- Business
- Standard Lithium Ltd. (TSX-V: SLI, NYSE American: SLI, FSE: S5L) explores, develops and processes lithium brine properties in the United States, focusing on sustainable production of battery-quality lithium chemicals through proprietary Direct Lithium Extraction (DLE) technology; core projects include the flagship South West Arkansas (SWA) initiative in Lafayette and Columbia counties, Arkansas, targeting 45,000 tonnes per annum of lithium carbonate in two phases of 22,500 tonnes each via integrated DLE and purification processes, the LANXESS South Plant demonstration facility, and East Texas assets such as the Franklin project with North America's highest reported lithium brine grades; products encompass battery-grade lithium carbonate and hydroxide for electric vehicle and energy storage manufacturers, alongside inferred resources of potash and bromide; operations span the Smackover Formation in Arkansas and Texas, leveraging high-grade brines averaging over 800 mg/L lithium concentration across more than 130,000 acres of leasehold. Founded in 1998 and headquartered in Vancouver, British Columbia, Canada, the company partners with Equinor on SWA and East Texas developments. Recent developments encompass finalization of a $225 million U.S. Department of Energy grant in January 2025, completion of an upscaled definitive feasibility study for SWA in October 2025 with front-end engineering design underway, a $130 million upsized public equity offering in November 2025 to fund equity contributions toward a targeted Final Investment Decision in early 2026, maiden inferred resource announcements for the Franklin project in East Texas highlighting superior grades in May and September 2025, key regulatory approvals including Phase 1A brine production unit establishment and royalty rates from the Arkansas Oil and Gas Commission in 2025, licensing of DLE technology with Koch Technology Solutions, and senior leadership expansions such as the appointment of a General Counsel and new vice presidents.