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STANDARD LITHIUM ANNOUNCES US$100 MILLION DIRECT INVESTMENT FROM KOCH STRATEGIC PLATFORMS
November 24, 2021 – Vancouver, BC – Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), an innovative technology and lithium project development company, today announced that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, will make a US$100 million investment in Standard Lithium through a direct private placement to support the Company’s strategic development goals.
Key Points:
US$100 million direct private placement (the “Direct Investment”);
Standard Lithium to issue 13,480,083 common shares (“Common Shares”) of the Company at a price of CDN$9.43 (US$7.42) per Common Share;
Direct Investment follows extensive due diligence into Standard Lithium’s LiSTR DLE technology, Demonstration Plant and project development objectives; and,
Parties to explore opportunities to work with several Koch Industries subsidiaries in key areas of alignment with Standard Lithium’s project development needs (the “Strategic Opportunities”).
Another Geothermal heat and lithium brine operation in the US starts drilling at Salton Sands.
There are brine operations being developed across several locations in the US & Canada. Surely they cannot all be chasing a rainbow with a pot of gold ?
Standard Lithium are the most advanced and will be first to market.
https://batteriesnews.com/ctr-drill-program-hells-kitchen-lithium-power/
Hi MO
That’s a lot of information.. you’ve been very busy.
It’s easy to wobble particularly when you see a big drop and …some one / company / or institute is desperate to kick these new and small companies what are disrupting the big boys!!
Am tempted to load up a bit more on E3 and maybe SLI- though I did take my stake in SLI off the table when it trebled!!
Imho after half a day of deep research SLI even with the value at US$15.00 is still a buy.
True value in brines ?
Imho E3 with Alberta creating a lithium hydrogen hub. Currently with double the lithium carbonate PEA and that will increase from 8 million tons stated by their report.
At US$2.80-3.00 a share and only 10-12 months behind SLI the true value resides there imho.
THIS IS NOT FINANCIAL ADVICE. DO NOT LISTEN TO ME. PLEASE DO YOUR OWN RESEARCH and dont get fleeced by the sharks in this world !
Good luck where ever you chose to put your money.
Current new technology in DLE provides automatic simultanious removal of sodium, magnesium, pottasium with a specific extraction of lithium ions.
Capacity increases by 1.5x
Power costs are reduced by 30%
Zero Emmissions - Chlorine Gas is collected and used as a reagent for free.
Overall costs reduced by 10% currently.
SiFT extraction rates increased by 100%.
How do you like those apples then ?
Doesn't sound like "quack quack ooops - nil points"
So to STELLANTIS ( who have just signed a 6 year lithium take off deal with lithium brine producer VULCAN RESOURCES for 23,000-30,000tpa Lithium Hydroxide ) ( seems VULCAN can process lithium from brine nargh must be bonkers to think a German company has cracked getting lithium out of brine from 5km down ??? Wacko's. )
Stellantis in the US have signed a deal with LG ENERGY. In Detroit , July 26th 2021, it was stated that BOTH STELLANTIS & LG were to open up 1 US BATTERY FACTORY in Q2 2022. Hmmm aren't SALTIGO ( Laxness ) opening a German / European factory full battery / mobility chain in Q2 2022 ? Hmmm how odd?
The 1st factory for STELLANTIS / LG WILL be in the US. 40 GIGAWATT Hour plant per year.
Battery factory No2 is being discussed for Canada BUT if discussions do not work out they will open a 2nd battery factory in the US.
LAXNESS have 100% OFFTAKE from El Dorado. Stellantis who have signed an MoU with Standard Lithium / Laxness are the same guys who have done the take off deal with VULCAN brines. Simply and quietly Stellantis have set up a starting deal with Laxness who own the full 100% lithium supply.
Maybe , Laxness need to supply LiLF6 to LG / STELLANTIS and other chemicals inorder to complete the deal and are just finalising further plant and processing ? I don't know, but I do know that Standard Lithium have produced at pilot 99.8% battery grade Lithium Carbonate for Laxness.
Interestingly - watch the California licence that Standard Lithium has .... West Coast supply hub to counter Canadian West Coast Hub ?
Certainly puts Standard Lithium right centre of lithium production chains in Southern US ?
One final point on Arkansas Smackover Brines.
Companies have been processing bromine in El Dorado for decades. They had to overcome the filtration question back in 1957 and 60+ years later are doing 5 BILLION GALLONS if brine processing per year !
Question, how do they know that there are different levels of lithium or bromine in the aquifer ? How do they cope with low bromine levels ? Same applys for lithium.
2 processes are being tested.
1 - SiFT Selective Ion Filtration Technology to get lithium to a crystalised state.
2 - Classic lithium carbonate circut so lithium carbonate can still be created.
How do they know as a stated fact if you look through all the Laxness Arkansas fillings and not just the selective files put out by Blue Orca, that SiFT creates large volumes of Chlorine gas ? Hmmm. Didn't think the process worked ?
Why keep at it then ? Laxness could bin it ?
Well as weird a problem it is LAXNESS FOUND ADDING THOSE LARGE VOLUMES OF CHLORINE GAS otherwise known as a BROMINE REAGENT , the whole process of making Bromine in the Smackover brines is made so much cheaper through SiFT and the creation of BULK & FREE REAGENT for MILLIONS of gallons if bromine ! Soooo is this one extremely cash influenced reason why Laxness want SiFT ? bonkers idea again .... NOT.
So SALTIGO ( LAXNESS ) Germany abd lithium battery factory and technology ?
Back to LAXNESS , Leverkusen.
Laxness are creating that total battery chain AND EV MOBILITY model in Central Europe.
Laxness provide make DURETHA. & POCAN for EV powertrains directly being used in next generation covers, plugs, housing units, cell holders and coolant lines.
Laxness make BAYOXIDE E B IRON OXIDE LPF.
Laxness make RHENOFIT CNT-4 CARBON NANO tubes for next generation CATHODES & ANODES vastly increasing charging speeds for each battery.
Laxness are 100% in to LiPF6 in a huge way.
Laxness want a FULL BATTERY CHAIN that they can control virtually all aspects of chemical production for next generation mobility. They are actively doing this with the help of GUANGZHOU TINCI MATERIALS.
That covers where Laxness are at in Europe. Building very quietly a Chinese backed battery factory.
GUANGZHOU TINCI already have 3 producing battery factories in China and cannot forefill demand. They were desperate to expand and they have now entered the EU market. Building starts in Germany Q2 2022.
Doesn't sound like Laxness / SALTIGO are holding back or likely to suffer fools. Christ they are now in bed with the Chinese and you certainly don't f about with them !
So ask yourself this question. Why buy up options 18 months early in Standard Lithium if SLI and SiFT is so bad ? Why ? SLI only have 30%, wouldn't you just bin it off or bin SLI off ?
Would they tolerate a company who have now shown - BLUE ORCA kindly point out just how carp Standard Lithium are - and stick with them ?
I know what I know about the Chinese and big corporate America. They want the best at any cost.
Put them against eachother in a market that is going to go crazy .... They are losing ground to the big Canadian hubs of Quebec and just announced Alberta ex oil & gas and soon to be Lithium & Hydrogen hub on the WEST COAST of the CANADA / ASIA supply route.
Laxness, Leverkusen. They are about to open a battery factory IN Germany with GUANGZHOU TINCI MATERIALS using the Laxness owned SALTIGO.
Laxness IS creating a FULL BATTERY CHAIN with the lithium focus on LiPF6 Lithium Hexoflourophosphate electrolytes being one of their main focuses.
Laxness are on of the biggest companies in the world to supply Hydrofloric Acid & Phosphorous, needed for applications and with increased use to create not just LITHIUM CARBONATE, LITHIUM CHLORIDE, LITHIUM HYDROXIDE & LITHIUM PURE METAL. They see the flexibility of market price being one factor inwhich they can easily produce product with the best margins.
Laxness are specifically interested in LiFP6 as it also aids performance on battery grade CATHODE & CONDUCTIVE SALT.
Having looked at the complexity of the operations / flexibility , viability, modular and singular production in chemicals - lithium types in this case - I would think the FEED STOCK of Arkansas SmackoverbBrine system with at least 8 mt Lithium Carbonate , would by necesscity be transprocessed across multiple types of Lithium.
I suspect we are possibly at fault for thinking this is a simple extraction process to get Lithium Carbonate ? Maybe the fact that LAXNESS HAS 100% OF OFFTAKE will dictate quite what process is required once Lithium Carbonate has been produced ?
So there is a question. Why not just go for LC and leave it at that ? Well Standard Lithium's technical process , extraction and production of Lithium Carbonate at battery grade is , imho , with out question - they can and have done it.
Standard Lithium in the El Dorado project owned and ran by Laxness 70/30 split weighted in Laxness's favour does not mean that Standard Lithium has failed. I again am guessing but it would not surprise me if Laxness are covering 4 different markets within the lithium sector ( LC, Lith Hydrox, Lith Chloride & Lithium metal ) in Germany / Europe / China with SALTIGO ( LAXNESS ) supplying Tinci Metals , then maybe they are in discussions to supply roughly the same markets across America & CANADA ! ???
More to come with links to just why I believe SLI & Laxness are on to a winner. Just got to nip out.
https://www.fool.com/investing/2021/11/19/why-standard-lithium-stock-bounced-back-sharply-to/
1 - Filed recovery rates were a fraction of the PEA reported by SLI. Currently the plant is a demonstration plant and not a full production plant.
The rates of recovery will not match up during a test period when the demo plant is a set of modules being fine tuned for processing and not yet set up for full demo. The module for part of production was only shipped down from Canada - where it was functioning or why ship the damn thing down if it wasnt fully tested ?
2 - Lithium Chloride storage not at the levels expexted ? If the modular units of the demonplant are being set up and tweaked during September and October once the final part of the plant was shipped in, the only fluids being collected would be for testing. So back to recovery rates. When the initial pilot plant was set up , feed brine was sent up to Canada where it was processed and lithium carbonate at "above battery grade 99.8%" was achieved - constantly under test conditions, I see now no reason why a question over recovery rates is being brought up ?
Rates in grades are high and proven through using the exact bromine brines drilled and extracted from El Dorado.
Rates in production will not be at PEA levels after just finalising the last part of the demo plant.
3 - Storage of lithium chloride. As Standard Lithium clearly point out , there is no storage of brines due to the constant process used by SiFT. It is a constant flow of 50 gallons per MINUTE. It is not a stop start operation, it is a 24/7 7 days a week fully automated process. All current liquids are being pumped straight back in to the aquifer to retain aquifer water pressure.
The only time now with a full set up demo plant , liquid is stored is minimal and for testing. SLI do not now have to store gallons to ship off to Canada to get it processed to Lithium Carbonate, that modular part of the process is now in place and I am sure with any new facility and now being a fully set up lithium processing plant is being tested to fine tune the best run rates for more volume etc and yes still tweaking parts and monitoring who the units work, temps, flows, corrosion, leaks ? etc etc....
El Dorado plant was only fully installed in mid to late Sept. Give them a chance.
As for the final point :-
4 - The technology that Standard Lithium bring to Laxness's Bromine plants is not up to splitting out the lithium ions from the brine and impurities , well after 4 years , I would be very surprised that this was the failure?
Laxness and the El Dorado Smackover Brine Aquifer has been operational since 1957. Laxness had 3 plants extracting bromine at 5 BILLION GALLONS PER YEAR. Now call me a fool but I would think that Laxness ( Bayer Chemicals ) know how to do chemicals ?
As VIS has pointed out Cornish Lithium looked at a starting number of extraction DLE companies approx 70, then all the way down to 3-4 then spe
Both Coming under serious attack today…
LOS ANGELES, November 19, 2021--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Standard Lithium Ltd. ("Standard Lithium" or "the Company") (NYSE American: SLI) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Standard Lithium is the subject of a research report published by Blue Orca Capital on November 18, 2021. According to the report, the Company’s claims of 90% extraction rates of battery-grade lithium from its Arkansas sites are not supported by filings with state regulators. The report also claims that the Company’s claims of achieving "proof of concept" with extraction technology are false. The Company’s German joint venture partner reportedly says proof of concept has not been achieved and that "extraction is not fully there where we would like it to be." Based on this news, shares of Standard Lithium fell more than 23% in intraday trading on the same day
Hint , Arkansas bromine extracted and filtered for 60 years and some think Laxness chemicals units spun off from Bayer Chemicals Germany are not sure ?
Lol
Tyson Friday 7.43 "as most of these DLE guys will all effectively be doing the same thin........"
My understanding is that the DLE companies are doing it in many different ways, - of necessity perhaps as the brine in different parts of the world has very different chemical compositions. So I think there will be some winners and some losers.
One company - coming to the market in Q2 2022, Cornish Lithium- has looked into around 70 different methods of DLE, narrowed their testing down to about 20, and are now concentrating on 2 or 3 methods to decide which to use for LE from brine. As such it has not been tied to an in-house method or IP all of which may be an advantage.
£7k bought. Bought E3 too....will post my notes in 4-6 hours. Just havin break at work. My buys will indicate my feelings
Cheers MO.
Some one other than China needs to provide all this lithium.. let’s hope SLI, E3 et al are gonna be a big part of it.
Tyson vis , watch this space. ;-). Done most of my deep research but got to put it together in a form that covers a few links. Cogs within cogs within cogs.
Hope to get it done by tomorrow.
I never understand how they can “get away with it” if it’s not true.
Surely they are running a fine line legally?
F@ckers aren’t they. Money is power and they wield it unerringly. I hope the price doubles and they get burnt.
It is obviously a worry that E3 et al also get targeted however, if SLI can fight them off and as most of these DLE guys will all effectively be doing the same think I’m hoping (naively) they bugger off and annoy some other poor ( relatively) small Co.
Bullies imo
Standard Lithium 19th November 2021 GMT 14.30PM should be interesting to see public judgement !
The share price drop now could well present a very very good entry point after the company response to short sellers who will have now made quite a bit of money from their illgotten gains.
Blue Orca Capital should learn to read, they have lost mums and dads investments thousands £££ $$$$.
"The report contains numerous important inaccuracies and misunderstandings which Standard Lithium believes are misleading and clearly intended to benefit Blue Orca Capital, which itself has disclosed that it stands to profit in the event that the stock price of Standard Lithium declines. Standard Lithium cautions investors not to make decisions based on this report and instead strongly encourages them to consult credible and informed sources, including Standard Lithium’s filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission prior to making investment decisions."
Standard Lithium put Blue Orca to shame with quick robust retourt on how Blue Orca pirates raided SLI with a viscious short selling campaign with NO substance.
https://www.standardlithium.com/investors/news-events/press-releases/detail/101/standard-lithium-comments-on-short-seller-report
STANDARD LITHIUM put down Blue Orca's pathetic shorts raid on the company due to the fact Blue Orca cannot read reports properly. How embarrassing.
https://www.standardlithium.com/investors/news-events/press-releases/detail/101/standard-lithium-comments-on-short-seller-report
As my earlier points made about Standards progress from tests, to pilot, to moving a chunk of plant from Canada to US Arkansas to connect up and form the final large demo plant all fits and is now settled.
This is new technology thus these sharks who try and lose peoples money will now benefit from causing a 20+% drop in share price for no good reason.
Please do your own research here. This is NOT financial advice you could lose more yet if they hammer SLI for making them look stupid !!!
Tyson, weirdly enough vis from cusn posting warned me that there was some large shorts against VUL and raising coming it was at the time near highs ( lucky I had been taking slices just prior, but its now mirroring SLI down about 20%+.
It will be interesting to see if more short selling appears on other brine operations ?
Personally I think both are fine. VUL bought a shedload of land in the upper rhine so again why would they if brine lithium = '0'?
Non of it makes sense, but I have been in companies which get left field news that nobody sees coming and we take the hit.
My best guess is with E3 about to announce results - next to get shorted ? - , SLI production news over due and even CL & BL about to hit the market with brine news , this could all get put back in to play pretty quickly. Not overly worried but pain in the ass with the quick buck shorters. Best targets are single plays where a total disruptive question can be noted without real reply. Cusn have tin & copper as back up to the sp so anyone shorting them may come unstuck.
The question of modular also raises the question if it does not work why even mention modular format ?
SLI looking to sell the tech across the Arkansas basin so again they would be sued to kingdom come from here on in if they sold bad tech ? It is the US after all.
Anyway, i am at work tomorrow so will try and dig deep on Orca and dig around for these filings being mentioned that we know nothing about ?
Still NEL & ITM will crush the sector and for sure those ekectrolysers do work as they are selling them as they make them. No worries their other than expanding too fast, but both are or should I say look on the surface to be straight talking do the walkin' kind of companies who dont waffle about how good rhey are they just bring in the contracts.