our recently completed Preliminary Economic Assessment contemplates the production of 20,900 tonnes of battery-quality lithium carbonate from existing brine flow, roughly five times the current domestic U.S. production, and that is without drilling a new well,” Standard Lithium CEO Robert Mintak said in the news release. “The successful commissioning and operation of the LiSTR extraction technology will provide the proof of concept required for a commercial build decision and then potentially to become the largest producer of lithium chemicals in the United States.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer