Opportunity From Increased Lithium Demands
The increased demand for lithium lead opportunity to novel lithium extraction methods.
Standard Lithium made to unlock the value of existing US based lithium resources. Our company is bringing new lithium production soon. This is minimizing the project risks at selection stage. Our Company is currently focused on the exploration and development of the Bristol Dry Lake Lithium Project. Its location is in the Mojave region of San Bernardino County, California. Moreover, the location has different infrastructure in-place. It has easy road and rail access. On the other hand, this location has abundant electricity and water sources.
Additionally, our Company is also working on resource evaluation on 30,000+ acres. It is located in the Smackover Formation in southern Arkansas. In January 2018, our company entered into an Option Agreement with NYSE-listed (Newyork Stock Exchange) TETRA Technologies. This agreement is to get the rights to conduct exploration, production and extraction on 33,000 acres. The location of the company is near the Smackover Formation in southern Arkansas. This area is known to be highly productive. The Smackover deposit may be one of the lithium industry’s most promising regions to develop. This gives the potential resource size and existing large-scale production infrastructure. In this include active large-scale brine extraction, processing, and brine re-injection facilities.
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