Smackover Lithium, a 55:45 owned Joint Venture between Standard Lithium (SLI) and Equinor (EQNR), announced that the Definitive Feasibility Study, DFS, for its South West Arkansas, SWA, project has been filed. The DFS contemplates production capacity of 22,500 tonnes per annum of battery-quality lithium carbonate over a 20-year modeled operating life, producing 447,000 tonnes of lithium carbonate equivalent, LCE, or 38% of the in-situ Measured and Indicated Resources of 1,177,000 tonnes LCE. The Project will begin production at an average lithium concentration of 549 mg/L, and will process 0.50 km3 of brine over its modelled 20-year life at an average lithium concentration of 442 mg/L.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLI:
