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Be the first with the news that moves the market- Standard Lithium Limited (TSXV:SLL) has produced 99.9 per cent pure lithium in a trial program
- the company hopes to market the higher purity lithium to ion battery manufacturers
- The program was conducted at the University of British Columbia and uses Standard Lithium’s SiFT technology
- Standard Lithium is currently finalising IP protection and hopes to develop a pilot plant in South Arkansas
- Standard Lithium (SLL) was down 7.89 per cent, with shares trading at $0.70
Standard Lithium Limited (TSXV:SLL) has produced 99.9 per cent pure lithium in a trial program using its proprietary SiFT technology.
Known as three-nines lithium, the ultra-pure metal is highly coveted by lithium-ion battery manufacturers for its high efficiency.
The University of British Columbia worked with Standar Lithium’s SiFT technology to produce the higher grade metal. The SiFT process achieves this high grade by adding another phase in addition to traditional lithium purification.
The University and Standard Lithium developed the technology with a C$300,000 grant from Innovate BC. This government initiative funds entrepreneurial ventures in the province.
Dr. Andy Robinson, President and COO of Standard Lithium, believes this is the next step in lithium processing.
“This ongoing refinement of our SiFT crystallisation technology is emblematic of Standard Lithium’s drive to bring lithium chemical processing into the 21st Century.
The combination of the Company’s SiFT and LiSTR technologies will provide a new platform for the production of battery quality lithium compounds for current and next generation lithium-ion batteries,” he said.
The company stated its currently finalising IP protection and is hoping to to develop a pilot site for the program soon.
The pilot plant will be built on the company’s Arkansas Smackover. Standard Lithium’s The Lanxx Project nearby is estimated to hold 3.14 million tonnes lithium carbonate equivalent.
The company stated that Arkansas has a very high lithium resources potential. As a result, building the pilot plant here wouldn’t just benefit their own projects, but also centres the site around other ongoing lithium projects.
Standard Lithium (SLL) was down 7.89 per cent, with shares trading for $0.70 at 5.33pm EST
