NEW YORK, Jan. 11, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSX.V:SLL) (FRA:S5L) (OTCQX:STLHF), a client of NNW 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 the potential for lithium supply companies as the country ramps up for increased domestic production and reduced foreign dependence.
To view the full publication, visit: https://www.networknewswire.com/trumps-recent-executive-order-boost-lithium-supply-u-s/
Lithium companies like Standard Lithium Ltd. (TSX.V:SLL) (FRA:S5L) (OTCQX:STLHF) are wasting no time to get operations in order to potentially cash in on this EV-driven lithium boom and embrace the U.S. government’s new policy to expand lithium 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.
Standard Lithium has forged agreements with National Chloride Corporation of America and TETRA Technologies (NYSE: TTI), two of the established brine producers in this region, to explore and develop the area for potential lithium production. Under the agreements, the company can conduct exploration, brine sampling, extraction, evaporation and process testing.
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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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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