Standard Lithium Provides Update on Its Operational Direct Lithium Extraction and Carbonate Crystallization Plants
15 Julio 2020 - 6:00AM
Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L) an innovative
technology and lithium development company, is pleased to provide
updates regarding its two operational pilot plant projects.
Firstly, the Company’s pre-commercial Direct Lithium Extraction
(DLE) Demonstration Plant at LANXESS’ South Plant facility in
southern Arkansas has been operating successfully since late May,
and has been producing concentrated lithium chloride product, as
per its design. This first-of-its-kind pre-commercial plant,
which uses Standard Lithium’s proprietary LiSTR DLE technology, has
been operating on a 24/7 basis using tail-brine feed from the
existing LANXESS facility. The plant has been undergoing a
series of optimisation exercises to improve performance and
reliability of the various unit operations and improve the quality
of the final lithium solution. Additional work is also being
completed at the project site to construct the foundations required
to house the integrated SiFT Pilot Plant (see below) at the
Arkansas Project Site, when international border restrictions
allow. Photos of some operations within the plant are shown
below in Figures 1 & 2.
Secondly, the Company’s industrial-scale lithium
carbonate SiFT crystallization pilot plant is beginning initial
lithium carbonate crystallization work. The commissioning
phase of the plant has been successfully completed; all hot and
cold hydraulic and filtering systems have operated successfully;
real-time laser microscopy and crystal photoanalytical tools have
been installed, and control systems have been tested. The
plant will begin initial crystallization work this week using a
lithium chloride solution that was produced last year by the
Company’s Mini-Pilot DLE Plant, that operated continuously at the
SGS testing facility in Ontario (note, this lithium chloride
solution was produced from Arkansas brine). Once the lithium
chloride product from the operational DLE plant in Arkansas is
optimised, it will be shipped in bulk to Richmond, BC for final
conversion in the SiFT plant. Transport of bulk volumes of
polished lithium chloride product will continue to be shipped from
Arkansas to BC, until such time that border restrictions are
lifted, and it is possible to move the SiFT plant and Standard
Lithium staff from BC to Arkansas.
Dr. Andy Robinson, President and COO of Standard
Lithium commented “Standard Lithium continues to execute on our key
project milestones; we have successfully started and operated the
industrial scale DLE plant in Arkansas, and now we are starting up
our next-generation lithium carbonate crystallisation plant.
These achievements are a testament to the hard work and dedication
of our talented technical team and our project partners. We
continue to make significant strides towards commercial execution,
and our large-scale pilot plants provide the necessary
proof-of-concept.”
Figure 1: Standard Lithium’s analytical chemist
performs real-time tests on process samples in the dedicated
laboratory attached to the pre-commercial DLE Demonstration Plant
in El Dorado, Arkansas,
USA: https://www.globenewswire.com/NewsRoom/AttachmentNg/abc7bcba-5b2e-4eff-b968-aa7e24b30c23
Figure 2: Standard Lithium and Saltworks
chemical engineers running through system commissioning procedures
at the SiFT battery-quality lithium carbonate Pilot Plant, in
Richmond, BC,
Canada: https://www.globenewswire.com/NewsRoom/AttachmentNg/d9d88612-8002-4a97-b5ad-aab647952410
About Standard Lithium
Ltd.Standard Lithium (TSXV: SLL) is an innovative
technology and lithium development company. The Company’s
flagship project is located in southern Arkansas, where it is
engaged in the testing and proving of the commercial viability of
lithium extraction from over 150,000 acres of permitted brine
operations. The Company has commissioned its first of a kind
industrial scale Direct Lithium Extraction Demonstration Plant at
LANXESS’ South Plant facility in southern Arkansas. The
Demonstration Plant utilises the Company’s proprietary LiSTR
technology to selectively extract lithium from LANXESS’ tailbrine.
The Demonstration Plant is being used for proof of concept
and commercial feasibility studies. The scaleable,
environmentally friendly process eliminates the use of evaporation
ponds, reduces processing time from months to hours and greatly
increases the effective recovery of lithium. The Company is also
pursuing the resource development of over 30,000 acres of separate
brine leases located in southwestern Arkansas and approximately
45,000 acres of mineral leases located in the Mojave Desert in San
Bernardino County, California.
Standard Lithium is listed on the TSX Venture
Exchange under the trading symbol “SLL”; quoted on the OTC - Nasdaq
Intl Designation under the symbol “STLHF”; and on the Frankfurt
Stock Exchange under the symbol “S5L”. Please visit the
Company’s website at www.standardlithium.com
On behalf of the Board of Standard Lithium
Ltd.
Robert Mintak, CEO & Director
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release may contain
certain “Forward-Looking Statements” within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and other similar
words or expressions identify forward-looking statements or
information. These forward-looking statements or information
may relate to future prices of commodities, accuracy of mineral or
resource exploration activity, reserves or resources, regulatory or
government requirements or approvals, the reliability of third
party information, continued access to mineral properties or
infrastructure, fluctuations in the market for lithium and its
derivatives, changes in exploration costs and government regulation
in Canada and the United States, and other factors or
information. Such statements represent the Company’s current
views with respect to future events and are necessarily based upon
a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social risks,
contingencies and uncertainties. Many factors, both known and
unknown, could cause results, performance or achievements to be
materially different from the results, performance or achievements
that are or may be expressed or implied by such forward-looking
statements. The Company does not intend, and does not assume
any obligation, to update these forward-looking statements or
information to reflect changes in assumptions or changes in
circumstances or any other events affections such statements and
information other than as required by applicable laws, rules and
regulations.
For further information, contact Anthony Alvaro at (604) 240 4793
Standard Lithium (TSXV:SLL)
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