NetworkNewsAudio Announces Audio Press Release (APR) on Standard Lithium Ltd.'s Innovative Extraction Approach May Offer Significant Breakthrough
New York, New York--(Newsfile Corp. - September 20, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "New Automakers Emerge as Electric Vehicle Revolution Rages On," featuring Standard Lithium Ltd. (TSXV: SLL) (FRA: S5L) (OTCQX: STLHF).
To hear the NetworkNewsAudio version, visit: http://nnw.fm/0QCec
To read the full editorial, visit: http://nnw.fm/i7eRr
Standard Lithium's innovative approach to lithium extraction could be a significant breakthrough for the company. The majority of lithium supplies are currently found in the "lithium triangle" of Bolivia, Argentina and Chile, but the Smackover Formation represents a new opportunity for those capable of perfecting this new technology.
The unusual feature about the Smackover, Arkansas, lithium brines is that they are already being extracted from the ground by giant chemical producers including Albemarle and German producers Lanxess AG and Tetra Technologies. The chemical industry extracts about 9.4 billion U.S. gallons of brine per year and is the world's largest supplier of bromine to industries around the world. Currently, Albemarle and Lanxess extract the bromine and discard the leftover residue, including the lithium. That lithium resource has been indicated as one of the world's biggest, according to the U.S. Geological Survey.
About Standard Lithium Ltd.
The Company's flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilizing the Company's proprietary selective extraction technology. The Company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. Standard Lithium is listed on the TSX Venture under the trading symbol "SLL"; quoted on the OTCQX under the symbol "STLHF"; and on the Frankfurt Stock Exchange under the symbol "S5L". For more information, visit the company's website at www.StandardLithium.com
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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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