NetworkNewsBreaks – Standard Lithium Ltd (TSX.V:
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Posted On: 07/13/2022 3:35:51 PM
NetworkNewsBreaks – Standard Lithium Ltd (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L) Releases Update on Key Developments
Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, is reporting on recent corporate and project developments. Highlights of the update include additions to SLI management, a master service agreement (“MSA”) with Telescope Innovations (“TELI”), the progress of a DFS/FEED study award and increased shareholdings by senior management. Specifically, SLI named new positions and members to its management team, including Jason Tielker as vice president of project delivery and Angus Remfry as director of project delivery. In addition, the company is reviewing Pre-FEED deliverables related to its first commercial plant with the anticipation of awarding the FEED and Definitive Feasibility Study work by next month. SLI also signed a MSA with TELI designed to conduct novel CO2-focused research and development. TELI is led by Jason Hein, who has worked successfully with Standard Lithium before and is the inventor of the SLI’s proprietary SiFT lithium carbonate crystallization technology. “Standard Lithium and our contractors have been working diligently through the Pre-FEED process to refine designs and work towards the award of the FEED and DFS contract,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “We have been adding several key internal resources and are delighted to have Jason and Angus on board to help us accelerate all our projects; they bring invaluable big-project delivery expertise that will be needed as we move towards construction on our first commercial project and continue to advance our pipeline of development projects. As we contemplate the ever-more significant role of CO2 in the future economy, our engagement with Telescope Innovations is very timely. We have the potential to actively decarbonize our business and sequester significant quantities of CO2 deep underground as part of our future lithium extraction and brine recycling operations, and as such, a thorough understanding of the chemistry and technology required is paramount. Standard Lithium has previously benefitted from Professor Hein’s expertise and is delighted to work with him and Telescope’s world-class team to better understand this potential future value creation stream.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, is reporting on recent corporate and project developments. Highlights of the update include additions to SLI management, a master service agreement (“MSA”) with Telescope Innovations (“TELI”), the progress of a DFS/FEED study award and increased shareholdings by senior management. Specifically, SLI named new positions and members to its management team, including Jason Tielker as vice president of project delivery and Angus Remfry as director of project delivery. In addition, the company is reviewing Pre-FEED deliverables related to its first commercial plant with the anticipation of awarding the FEED and Definitive Feasibility Study work by next month. SLI also signed a MSA with TELI designed to conduct novel CO2-focused research and development. TELI is led by Jason Hein, who has worked successfully with Standard Lithium before and is the inventor of the SLI’s proprietary SiFT lithium carbonate crystallization technology. “Standard Lithium and our contractors have been working diligently through the Pre-FEED process to refine designs and work towards the award of the FEED and DFS contract,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “We have been adding several key internal resources and are delighted to have Jason and Angus on board to help us accelerate all our projects; they bring invaluable big-project delivery expertise that will be needed as we move towards construction on our first commercial project and continue to advance our pipeline of development projects. As we contemplate the ever-more significant role of CO2 in the future economy, our engagement with Telescope Innovations is very timely. We have the potential to actively decarbonize our business and sequester significant quantities of CO2 deep underground as part of our future lithium extraction and brine recycling operations, and as such, a thorough understanding of the chemistry and technology required is paramount. Standard Lithium has previously benefitted from Professor Hein’s expertise and is delighted to work with him and Telescope’s world-class team to better understand this potential future value creation stream.”
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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