Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries InvestorNewsBreaks – Standard Lithium Ltd (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L) Reports on PEA of South-West Arkansas Lithium Project By: Investor Brand Network October 12, 2021 at 09:57 AM EDT Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, has released the results of a preliminary economic assessment (“PEA”) on its South-West Arkansas (“SWA”) lithium project. Highlights of the report include pretax $2.83 billion NPV at 8% discount rate and IRR of 40.5% as well as after-tax $1.97 billion NPV at 8% discount rate and IRR of 32.1%. The company also noted that the assessment reported a 20-year mine-life producing an average of 30,000 tons per year of battery-quality lithium hydroxide monohydrate (“LHM”). Operating costs are estimated at $2,599 per ton of battery-quality lithium hydroxide with an AACE Class 5 Total CAPEX estimate of $870 million including conservative 25% contingency of direct capital costs. In addition, the SW Arkansas Lithium Project PEA lithium brine resource has been updated in regards to the potential unitized area of production, with an increased total global in-situ resource of 1,195,000 tons lithium carbonate equivalent (“LCE”) at the inferred category. “The completion of this PEA for the SWA Lithium Project is an important milestone for Standard Lithium as it begins to showcase the significant potential that is present within the Smackover Formation in southwestern Arkansas,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “The ability to showcase this PEA and highlight these attractive project fundamentals is based on the many tens-of-thousands of hours that the broader Standard Lithium team has spent over the past few years proving and derisking our lithium extraction technology at pre-commercial scales. It is because of our large-scale technology proof that we can hope to deploy it, in the future, on our other assets in the region. The attractive potential economics from this PEA support continued effort to derisk and advance the SWA project in parallel with the company’s immediate focus, which is to deliver the first new lithium production facility in North America at the Lanxess facilities.” To view the full press release, visit https://ibn.fm/4xdHt About Standard Lithium Ltd. Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from more than 150,000 acres of permitted brine operations. The company has commissioned its first-of-a-kind, industrial-scale direct lithium extraction demonstration plant at Lanxess’s south plant facility in southern Arkansas. The demonstration plant utilizes the company’s proprietary LiSTR technology to selectively extract lithium from Lanxess’s tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. 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 is also pursuing the resource development of more than 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com. NOTE TO INVESTORS: The latest news and updates relating to SLI are available in the company’s newsroom at https://ibn.fm/SLI About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement. With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork. Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before. 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InvestorNewsBreaks – Standard Lithium Ltd (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L) Reports on PEA of South-West Arkansas Lithium Project By: Investor Brand Network October 12, 2021 at 09:57 AM EDT Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, has released the results of a preliminary economic assessment (“PEA”) on its South-West Arkansas (“SWA”) lithium project. Highlights of the report include pretax $2.83 billion NPV at 8% discount rate and IRR of 40.5% as well as after-tax $1.97 billion NPV at 8% discount rate and IRR of 32.1%. The company also noted that the assessment reported a 20-year mine-life producing an average of 30,000 tons per year of battery-quality lithium hydroxide monohydrate (“LHM”). Operating costs are estimated at $2,599 per ton of battery-quality lithium hydroxide with an AACE Class 5 Total CAPEX estimate of $870 million including conservative 25% contingency of direct capital costs. In addition, the SW Arkansas Lithium Project PEA lithium brine resource has been updated in regards to the potential unitized area of production, with an increased total global in-situ resource of 1,195,000 tons lithium carbonate equivalent (“LCE”) at the inferred category. “The completion of this PEA for the SWA Lithium Project is an important milestone for Standard Lithium as it begins to showcase the significant potential that is present within the Smackover Formation in southwestern Arkansas,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “The ability to showcase this PEA and highlight these attractive project fundamentals is based on the many tens-of-thousands of hours that the broader Standard Lithium team has spent over the past few years proving and derisking our lithium extraction technology at pre-commercial scales. It is because of our large-scale technology proof that we can hope to deploy it, in the future, on our other assets in the region. The attractive potential economics from this PEA support continued effort to derisk and advance the SWA project in parallel with the company’s immediate focus, which is to deliver the first new lithium production facility in North America at the Lanxess facilities.” To view the full press release, visit https://ibn.fm/4xdHt About Standard Lithium Ltd. Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from more than 150,000 acres of permitted brine operations. The company has commissioned its first-of-a-kind, industrial-scale direct lithium extraction demonstration plant at Lanxess’s south plant facility in southern Arkansas. The demonstration plant utilizes the company’s proprietary LiSTR technology to selectively extract lithium from Lanxess’s tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. 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 is also pursuing the resource development of more than 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com. NOTE TO INVESTORS: The latest news and updates relating to SLI are available in the company’s newsroom at https://ibn.fm/SLI About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement. With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork. Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW) 8033 Sunset Blvd Suite 1037-IW Los Angeles, CA 90046 310.299.1717 Office www.InvestorWire.com Editor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork.
Standard Lithium (TSX.V: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project-development company, has released the results of a preliminary economic assessment (“PEA”) on its South-West Arkansas (“SWA”) lithium project. Highlights of the report include pretax $2.83 billion NPV at 8% discount rate and IRR of 40.5% as well as after-tax $1.97 billion NPV at 8% discount rate and IRR of 32.1%. The company also noted that the assessment reported a 20-year mine-life producing an average of 30,000 tons per year of battery-quality lithium hydroxide monohydrate (“LHM”). Operating costs are estimated at $2,599 per ton of battery-quality lithium hydroxide with an AACE Class 5 Total CAPEX estimate of $870 million including conservative 25% contingency of direct capital costs. In addition, the SW Arkansas Lithium Project PEA lithium brine resource has been updated in regards to the potential unitized area of production, with an increased total global in-situ resource of 1,195,000 tons lithium carbonate equivalent (“LCE”) at the inferred category. “The completion of this PEA for the SWA Lithium Project is an important milestone for Standard Lithium as it begins to showcase the significant potential that is present within the Smackover Formation in southwestern Arkansas,” said Standard Lithium president and COO Dr. Andy Robinson in the press release. “The ability to showcase this PEA and highlight these attractive project fundamentals is based on the many tens-of-thousands of hours that the broader Standard Lithium team has spent over the past few years proving and derisking our lithium extraction technology at pre-commercial scales. It is because of our large-scale technology proof that we can hope to deploy it, in the future, on our other assets in the region. The attractive potential economics from this PEA support continued effort to derisk and advance the SWA project in parallel with the company’s immediate focus, which is to deliver the first new lithium production facility in North America at the Lanxess facilities.” To view the full press release, visit https://ibn.fm/4xdHt About Standard Lithium Ltd. Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from more than 150,000 acres of permitted brine operations. The company has commissioned its first-of-a-kind, industrial-scale direct lithium extraction demonstration plant at Lanxess’s south plant facility in southern Arkansas. The demonstration plant utilizes the company’s proprietary LiSTR technology to selectively extract lithium from Lanxess’s tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. 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 is also pursuing the resource development of more than 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com. NOTE TO INVESTORS: The latest news and updates relating to SLI are available in the company’s newsroom at https://ibn.fm/SLI About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement. With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork. Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW) 8033 Sunset Blvd Suite 1037-IW Los Angeles, CA 90046 310.299.1717 Office www.InvestorWire.com Editor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork.
