Smackover Lithium, a joint venture between Standard Lithium and Equinor, announced the filing of its Maiden Inferred Resource report for the Franklin Project in Texas. The project boasts 2,159,000 metric tonnes of lithium carbonate equivalent, 15,414,000 tonnes of potash, and 2,638,000 tonnes of bromide in 0.61 km3 of brine volume.

The project in East Texas showcases the largest lithium-in-brine grades in North America, with plans to produce over 100,000 tonnes of lithium chemicals per year through multiple phases. The JV aims to develop two more projects in East Texas, significantly expanding its portfolio area.

Next steps include refining aquifer characteristics, brine chemistry, and reserve forecasts through drilling appraisal wells and re-entering shut-in wells for a Preliminary Feasibility Study. Direct lithium extraction testing will also be conducted on the Project brine.

The Maiden Inferred Resource report is available for review on SEDAR+ and the Company’s website. The report highlights the significant size and quality of the Project’s brine position, setting the stage for future production goals and expansion in East Texas.

Standard Lithium, a leading lithium development company, focuses on sustainable, commercial-scale lithium production in the United States. The Company’s flagship projects are located in the Smackover Formation in Arkansas and Texas, with a strong emphasis on high-grade resources and efficient production processes.

Equinor, an international energy company, is committed to long-term value creation in a low-carbon future. The partnership with Standard Lithium to mature DLE projects aligns with Equinor’s ambition to become a net-zero energy company by 2050, emphasizing a diverse portfolio of energy solutions.

Investor inquiries can be directed to Daniel Rosen at +1 604 409 8154 or [email protected]. Media inquiries can be sent to [email protected]. For more information on Equinor in the US, visit their website.

This news release may contain forward-looking statements, subject to inherent risks and uncertainties. The Company does not intend to update these statements unless required by law. Standard Lithium trades on the TSXV and NYSE American under the symbol “SLI.”

Read more at GlobeNewswire: Smackover Lithium Files Maiden Inferred Resource for Its