{"id":2075348,"date":"2023-09-18T09:00:00","date_gmt":"2023-09-18T14:00:00","guid":{"rendered":"https:\/\/csengineermag.com\/?p=2075348"},"modified":"2023-09-18T09:00:00","modified_gmt":"2023-09-18T14:00:00","slug":"standard-lithium-acquires-large-parcel-of-land-for-south-west-arkansas-project","status":"publish","type":"post","link":"https:\/\/csengineermag.com\/standard-lithium-acquires-large-parcel-of-land-for-south-west-arkansas-project\/","title":{"rendered":"Standard Lithium Acquires Large Parcel of Land for South West Arkansas Project<\/strong>"},"content":{"rendered":"\n

EL DORADO, Ark. (GLOBE NEWSWIRE) —\u00a0Standard Lithium Ltd.<\/strong>\u00a0(\u201cStandard Lithium\u201d or the \u201cCompany\u201d) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced the acquisition of 118 acres of land intended to advance development of its South West Arkansas Project (\u201cSWA Project\u201d or the \u201cProject\u201d).<\/p>\n\n\n\n

Dr. Andy Robinson, President and COO of Standard Lithium, commented, \u201cThe land purchase demonstrates our commitment to advancing and de-risking the South West Arkansas Project. The land, which lies to the south west of the SWA Project\u2019s brine lease footprint, is ideally located close to a paved highway, robust regional infrastructure and a skilled workforce. This acquisition adds to our existing land options in the Project area and provides us with added design flexibility as we progress the Project to the Definitive Feasibility and FEED phase.\u201d<\/em><\/p>\n\n\n\n

Figure 1: Overview of South West Arkansas Project and Land Purchase<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The 118-acre parcel is located in Lafayette County, Arkansas near state highway 29 which historically has been used to access logging operations. A portion of the property has previously been logged and the remainder of the harvestable timber will be removed before the end of the year by the previous owner.<\/p>\n\n\n\n

Figure 2: 118-acre Land Purchase Bird\u2019s Eye View<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

About the South West Arkansas Project<\/strong><\/p>\n\n\n\n

The South West Arkansas Project is located approximately 15 miles west of the City of Magnolia in southwestern Arkansas. The SWA Project\u2019s Indicated and Inferred Mineral Resource of 1.4 Mt and 0.4 Mt lithium carbonate equivalent, respectively, has some of the highest reported lithium brine concentrations in North America, averaging above 400 mg\/L. The recently announced results of a Preliminary Feasibility Study demonstrate robust economics (<\/em>see press release dated 8 August 2023<\/em><\/a>)<\/em>, assuming production of at least 30,000 tonnes per year of battery-quality lithium hydroxide beginning in 2027. Currently, the Project contemplates 91 full-time equivalent employees upon reaching commercial production.<\/p>\n\n\n\n

The Company anticipates completing a FEED and Definitive Feasibility Study for the SWA Project in 2024 and beginning construction in 2025. The SWA Project is expected to reach commercial production in 2027, subject to continuing project definition, due diligence, project financing and receipt of future feasibility studies.<\/p>\n","protected":false},"excerpt":{"rendered":"

EL DORADO, Ark. (GLOBE NEWSWIRE) —\u00a0Standard Lithium Ltd.\u00a0(\u201cStandard Lithium\u201d or the \u201cCompany\u201d) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced the acquisition of 118 acres of land intended to advance development of its South West Arkansas Project (\u201cSWA Project\u201d or the \u201cProject\u201d). Dr. Andy Robinson, President and COO of Standard Lithium, commented, \u201cThe […]<\/p>\n","protected":false},"author":5017,"featured_media":2075353,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","footnotes":""},"categories":[2425,10618],"tags":[2294,51838,51839,301,51840,794,8814,51841,51842,19290,51843,51844,18853,50370,17673],"acf":[],"views":12,"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/csengineermag.com\/wp-content\/uploads\/2023\/09\/image-1.jpeg","_links":{"self":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/posts\/2075348"}],"collection":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/users\/5017"}],"replies":[{"embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/comments?post=2075348"}],"version-history":[{"count":0,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/posts\/2075348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/media\/2075353"}],"wp:attachment":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/media?parent=2075348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/categories?post=2075348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/tags?post=2075348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}