NetworkNewsWire Announces Publication on Factors Impacting Global Lithium Demand
New York, New York--(Newsfile Corp. - January 12, 2018) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSXV: SLL) (FSE: S5L) (OTCQX: STLHF), a client of NNW that is building one of the largest portfolios of high quality, domestic U.S. lithium brine assets.
The publication, titled, "Trump's Recent Executive Order Could Boost Lithium Supply in the U.S.," reviews potential for lithium suppliers in light of the U.S. government's new policy to expand lithium production.
To view the full publication, visit: https://www.networknewswire.com/trumps-recent-executive-order-boost-lithium-supply-u-s/
Based in Vancouver, B.C., Standard Lithium stands out as a premier lithium developer focused on the production of high-quality lithium at a low cost. The company is engaged in unlocking the value of large-scale lithium brine resources that are already in existence in the United States and can be quickly brought into production.
Standard Lithium recently announced the expansion of the lithium brine project at its Bristol Dry Lake property in California's Mojave Desert, where six new evaporation ponds have been installed (http://nnw.fm/9LBwK). The company is taking advantage of record-high evaporation rates in this region to pre-concentrate brines produced from the project, which will then be shipped to its testing and processing facilities at three North American campuses.
The company has additionally entered into an agreement to explore highly promising brines covering an area of about 30,000 acres in the Smackover Formation, which extends across Texas, Arkansas and Louisiana. This presents a low-risk investment with promising potential returns in a region with well-understood geology that further has a lengthy history of brine production and infrastructure for profitable mineral extraction. In historical analysis of the Arkansas Smackover Formation, a lithium content of 365mg/l was shown.
About Standard Lithium
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 its 33,000 acres of lithium brine leases located in the Smackover Formation.
For more information, visit the company's website at www.StandardLithium.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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