As demand increases and utilities around the globe employ lithium batteries on micro and macro levels, Standard Lithium. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is planning to unlock value from overlooked U.S. assets. A recent article highlights the company’s aim to apply new processes and technologies in leveraging its extensive California assets and others in the U.S., indicating, “The company is also exploring for lithium in the Smackover Formation, which extends through Texas, Arkansas and Louisiana, and has produced billions of barrels of brines over the last 80 years from an extensive and extremely well-characterized aquifer.”
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About Standard Lithium Ltd.
Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills. The company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities. The company is also commencing resource evaluation on 33,000 acres of brine leases located in the Smackover Formation. For more information, visit http://nnw.fm/standardlithium.
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