ENERGY MINERALS

Standard Lithium ships first lithium chloride

US lithium hopeful making solid progress on processing.

Staff reporter
Standard Lithium's Lanxess plant in southern Arkansas, United States

Standard Lithium's Lanxess plant in southern Arkansas, United States

The US lithium brine hopeful produced the material from a demonstration plant which is being used for proof of concept and feasibility studies, with a commercial plant to follow.

Standard is trialling two methods of carbonate conversion, which meant splitting the 20,000-litre shipment between an unspecified vendor in Illinois and Standard's pilot processing plant in British Columbia.

Andy Robinson, president and COO of Standard Lithium, said it was a "very exciting time" for the company "because we're approaching the point where we can demonstrate the continuous extraction of lithium from smackover brine and conversion into battery-quality material".

Shares in the TSX-listed firm were trading at just over C$1.30 on Wednesday afternoon, capitalising the company at C$119.72 million.

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