Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, will be participating in the Canaccord Genuity’s Global Metals & Mining Conference. The three-day event is scheduled for May 15–17, 2022, in Palm Desert, California. According to the announcement, the company will be involved in a panel discussion slated for Monday, May 16, at 11:15 a.m. PT. The topic that panel members will discuss is the following: developing a lithium project – permitting, offtakes, partnerships and financing. In addition to panel discussions and other presentations, the event agenda will include opportunities for one-on-one meetings between companies and investors; SLI representatives will be available for these meetings throughout the event. In addition, Standard Lithium announced an equity investment of $2.5 million into Aqualung Carbon Capture AS. According to the announcement, the investment was part of a $10 million strategic equity round by Aqualung, which is a leader in carbon capture technology. “We began working with Aqualung in 2021, and are confident in its underlying technology and the management team’s strategy to commercialize their core carbon capture technology,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “This strategic investment round provided an ideal opportunity for Standard Lithium to take a more integrated approach as our Company strives towards a future of low-carbon lithium chemical production. One of our goals is to both minimize and/or capture our CO 2 emissions, and permanently sequester that CO 2 as part of our future operations. We look forward to scaling up our existing pilot project with Aqualung in support of this ambition. In addition, I am delighted to join Aqualung’s board of directors and actively participate in the company’s future.”
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About Standard Lithium Ltd.
Standard Lithium 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 more than 150,000 acres of permitted brine operations. The company operates its first-of-a-kind, industrial-scale, direct-lithium-extraction demonstration plant at Lanxess’s south plant facility. The demonstration plant utilizes the company’s proprietary LiSTR technology to selectively extract lithium from Lanxess’s tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. The scalable, 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 more than 30,000 acres of separate brine leases located in southwestern Arkansas, referred to as the South West Arkansas Lithium Project, and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com.
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