Standard Lithium Ltd ( (TSE:SLI) ) just unveiled an announcement.
Standard Lithium Ltd. has announced significant progress in its corporate objectives, focusing on the South West Arkansas Project and mineral leasing in East Texas. The company has initiated a project finance and off-take process for the SWA Project, aiming for substantial lithium carbonate production. Additionally, the Smackover Lithium JV with Equinor is expanding its lease position in East Texas, with plans to publish an Inferred Resource Report. These developments underscore Standard Lithium’s commitment to advancing its lithium projects and enhancing its industry positioning.
More about Standard Lithium Ltd
Standard Lithium Ltd. is a leading near-commercial lithium development company focused on the sustainable development of high-grade lithium-brine properties in the United States. The company emphasizes projects with high-quality resources, robust infrastructure, and streamlined permitting, aiming for commercial-scale lithium production through a scalable DLE and purification process. Their flagship projects are located in the Smackover Formation in Arkansas and Texas, in partnership with global energy leader Equinor.
YTD Price Performance: -4.81%
Average Trading Volume: 221,276
Technical Sentiment Signal: Buy
Current Market Cap: C$369.4M
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