Standard Lithium drills highest grade lithium brine in North America

Standard Lithium announced it has drilled and sampled, to the best of its knowledge, a new highest confirmed lithium grade brine in North America, with a grade of 663 mg/L lithium. The results reflect lithium sample analyses from a newly drilled well from the company’s expansion work in the East Texas Smackover region. The Smackover Formation represents North America’s lithium brine asset with grades comparable to certain resources in South America.Results for the Phase 1A project in El Dorado, Arkansas, show a target production of 5,400 tons per annum of battery quality lithium carbonate over a 25-year operating life, with an average lithium grade of 217 mg/L. The Preliminary Feasibility Study for the company’s South West Arkansas Project outlines plans for at least 30,000 tpa of battery quality lithium hydroxide over a 20-year operating life, with an average reported lithium grade of 437 mg/L. Lithium grades in the company’s projects indicate an increasing trend moving westward from Phase 1A to the South West Arkansas Project and finally, into East Texas.