Standard Lithium (TSE:SLI) has released an update.
Standard Lithium Ltd. has reported significant strides in its fiscal third quarter of 2024, with strategic partnerships like the one with global energy leader Equinor bolstering its financial position and advancing project development. The company has installed a commercial-scale Direct Lithium Extraction unit and has chosen Ausenco Engineering Canada ULC to lead critical project phases. The results show a promising future with high lithium recovery rates and strong financial efficiency, positioning the company well within the lithium market.
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