Standard Lithium Initiates Arkansas Carbon Capture Project
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STANDARD LITHIUM INITIATES ARKANSAS CARBON CAPTURE PROJECT
HIGHLIGHTS
• Objective to minimize CO2 emissions from future operations and related supply-chain activities
• Regionally sourced CO2 may be utilized to optimize the flowsheet, reduce reagent costs, as well
as potential sequestration
• Aligns with recent White House Carbon Capture, Utilization and Sequestration announcement
• Aims to make the Gulf Coast region an industry leading producer of sustainable lithium
chemicals
El Dorado, Arkansas – September 14th, 2021 – Standard Lithium Ltd. (“Standard Lithium” or the
“Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L) , an innovative technology and lithium
project development company , announced that it is undertaking a pilot project in southern Arkansas to
test a novel carbon capture technology. The pilot project will be undertaken in collaboration with the
owner of the technology, Aqualung Carbon Capture AS (“Aqualung”), and will be i nstalled at a natural
gas processing site in southern Arkansas owned and operated by Mission Creek Resources LLC
(“Mission Creek”).
Standard Lithium ’s ongoing operations lead the industry in advancing sustainability and circular
economy. By funding this project, Standard seeks to build on its science-based strategy for sustainable
development and continuous improvement at its Arkansas lithium project s. The Company is focused on
minimizing all CO 2 emissions that may result from its future operations and related supply-chain
activities. The Company has identified several areas where CO 2-rich gas streams may be used to
optimize its process and reduce reagent costs, as well as potentially sequester CO2.
Dr. Andy Robinson, President and COO of S tandard Lithium commented “ we are very pleased to be
working in partnership with Aqualung and Mission Creek on this exciting project; the future of the
lithium industry rests on being able to produce sustainable battery -quality chemicals with the lowest
carbon footprint in jurisdictions where their production is wanted and needed. We feel that successful
proof of this carbon capture technology in Southern Arkansas may demonstrate an other important
technological step towards making the Gulf Coast region an industry-leading producer of sustainable
lithium chemicals.”
Standard Lithium’s current and planned expansion of its production of a key battery metal advances the
U.S. goal to “secure an end-to-end domestic supply chain for advanced batteries ”, as well as support the
“sustainable domestic production and processing of critical minerals ”. Today’s announced pilot project
builds on and aligns with the White House’s Carbon Capture, Utilization and Sequestration (CCUS)
announcement on June 30, 2021, which seek s to develop and deploy CCUS technologies to improve
industrial processes.
Aqualung, a Norwegian technology company, is the sole license owner of the patent -protected
technology, which was developed by the Norwegian University of Science and Technology (“N TNU”),
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and results from over 20 years of research at NTNU into membrane separation of gasses. The technology
is based on a membrane system that selectively extracts CO 2 from a wide range of CO 2 sources emitted
by hydrocarbon -burning energy sources . It produces a high purity CO2 gas stream that can either be
sequestered or reused. The technology has been successfully piloted in Europe, where it has been shown
to effectively extract CO2 from carbon gas streams.
Erik Mathiesen, CEO of Aqualung carbon cap ture, commented “We are very pleased to partner up with
Standard Lithium and Mission Creek on this important pilot project. Aqualung seeks to take an active
role in the industrial energy transition with our high -performing, low cost, light footprint all-natural
process for capturing CO2. This project will prove the unique second-generation membrane technology’s
contribution within an important business area in the circular economy.”
The pilot project will be located at Mission Creek’s Dorcheat Macedon ia facility and will take a
slipstream of flue gas for processing through the Aqualung pilot unit . The resulting concentrated CO2
stream will be utilized in Standard Lithium ’s ongoing R&D activities to investigate the utilization of
southern Arkansas sourced CO 2 for process and reagent optimization. Manufacturing of the pilot unit is
expected to begin in Q4 2021, and, pending permitting and finalizing of other agreements, to be installed
at the project site in Q1/2 2022.
About Standard Lithium Ltd.
Standard Lithium is an innovative technology and lithium development company. The company's flagship
project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial
viability of lithium extrac tion from over 150,000 acres of permitted brine operations. The company has
commissioned its first-of-a-kind industrial-scale direct lithium extraction demonstration plant at Lanxess's
south plant facility in southern Arkansas. The demonstration plant util izes the company's proprietary
LiSTR technology to selectively extract lithium from Lanxess's tail brine. The demonstration plant is
being used for proof -of-concept and commercial feasibility studies. The scalable, environmentally
friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours
and greatly increases the effective recovery of lithium. The company is also pursuing the resource
development of over 30,000 acres of separate brine leases located in southweste rn Arkansas and
approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino county,
California.
Standard Lithium is jointly listed on the TSX Venture and the NYSE American Exchanges under the
trading symbol “SL I”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the
Company’s website at www.standardlithium.com.
On behalf of the Board of Standard Lithium Ltd.
Robert Mintak, CEO & Director
For further information, contact Anthony Alvaro at (604) 240 4793
Twitter @standardlithium
LinkedIn https://www.linkedin.com/company/standard-lithium/
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