Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced
today the positive results of a Definitive Feasibility Study (the
“DFS”) for its first commercial lithium extraction plant project
(“Phase 1A”) proposed to be located at the LANXESS South Plant
(“South Plant”). The DFS considers first production of
battery-quality lithium carbonate in 2026, using direct lithium
extraction, from Smackover brine currently being produced by
LANXESS Corporation (“LANXESS”) from their South Brine Unit.
All figures are in US dollars unless otherwise stated.
Phase 1A Highlights:
- First production in
2026. Average annual production of 5,400 tonnes per annum
(“tpa”) over the operating life with peak annual production of
5,700 tpa
- 25-year minimum operating
life. Proven and Probable Reserves of 208 Kt lithium
carbonate equivalent (“LCE”) at an average concentration of 217
mg/L support up to 40 years of operations
- Strong project
economics. After-tax NPV $550 million and IRR of 24%
assuming discount rate of 8% and a long-term price of $30,000/t for
battery-quality Li2CO3
- Operating costs reflect
first step to commercial production. Average annual
operating costs of $6,810/t over the operating life
- CAPEX of $365
million. Total capex estimate of $365 million includes 15%
contingency
- Upgraded Measured
Resource. Total Measured and Indicated Resource of 2.8 Mt
LCE at average concentration of 148 mg/L for the combined LANXESS
South, Central and West Brine Units; Phase 1A represents production
of approximately 5% of the total Measured and Indicated
Resources
“We are taking a thoughtful, phased approach to
project development,” said Dr. Andy Robinson, President and COO of
Standard Lithium. “Phase 1A is the first commercial lithium
extraction plant proposed for the Smackover, and a modest scale up
from the Demonstration Plant that has been operating and
efficiently extracting lithium from the same brine for over 3½
years. The Phase 1A Project is substantially de-risked as we move
rapidly towards commercialization. We have a deep understanding of
the Resource and history of extracting lithium from the brine using
DLE, and we’ll be the first to do so at a commercial scale in the
Smackover in partnership with LANXESS. We expect to replicate and
scale the core elements of this first commercial plant across our
extensive and growing project portfolio in the Smackover Formation
in Arkansas and Texas.”
Robert Mintak, CEO of Standard Lithium,
commented, “Building on the success of our demonstration DLE
facility, Phase 1A taps into the long-established expertise in
brine processing, complemented by the infrastructure at the LANXESS
South Plant. Phase 1A marks the beginning of a series of lithium
projects we've charted across the Smackover Formation, a region
that's been integral to the U.S. energy sector for over a century.
Leveraging this vast reservoir of knowledge and the region's
culture of innovation, we aim to position the region as a
significant contributor addressing the U.S.'s needs for sustainably
produced lithium.”
“Following the completion of our DFS, our next
steps include finalizing commercial agreements with LANXESS and
securing project financing. We've partnered with BNP Paribas,
a global leader in financial advisory and project financing for
critical minerals projects, to serve as our lead debt
advisor. We're also actively exploring opportunities within
the U.S. Critical Mineral initiatives and the Inflation Reduction
Act, focusing on non-dilutive funding solutions to advance our
goals.”
Overview of the Project: A Phased
Approach
Phase 1A, Standard Lithium’s first commercial
lithium extraction plant, is proposed to be located at the South
Plant, approximately 13 kilometers (8 miles) southwest of the City
of El Dorado in Union County, Arkansas. LANXESS, a subsidiary of
LANXESS AG, a specialty chemicals company, has exclusive brine
extraction rights for 149,442 acres which is contained within three
brine production units, referred to as the South, Central and West
Brine Units. Development at Phase 1A including commercial
agreements, equity participation and phasing are governed by a
Memorandum of Understanding, which was outlined in the Company’s
news release dated February 24, 2022.
The DFS is focused solely on Phase 1A, located
at the South Plant and serves as a comprehensive review of this
first project. Standard Lithium expects to make a Final Investment
Decision (“FID”) related to Phase 1A in the first half of 2024,
subject to continuing project definition, finalization of
commercial agreements with LANXESS and project financing
initiatives. Assuming a positive FID, the Company expects to
commence construction in 2024 and reach commercial production in
2026.
Table 1: Phase 1A Definitive Feasibility
Study Highlights
Initial Annual Production of Li2CO3 |
tpa[1] |
5,730[2] |
Average Annual Production of
Li2CO3 |
tpa |
5,400 |
Plant Operating Life |
years |
25[3] |
Total Capital Expenditures |
$ millions |
365[4,5] |
Average Annual Operating
Cost |
$/t |
6,810 |
Average Annual All-in Operating
Cost |
$/t |
7,390[6,7] |
Selling Price |
$/t |
30,000[8] |
Discount Rate |
% |
8 |
Net
Present Value (NPV) Pre-Tax |
$ millions |
772 |
Net Present Value (NPV)
After-Tax |
$ millions |
550[9] |
Internal Rate of Return (IRR)
Pre-Tax |
% |
29.5 |
Internal Rate of Return (IRR)
After-Tax |
% |
24.0 |
Notes:All model outputs are
expressed on a 100% project ownership basis with no adjustments for
project financing assumptions.[1] Tonnes (1,000 kg) per annum.[2]
Initial annual production figure represents Year 2 production,
following a ramp-up period in Year 1.[3] Plant design and financial
modelling based on 25-year economic life. Proven and Probable
Reserves support a 40-year operating life.[4] Capital Expenditures
include 15% contingency.[5] No inflation or escalation has been
carried for the economic modelling.[6] Includes operating
expenditures and sustaining capital.[7] Brine
lease-fees-in-lieu-of-royalties (to be approved by AOGC) have not
been defined and are not currently included in the economic
modelling.[8] Selling price of battery-quality lithium carbonate
based on a flatline price of $30,000/t over total project
lifetime.[9] Assumes a U.S. Federal tax rate of 21% and State of
Arkansas Tax rate of 5.1%, as well as variable property taxes. [10]
Any discrepancies in the totals are due to rounding effects.
Phase 1A Production Plan and
Assumptions
The DFS for Phase 1A contemplates production of
battery-quality lithium carbonate averaging 5,400 tonnes per annum
(“tpa”) over a 25-year operating life, producing 135,000 tonnes LCE
from the LANXESS South Brine Unit which represents production of
approximately 5% of the in-situ Measured and Indicated Resources
(see Table 2). Phase 1A has the potential to operate over a 40-year
life based on the Proven and Probable Reserves of 208,000 tonnes
LCE (see Table 3). The DFS makes very conservative assumptions that
production of brine will occur from the existing wellfield, and
that no additional wells are drilled in the future to supplement or
add to the current brine flow, or to add additional brine from
higher lithium content zones available in the production unit(s).
See Figure 1 below for more details.
Figure 1: Phase 1A Production
Plan
Mineral Resource Assessment
The total in-situ Measured and Indicated Brine
Resources for the combined LANXESS South, Central and West Brine
Units are estimated at 2.8 Mt LCE or 529,000 tonnes of elemental
lithium at an average concentration of 148 mg/L.
This was informed by an updated Mineral Resource
estimate completed as part of the Study, which included an update
of the Mineral Resource from the 2019 Preliminary Economic
Assessment from ‘Indicated’ to ‘Measured.’ The Company’s
advancements in lithium recovery, as well as the completion of
additional brine sampling and geochemistry work, resulted in the
updated Mineral Resource.
Table 2: Measured and Indicated Resource
Estimation
Measured and Indicated Resource |
|
|
South |
West |
Central |
Central Expansion |
Total |
Gross Volume |
km³ |
20.8 |
32.8 |
24.0 |
3.9 |
81.5 |
Net Volume |
km³ |
5.1 |
11.2 |
7.4 |
1.4 |
25.1 |
Average Porosity |
% |
14.4 |
14.1 |
14.2 |
14.3 |
14.2 |
Brine Volume |
km3 |
0.73 |
1.58 |
1.05 |
0.20 |
3.56 |
Average Lithium
Concentration |
mg/L |
204 |
122 |
164 |
78 |
148 |
Measured Lithium Resource |
thousand tonnes |
148 |
192 |
173 |
- |
513 |
Indicated Lithium
Resource |
thousand tonnes |
- |
- |
- |
16 |
16 |
Measured LCE Resource |
thousand tonnes |
788 |
1,022 |
921 |
- |
2,731 |
Indicated LCE Resource |
thousand tonnes |
- |
- |
- |
85 |
85 |
Notes:[1] Volumes are
in-place.[2] Cutoff of 9% porosity.[3] The effective date of the
resource estimate is August 18, 2023. [4] Mineral Resources are
inclusive of Mineral Reserves.[5] The Qualified Persons for the
Mineral Resource Estimates is Randal M. Brush, PE and Robert
Williams, PG, CPG.[6] The Mineral Resource estimate follows 2014
CIM Definition Standards and the 2019 CIM MRMR Best Practice
Guidelines. [7] These Mineral Resources are not Mineral Reserves as
they do not have demonstrated economic viability.[8] Calculated
brine volumes only include Measured and Indicated Mineral Resource
volumes that when blended from the well field result in feed above
the cut-off grade of 100 mg/L.[9] Lithium Carbonate Equivalent
(“LCE”) is calculated using mass of LCE = 5.323 multiplied by mass
of lithium metal. [10] Results are presented in-situ. The number of
tonnes was rounded to the nearest thousand. Any discrepancies int
the totals are due to rounding effects.[11] The Qualified Person is
not aware of any known environmental, permitting, legal,
title-related, taxation, socio-political or market issues, or any
other relevant issue that could materially affect the potential
development of Mineral Resources other than those discussed in the
Mineral Resource Estimates.
The DFS completed is related to Phase 1A, which
would process tail brine from the South Plant. Phase 1A
contemplates production of battery-quality lithium carbonate
averaging 5,400 tpa over a 25-year operating life.
The total Proven and Probable Brine Reserves for
Phase 1A are estimated at 208,000 tonnes of LCE or 45,200 tonnes of
elemental lithium at an average lithium concentration of 217 mg/L.
In simple terms, the Reserves for the DFS are a quantification of
the lithium that can be produced by the existing operational brine
wells in the South Unit, over the lifetime of the Project. The
Reserves do not contemplate any other lithium production that could
take place either from the other operational brine supply wells
across the LANXESS facilities in El Dorado, or from future
additional wells that could be used to supplement or bolster
lithium production.
A numerical reservoir model was constructed
using industry standard software. The reservoir model was
calibrated using the extensive geological information and more than
60 years of brine production on the Property. Reserves were
calculated from the simulated Smackover Formation brine production
rates and lithium concentrations in the South production unit.
Proven and Probable Reserves were estimated based on the existing
operating capacity of the South Plant brine supply and disposal
network, and as such, the reported Reserves are exclusive only to
the South Brine Unit of LANXESS.
Table 3: Phase 1A Proven and Probable
Reserve Estimation
Proven and Probable Reserves |
|
|
Proven |
Probable |
Proven + Probable |
Brine Reserves |
million m³ |
124 |
84 |
209 |
Average Lithium
Concentration |
mg/L |
227 |
201 |
217 |
Lithium Metal |
thousand tonnes |
28.2 |
17.0 |
45.2 |
LCE Reserves |
thousand tonnes |
129 |
79 |
208 |
Notes:[1] The effective date of
the reserve estimate is August 18, 2023.[2] Any discrepancies in
the totals are due to rounding effects.[3] The Qualified Person for
the Mineral Reserve estimate is Randal M. Brush, PE. [4] Converted
Reserves are exclusive to the South Brine Unit. [5] The average
lithium concentration is weighted per well simulated extraction
rates.[6] The Proven case assumes a 25-year operating life at 4.96
million m3/year of brine production at a cut-off of 100 mg/L.[7]
Proven plus Probable reserves assume a 40-year operating life at
5.21 million m3/year of brine production at a cut-off of 100
mg/L.[8] The Reserves reference point for the Brine Pumped, Average
Lithium Concentration, and Lithium Metal is the brine inlet to the
processing plant.[9] The Reserves reference point for the LCE is
the product output of the processing plant.[10] Lithium Carbonate
production values consider plant processing efficiency factors.[11]
The Mineral Reserve estimate follows 2014 CIM Definition Standards
and the 2019 CIM MRMR Best Practice Guidelines.[12] Lithium
Carbonate Equivalent (“LCE”) is calculated using mass of LCE =
5.323 multiplied by mass of lithium metal.[13] The Qualified Person
is not aware of any known environmental, permitting, legal,
title-related, taxation, socio-political or marketing issues, or
any other relevant issue, that could materially affect the
potential development of Mineral Resources other than those
discussed in the Mineral Resource Estimates.
Capital Costs
Assuming average production over 25 years of
5,400 tpa of Li2CO3, the direct capital costs are estimated at $259
million, with indirect costs of $56 million. A contingency of 15%
was applied to total direct and indirect costs, yielding an
estimated all-in capital cost of $365 million.
The Company has undertaken efforts to
effectively de-risk the construction process for Phase 1A and
ensure on-time delivery. This includes a Term Sheet with the
nominated EPC contractor, Optimized Process Designs LLC, which sets
out construction performance and schedule guarantees to ensure
on-time construction, as well as guarantees related to the
production of battery-quality lithium carbonate at the facilities’
design capacity. This Term Sheet is subject to agreement between
the parties on pricing and definitive documentation.
Table 4: Phase 1A Capital Cost
Summary
|
Capital Cost ($ millions) |
Brine Delivery (Tie-ins) |
9.0 |
Brine Pretreatment |
43.3 |
Direct Lithium Extraction |
38.1 |
Concentration and Purification |
53.3 |
Carbonation |
53.4 |
Drying, Milling and Packaging |
18.9 |
Effluent Brine Disposal |
24.3 |
Reagent Systems |
8.8 |
Utilities |
51.1 |
Other (First Fills, Membranes, Commercial Fees) |
14.7 |
Contingency |
49.9 |
Total Capital Cost |
364.9 |
Notes:[1] Direct costs were
estimated using either vendor-supplied quotes, and/or engineer
estimated pricing (based on recent experience) for all major
equipment.[2] Indirect costs include all contractor costs
(including engineering); indirect labor costs and Owner’s Engineer
costs.[3] Any discrepancies in the totals are due to rounding
effects.
Operating Costs
The operating cost over the life of the Phase 1A
is $6,810/t of Li2CO3. All-in operating cost, including sustaining
capital expenditures and assumed brine fees, is $7,390/t.
Table 5: Phase 1A Operating Cost Summary
|
Average Annual Cost ($/t)[1] |
Electrical Power & Infrastructure |
950 |
Reagents & Consumables |
2,880 |
Maintenance and External Services[2] |
610 |
Workforce[3] |
1,930 |
Insurance |
340 |
Miscellaneous Costs[4] |
100 |
Total Operating Cost |
6,810 |
Sustaining Capital Expenditures |
580 |
All-in Operating Cost[5][6] |
7,390 |
Notes:[1] Operating costs are
calculated based on a Phase 1A average annual production of 5,400
tonnes of lithium carbonate.[2] Includes contract maintenance,
solids waste disposal, and external lab services.[3] Approximately
89 full time equivalent positions.[4] Includes general and
administrative expenses.[5] Does not include future brine
lease-fees-in-lieu-of-royalties which are still to be determined
and subject to regulatory approval (lease-fees-in-lieu-of-royalties
have been determined for bromine and certain other minerals in the
State of Arkansas but have not yet been determined for lithium
extraction).[6] Does not include brine fees which may be due to
LANXESS as a result of finalization of the commercial arrangements
between LANXESS and Company.
Processing Overview
Phase 1A will receive bromine depleted lithium
rich tail brine from the South Plant, extract lithium from the tail
brine and convert it to a saleable product, and return the lithium
depleted brine to the existing South Plant brine network for
re-injection.
The lithium processing facility is designed to
process a tail brine flowrate of approximately 5 million m3/yr from
the South Plant. The Demonstration Plant, currently operating at
the South Plant, has the ability to process 11.4 m3/hr or 50 US
gallons per minute resulting in a modest 60 times scale-up required
for the proposed first commercial production facility.
The DFS for Phase 1A does not contemplate any
potential future increase in brine production by LANXESS above
current South Plant brine production levels, nor the construction
of additional brine supply and disposal wells which could result in
increased lithium carbonate production through a future expansion
of the processing facilities.
The tail brine entering the production
facility is expected to be treated, filtered and then
processed via Koch Technology Solutions’ Lithium Selective Sorption
(“LSS”) direct lithium extraction (“DLE”) process to produce raw
lithium chloride, while the lithium depleted brine and ancillary
waste streams will be returned to the South Plant for
reinjection.
Standard Lithium has been developing two forms
of direct lithium extraction at the Demonstration Plant: the
Company’s proprietary LiSTR process and a co-developed Lithium
Selective Sorption (“LSS”) process. LSS is a Koch Technology
Solutions, LLC (“KTS”) proprietary technology. Under the Joint
Development Agreement with KTS, Standard Lithium has Smackover
regional exclusivity for the LSS process (see news release dated
9th May 2023).
Both the LiSTR and LSS DLE processes have been
successful in selectively extracting lithium from Smackover brine;
however, the Company currently expects to use the LSS technology as
the basis for the Project based on improved economics as well as
the expected performance guarantees to be provided by KTS. Use
of KTS’ LSS technology is subject to the parties entering into a
license agreement and other definitive documentation related to the
technology.
The LSS process has been in operation at the
Demonstration Plant since October 2022. Over 6,000 operating cycles
have been concluded at the time of the Study, achieving consistent
lithium extraction efficiencies of greater than 95% and contaminant
rejection efficiencies over 99%.
The LSS process produces a high-quality lithium
chloride solution which will be further purified and concentrated
by means of reverse osmosis, chemical softening and ion exchange.
After purification and concentration of the raw lithium chloride, a
conventional, two-stage, lithium carbonate crystallization process
will be used for final conversion of the polished lithium chloride
to battery-quality Li2CO3.
The DFS assumes production of lithium carbonate
using conventional crystallization technology readily available
from qualified vendors with performance guarantees for production
and quality. The Company engaged two vendors for pilot scale
testing of lithium carbonate production one using lithium chloride
produced by LiSTR and the other using lithium chloride produced by
LSS. Both vendors successfully produced battery-quality lithium
carbonate.
Overall, the commercial processing facility is
expected to recover and convert into battery-quality lithium
carbonate more than 93% of the lithium contained in the brine
delivered by LANXESS.
Project Economics
The financial results are derived from inputs
based on the annual production schedule as set forth in the DFS and
summarized in Table 1. Sensitivity analysis on the unlevered
economic results over a 25-year operating life are summarized in
Table 6 below.
Table 6: Phase 1A Sensitivity
Analysis
|
After-Tax NPV(US$ millions) |
After-Tax IRR(%) |
Li2CO3Price
($/t) |
|
|
-20% |
$337 |
18.4% |
0% |
$550 |
24.0% |
+20% |
$762 |
29.3% |
Production |
|
|
-5% |
$502 |
22.8% |
0% |
$550 |
24.0% |
+5% |
$597 |
25.3% |
Capital Costs |
|
|
+20% |
$491 |
20.4% |
0% |
$550 |
24.0% |
-20 |
$608 |
29.2% |
Operating Costs |
|
|
+20% |
$507 |
22.9% |
0% |
$550 |
24.0% |
-20% |
$592 |
25.2% |
Development Timeline
A detailed development schedule for construction
of Phase 1A has been developed as part of the DFS. The expected
summary schedule is presented in Figure 2 below.
Figure 2: Phase 1A Development
Timeline
The development schedule for the project remains
subject to ongoing engineering, finalization of commercial
agreements, Arkansas Oil and Gas Commission approvals, permit
approvals, EPC contract finalization, license agreement and other
related definitive documentation, market conditions and financing
activities.
Permitting and Environmental
Considerations
The Company completed an environmental study
which included field inspection and sampling programs to establish
baseline environmental conditions. The results of this study will
be used to establish baseline environmental values associated with
the development site, inform the design process and support future
environmental performance monitoring.
Currently, there are no material, federal
permits or authorizations required. Permit development activities
for the State of Arkansas construction and operating permits are
ongoing and on-schedule for completion ahead of required timelines
to support the construction and commissioning of Phase 1A.
Next Steps and
Recommendation
The Phase 1A DFS results demonstrate a robust
technical and financial case for Standard Lithium to proceed with
project development. The Company expects to make a Final Investment
Decision in the first half of 2024, and assuming a positive FID,
commence construction and deliver commercial production in
2026.
Summary of Consultants - Quality
Assurance
Report was prepared by a multi-disciplinary team
of Qualified Persons (“QPs”) that include geologists, reservoir
engineers, civil, mining, metallurgical, and chemical engineers
with relevant experience in brine geology, brine resource modelling
and estimation, lithium-brine processing, and project
development/execution. This was combined with an update of the
resource assessment completed by William Cobb & Associates
(“Cobb & Associates”). A National Instrument 43-101 report is
required to be filed, in conjunction with the disclosure of the
Study in this news release, within 45 days.
The companies and independent contractors
involved in completing the DFS include:
RESPEC: RESPEC is a 100%
employee-owned global leader in geoscience, engineering, data and
integrated technology solutions. The Company was founded in 1969
and has more than 525 employees in 28 offices across 14 U.S. states
and two Canadian provinces.
William M. Cobb & Associates (“Cobb
& Associates”): Cobb & Associates is based in
Dallas Texas and was formed in 1983 to provide quality reservoir
engineering, formation evaluation, and geological services. Cobb
& Associates is recognized as an industry leader in identifying
and solving complex technical problems with considerable experience
and expertise in the areas of brine resource production and
management, reservoir analyses, waterflood studies, miscible and
immiscible gas injection projects, reserve analyses, property
evaluations, geology and petrophysics, economic studies, and expert
witness testimony.
Alliance Technical
Group: Alliance Technical Group is headquartered in
Decatur, Alabama, with a core competency location in Bryant,
Arkansas and was established in 2000 to provide environmental
support to engineering and construction projects.
Hunt, Guillot & Associates
(“HGA”): HGA is a private company founded in 1997
with more than 650 engineering and project management
professionals. Its headquarters are in Ruston, Louisiana. HGA has
extensive engineering and construction expertise in the Gulf Coast
region.
Mike Rockandel: Mr. Rockandel
is an independent consulting metallurgical engineer based in
Tucson, Arizona. He holds a B.S. in Metallurgical Engineering from
the University of British Columbia and has more than 45 years of
experience at all levels of project development, including
laboratory development through commissioning, startup, and
operations supervision.
Susan B. Patton, PE: Ms. Patton
is a Principal Consultant of RESPEC based in Grand Junction,
Colorado, USA. She has more than 35 years of experience as a mine
engineer. Ms. Patton holds a B.S. in Mining Engineering from the
New Mexico Institute of Mining and Technology, a M.S. in Mineral
Engineering from the University of Alabama and an interdisciplinary
Doctorate in Mineral and Environmental Engineering from the
University of Alabama.
News Release Quality
Assurance
The information contained in this news release
relating to the Phase 1A has been compiled by the above-mentioned
companies and independent contractors.
The information in this press release has been
reviewed and approved by Susan B. Patton, PE. Ms. Patton is a
“Qualified Person” as the term is defined in National Instrument
43-101 and is independent of Standard Lithium.
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial
lithium development company with a portfolio of projects in
progress. The Company's flagship projects, Phase 1A Project
and the South West Arkansas Project, are located in south western
Arkansas in the heart of the Smackover Formation. The Company is
focused on producing lithium from brine using direct lithium
extraction (“DLE”) across approximately 180,000 acres of leases
from these two projects.
The Company operates an industrial-scale DLE
Demonstration Plant at the Phase 1A. The scalable, environmentally
friendly process eliminates the use of evaporation ponds, reduces
processing time from months to hours and greatly increases the
effective recovery of lithium.
The Company has completed a Definitive
Feasibility Study (“DFS”) for its first commercial lithium
extraction plant project, Phase 1A, and expects to make a Final
Investment Decision in the first half of 2024, commence
construction thereafter and deliver commercial production in 2026.
Phase 1A is expected to produce an average 5,400 tonnes of
battery-quality lithium carbonate per year over a 25-year operating
life. For the South West Arkansas project, located 50 miles west of
Phase 1A, Standard Lithium completed a Preliminary Feasibility
Study and expects to complete a DFS by the end of 2024, commence
construction in 2025 and deliver first production in 2027. The
Company anticipates South West Arkansas to produce at least 30,000
tonnes per annum of battery-quality lithium hydroxide over a
20-plus year operating life.
Concurrently, the Company is pursuing resource
development of other projects in the Smackover Formation in East
Texas, as well as approximately 45,000 acres of mineral leases
located in the Mojave Desert in San Bernardino County,
California.
Standard Lithium is jointly listed on the TSX
Venture Exchange and the NYSE American under the trading symbol
“SLI”; and on the Frankfurt Stock Exchange under the symbol “S5L”.
Please visit the Company’s website
at https://www.standardlithium.com.
Investor and Media Inquiries
Allysa HowellVice President,
Corporate Communications+1 720 484
1147a.howell@standardlithium.com
Twitter: @standardlithiumLinkedIn:
https://www.linkedin.com/company/standard-lithium/
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adequacy or accuracy of this release. This news release may contain
certain “Forward-Looking Statements” within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and other similar
words or expressions identify forward-looking statements or
information. These forward-looking statements or information may
relate to intended development timelines, future prices of
commodities, accuracy of mineral or resource exploration activity,
reserves or resources, regulatory or government requirements or
approvals, the reliability of third party information, continued
access to mineral properties or infrastructure, fluctuations in the
market for lithium and its derivatives, changes in exploration
costs and government regulation in Canada and the United States,
and other factors or information. Such statements represent the
Company’s current views with respect to future events and are
necessarily based upon a number of assumptions and estimates that,
while considered reasonable by the Company, are inherently subject
to significant business, economic, competitive, political and
social risks, contingencies and uncertainties. Many factors, both
known and unknown, could cause results, performance or achievements
to be materially different from the results, performance or
achievements that are or may be expressed or implied by such
forward-looking statements. The Company does not intend, and does
not assume any obligation, to update these forward-looking
statements or information to reflect changes in assumptions or
changes in circumstances or any other events affecting such
statements and information other than as required by applicable
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https://www.globenewswire.com/NewsRoom/AttachmentNg/2a233384-f3e1-4b18-a8d6-8f288e6162a0
https://www.globenewswire.com/NewsRoom/AttachmentNg/d09a6abc-43e0-4a66-91a5-1ea2a18e83cd
Standard Lithium (TG:S5L)
過去 株価チャート
から 6 2024 まで 7 2024
Standard Lithium (TG:S5L)
過去 株価チャート
から 7 2023 まで 7 2024