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Lanxess Project; the Rise of Standard Lithium Ltd (CVE: SLL) (OTCQX: STLHF) (FRA: S5L)

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Standard Lithium Ltd (CVE: SLL) (OTCQX: STLHF) (FRA: S5L) is making a poweful move up the charts in recent month as the Company commences operations at its flagship 150,000 acre, 3.14 Million Tonne Lithium Carbonate Equivalent (“LCE”) resource Joint Venture** “Lanxess Project” is located minutes away from the city of El Dorado, Arkansas. Planning for the project’s phased commercial development – with a target initial annual production of 20,900 tonnes of battery-quality lithium chemicals, roughly five times the current domestic production – is currently underway. The Company is led by CEO Robert Mintak who was recently a featured guest on Fox Business Networks Mornings with Maria Bartiromo.

According to a report from GrandViewResearch the global lithium-ion battery market size was valued at USD $32.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 13.0% from 2020 to 2027. The growth of the market is attributed to the growing demand for the lithium-ion battery in Electric Vehicles (EVs) and grid storage as it offers high-energy density solutions and lightweight. Expanding off-grid installations in the U.S., India, China, and Germany, along with the growing acceptance of Li-ion batteries in equipment used in the medical sector, is expected to encourage the market for lithium-ion battery over the forecast period.

Standard Lithium Ltd (CVE: SLL) (OTCQX: STLHF) (FRA: S5L) is an innovative technology and lithium development company operating out of El Dorado, Arkansas and Vancouver, Canada. Standard Lithium is leading a new wave of U.S. lithium production. Utilizing proprietary advanced processing technologies and strategic partnerships, the company believes new lithium production can be achieved quickly and more cost effectively. Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the OTC – Nasdaq Intl Designation under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”.

The Company’s flagship 150,000 acre, 3.14 Million Tonne Lithium Carbonate Equivalent (“LCE”) resource Joint Venture** “Lanxess Project” is located minutes away from the city of El Dorado, Arkansas. Planning for the project’s phased commercial development – with a target initial annual production of 20,900 tonnes of battery-quality lithium chemicals, roughly five times the current domestic production – is currently underway. The Company recently marked the official commencement of operations at the Company’s Arkansas LiSTR Direct Lithium Extraction facility.

Standard Lithium’s patent-pending direct lithium extraction process is the key to unlocking this strategic domestic critical mineral resource. The direct extraction process, known as “LiSTR” has the potential to vastly reduce the recovery time of extracting lithium from brine from as long as a year for conventional evaporation pond processing to just several hours. The process may also prove to be much more environmentally friendly with a significantly smaller footprint – compared to the conventional evaporation pond processes.

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STLHF

Standard Lithium’s other project is its 45,000-acre Bristol and Cadiz Dry Lake lithium brine project located in the Mojave Desert, San Bernardino County, California. One of the most arid places in the world. Two permitted brine processing companies have operated in the region for decades, producing industrial minerals from the near surface brines. Standard Lithium has option agreements with both operators (NYSE listed Tetra Technologies, and privately held National Chloride) for the exploration of and commercial development rights for lithium.

El Dorado is headquarters of the Arkansas Oil and Gas Commission as well as Murphy Oil, Murphy USA, Deltic Timber Corporation and a Delek US oil refinery. El Dorado is located approximately 120 miles (190 km) from the state capital of Little Rock. The city was the heart of the 1920s Arkansas oil boom. The region is home to North America’s largest brine production and processing facilities.

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Currently making a poweful move northbound Standard Lithium is an exciting story developing in small caps; the Company recently commenced operations at its flagship 150,000 acre, 3.14 Million Tonne Lithium Carbonate Equivalent (“LCE”) resource Joint Venture** “Lanxess Project” is located minutes away from the city of El Dorado, Arkansas. Planning for the project’s phased commercial development – with a target initial annual production of 20,900 tonnes of battery-quality lithium chemicals, roughly five times the current domestic production – is currently underway. The Company is led by CEO Robert Mintak who was recently a featured guest on Fox Business Networks Mornings with Maria Bartiromo. vAccording to a report from GrandViewResearch the global lithium-ion battery market size was valued at USD $32.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 13.0% from 2020 to 2027. We will be updating on Standard Lithium when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with Standard Lithium.

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Disclosure: we hold no position in Standard Lithium either long or short and we have not been compensated for this article.

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