On October 30, Standard Lithium Ltd. (TSXV: SLL) (OTCQX: STLHF) obtained a C$5 million five-year loan, at just 3% interest from strategic partner Lanxess. How much revenue (net to Standard Lithium) might be possible upon achievement of phases 1 and 2? Standard Lithium Ltd (CVE: SLL) (OTCQX: STLHF) (FRA: S5L) is an innovative technology and lithium development company operating out of El Dorado, Arkansas and Vancouver, Canada. Southern brine plant at the Lanxess project in Arkansas. The project is located in El Dorado, where Standard Lithium already has over 150,000 acres of permitted brine operations named the Smackover Formation. Lithium producers trading on average at 7.5x Revenue. On February 26, 2020, the company announced that an ongoing capital raise, intended to raise C$6M, was closed at … Therefore, the pro forma Enterprise Value (EV) [market cap + debt – cash] with shares currently at C 0.91 is about C$82 million. The Company is also pursuing the resource development of over … Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. Streetwise Reports Disclosure: This month, Standard Lithium Ltd. (SLL:TSX.V; STLHF:OTCQX) is targeted to switch on a relatively large-scale, proof-of-concept lithium extraction Demonstration Plant in southern Arkansas. Standard Lithium said it paid an initial $3m reservation fee to Lanxess to secure access to the tail brine, with additional fees and obligations in the future subject to certain conditions. Learn more about Fastmarkets’ lithium pricing methodology and read the latest lithium price spotlight here. First Cobalt, Last Man Standing in North American Cobalt Sector Source: Peter Epstein for Streetwise Reports (09/05/2019). A.I.S. If true, the company is pretty far along in having meaningfully de-risked the project. Standard Lithium has partnered with global specialty company LANXESS. By signing up to this free newsletter you agree to receive occasional emails from us informing you about our products and services. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. At the time this interview was posted, Peter Epstein owned shares of Standard Lithium, and the Company was an advertiser on [ER]. Finished lithium products will be used internally for testing, and, more importantly, will provide Lanxess proof of concept for its final investment decision. Then, management believes a final JV agreement with Lanxess Corp. will be signed. When fully commissioned, the DP will continuously process an input "tail-brine" flow of ~50 gallons per minute. [ER] is not directly employed by any company, group, organization, party or person. LANXESS expects initial findings with regard to … They’ve developed a proprietary direct lithium extraction (DLE) technology and plan to use it to extract lithium from waste brine left over from Lanxess’s bromine operations. The facility is purpose-built to be scaled-up to commercial design capacity of 9,700 tonnes LCE/year in phase 1 production, targeted to start in 2022, and be fully ramped up in 2023. An agreement with Glencore enabling advancement of recommissioning and expansion plans for the junior's cobalt refinery makes First Cobalt a good bet for investors, according to Peter Epstein of Epstein Research. Standard Lithium said Tuesday that it has completed a successful start-up of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility near El Dorado. VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: … Standard Lithium installed a direct lithium extraction demonstration plant at Lanxess’ South Plant facility in southern Arkansas in December 2019. At a 5x EV/2024 revenue multiple—on revenue from selling lithium @ US$12,000/tonne—the indicative per-share value discounted back four years is C$2.45. Standard Lithium Arranges C$5 Million Convertible Loan Financing Source: The Critical Investor for Streetwise Reports (11/05/2019). Under the proposed terms of the joint venture, Lanxess would contribute lithium extraction rights and grant access to its existing infrastructure to the joint venture. 2) The following companies mentioned in the article are billboard sponsors of Streetwise Reports: None. /images/sites/846/navigation-images/prices/nav-apex.png was removed, /images/sites/846/navigation-images/prices/nav-price-feeds.png was removed, Please enter at least one recipients email address, Please enter at least one recipients name, German crude steel production grows 10.7% in December, WV Stahl says, Fastmarkets assessed the battery-grade lithium carbonate price, {{article|snippet:'title'|removeHtmlTags}}, IN CASE YOU MISSED IT: 5 key stories from January 21, IN CASE YOU MISSED IT: 5 key stories from January 20, IN CASE YOU MISSED IT: 5 key stories from January 19, IN CASE YOU MISSED IT: 5 key stories from January 18, Modern Slavery Act Transparency Statement. Streetwise Reports is registered with the U.S. Patent and Trademark Office. Several in Argentina were expected to reach first production in 2021 or 2022. Standard Lithium is working with LANXESS in a phased approach as per terms of a binding memorandum of understanding, to develop commercial opportunities related … Fastmarkets assessed the battery-grade lithium carbonate price at $13-15 per kg, on a delivered duty-paid basis to Europe and the United States on Thursday November 8, unmoved from last week. Click here for important disclosures about sponsor fees. LANXESS is therefore combining its business activities in this area to support a group wide initiative for e-mobility. Peter Epstein of Epstein Research profiles a company that is reinventing itself as moderately diversified battery metals company. Please see the press release for further details. The direct lithium extraction demonstration plant is expected to produce up to 150 tonnes of lithium a … The DP is assembled on-site; commissioning started in December. We're doing sophisticated chemistry to produce a chemical that goes into batteries. Prices for lithium, a key metal used in the production of batteries, soared amid a demand shock while the drive to electrify transportation gathered pace. Standard Lithium and global specialty chemical company Lanxess AG have signed both a binding Memorandum of Understanding (MOU) and a general Joint Venture (JV) term sheet agreement for a contemplated commercial production of battery-grade lithium compounds from brine extracted from the Smackover Formation in south Arkansas. Dp showcases Standard 's interest standard lithium lanxess the project management will be tweaking the DP, out! Trucks on the plant premises and commissioned at the time of announcement ) of bromine products in Dorado! 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