Standard Lithium Advances Solid-State Battery Material Production

Standard Lithium Ltd ( (TSE:SLI) ) just unveiled an update.

Standard Lithium Ltd. has announced a successful collaboration with Telescope Innovations to produce battery-quality lithium sulfide using a novel low-temperature process. This development, utilizing lithium hydroxide from Standard Lithium’s Arkansas Demonstration Plant, positions the company at the forefront of next-generation solid-state battery materials. The new process offers advantages such as feedstock flexibility, impurity tolerance, and reduced processing temperatures, potentially lowering costs and enhancing safety. This advancement underscores Standard Lithium’s commitment to technological innovation and strengthens its market position in the rapidly evolving battery industry.

The most recent analyst rating on (TSE:SLI) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Standard Lithium Ltd stock, see the TSE:SLI Stock Forecast page.

Spark’s Take on TSE:SLI Stock

According to Spark, TipRanks’ AI Analyst, TSE:SLI is a Neutral.

Standard Lithium Ltd’s overall stock score reflects significant financial challenges, including lack of revenue and reliance on external funding. Despite this, strategic partnerships and technological advancements provide a cautiously optimistic outlook. Technical indicators suggest neutral to mild downward momentum, while recent corporate events highlight potential future growth.

To see Spark’s full report on TSE:SLI stock, click here.

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-grade resources, robust infrastructure, skilled labor, and streamlined permitting, aiming for commercial-scale lithium production through a scalable Direct Lithium Extraction (DLE) process. Their flagship projects are located in the Smackover Formation in Arkansas and Texas, in partnership with Equinor.

Average Trading Volume: 170,621

Technical Sentiment Signal: Buy

Current Market Cap: C$410.1M

For a thorough assessment of SLI stock, go to TipRanks’ Stock Analysis page.