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standard lithium lanxess

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. It's a high-end product." Peter Epstein of Epstein Research outlines the latest from this firm operating in Nevada, which is set to release a PFS in the fourth quarter. 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. The loan represents another important milestone and clear vote of confidence in Standard Lithium, the JV project in southern Arkansas, and a very impressive management and technical teams led by Robert Mintak and Dr. Andy Robinson. As readers of my articles and interviews know, there are a number of lithium brine projects in Argentina and Chile. The Critical Investor delves into a lithium company's financing and its implications. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. Standard Lithium is leading a new wave of U.S. lithium production. (Image courtesy of Standard Lithium). Finished lithium products will be used internally for testing, and, more importantly, will provide Lanxess proof of concept for its final investment decision. {{article|fields:'dates'|date:dateArticleFormat}}, ALL MATERIAL SUBJECT TO STRICTLY ENFORCED COPYRIGHT LAWS.© EUROMONEY GLOBAL LIMITED. With initial production at its Argentina project expected in 2022, Peter Epstein of Epstein Research believes the company could be an "excellent" bet when lithium prices rebound. 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. Lanxess would … Use of proceeds will further advance the company's Demonstration Plant (DP). The direct lithium extraction demonstration plant is expected to produce up to 150 tonnes of lithium a … The Company is also pursuing the resource development of over … Note, the current share price is C$0.91. The warrant strike price is C$1.20 (shares were at C$0.68 at the time of announcement). When fully commissioned, the DP will continuously process an input "tail-brine" flow of ~50 gallons per minute. Now might be a great time to be looking at lithium juniors, some of which could see a considerable bounce back in their share price along with lithium prices. 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. LANXESS expects initial findings with regard to … Standard Lithium Ltd.'s (TSXV:SLL) (OTC:STLHF) flagship LANXESS Project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilising the Company’s proprietary selective extraction technology. Standard Lithium installed a direct lithium extraction demonstration plant at Lanxess’ South Plant facility in southern Arkansas in December 2019. 2) The following companies mentioned in the article are billboard sponsors of Streetwise Reports: None. Details of pricing methodology changes or price corrections. Get a sample report here. Use ; to separate email addresses. It is assumed and agreed upon by readers that they will consult with their own licensed or registered financial advisors before making any investment decisions. That's an annualized production rate of 100–150 tonnes of LCE. Standard Lithium would contribute rights and leases held in the Smackover Formation and make Lanxess a joint venture partner in the pilot plant Standard Lithium is building in Canada and then planning to move to south Arkansas, Mintak said. Then, management believes a final JV agreement with Lanxess Corp. will be signed. .The key element is our growing partnership with German specialty chemicals giant Lanxess, a company with 73 chemical plants around the world employing tens of thousands. Remember, funding is the #1 challenge these days facing battery metals juniors. Near-term catalysts, most notably the operation of the DP, will provide ongoing news flow. Several in Argentina were expected to reach first production in 2021 or 2022. If Lanxess is willing to invest today, at PEA-stage, with dismal lithium market sentiment, I imagine they might be willing to invest again in 2020 or 2021. Lithium producers trading on average at 7.5x Revenue. Therefore, the pro forma Enterprise Value (EV) [market cap + debt – cash] with shares currently at C 0.91 is about C$82 million. You can enter a maximum of 5 recipients. All rights reserved. This is very important. All lithium carbonate, lithium hydroxide and lithium spodumene prices are available in our Battery Raw Materials Market Tracker. ", Significant vote of confidence in Standard Lithium's JV project. The waste water it usually sends back underground will instead first go through Standard Lithium’s extraction process co-located at a Lanxess production facility. The Company’s flagship LANXESS Project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilising the Company’s proprietary selective extraction technology. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. This is on top of Lanxess' expected commitment to line up 100% of project financing. The early-to-mid 2020s will be a very good time to be in production, a time when global demand for lithium could finally take off. Resources: A New Gold Prospect + Manganese Trading + Li Extraction Technology, Source: Peter Epstein for Streetwise Reports (12/11/2019), Standard Lithium Arranges C$5 Million Convertible Loan Financing, Source: The Critical Investor for Streetwise Reports (11/05/2019), PGE Projects in Brownfields of Montana and Yukon Raise Expectations for Junior Miner, Source: Maurice Jackson for Streetwise Reports (10/29/2019), Standard Lithium in Final Stages of De-risking New Recovery Method; Giant JV Partner Could Fully Fund Capex When Successful, Source: The Critical Investor for Streetwise Reports (09/25/2019), First Cobalt, Last Man Standing in North American Cobalt Sector, Source: Peter Epstein for Streetwise Reports (09/05/2019), Cypress Development Makes Lithium Flow Sheet Enhancements, Source: Peter Epstein for Streetwise Reports (09/04/2019), Lithium Explorer Advances Nevada Project, To Publish Prefeasibility Study in Q4/19, Standard Lithium Remains on Course to Production in 24–30 Months, Source: Peter Epstein for Streetwise Reports (08/29/2019). [ER] is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. About Standard Lithium Ltd. Eighteen months ago it was closer to 10x. All rights reserved. Standard Lithium Ltd.’s (TSXV:SLL) (OTC:STLHF) flagship LANXESS Project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilising the Company’s proprietary selective extraction technology. In working on a broad, indicative valuation range, I assume 20 million shares get issued between now and year-end for a pro forma total of ~117,500,000. Source: Peter Epstein for Streetwise Reports (01/22/2020), Drilling Confirms, Extends PGE Mineralization at Montana Project, A.I.S. Standard Lithium in Final Stages of De-risking New Recovery Method; Giant JV Partner Could Fully Fund Capex When Successful Source: The Critical Investor for Streetwise Reports (09/25/2019). The Company is also pursuing the resource development of over … By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. The bromine is extracted from the brine produced at the site, which also contains lithium. Get Fastmarkets MB's pricing data delivered directly to your spread sheet or integrated within your internal ERP/workflow. To bookmark a price click on the ‘Add to my saved prices’ icon in Price Book. Standard Lithium Remains on Course to Production in 24–30 Months Source: Peter Epstein for Streetwise Reports (08/29/2019). Streetwise Reports is registered with the U.S. Patent and Trademark Office. Standard Lithium’s plan is to start with what’s already there: in this case, bromine waste brine. For its part, Standard Lithium would contribute existing rights and leases held in the Smackover Formation and the pilot plant being developed on the property, as well as its proprietary extraction processes including all relevant intellectual property rights. Peter Epstein of Epstein Research does the math and reviews the details of an expected joint venture and the lithium market overall, and determines this company will benefit from the upsides. The industry is only going in one direction. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. Standard Lithium is currently up 2.35 per cent to $2.61 per share; Standard Lithium (LSS) has raised more than C$34.5 million to support ongoing work programs at its Lanxess Project in southern Arkansas. [ER] is not responsible under any circumstances for investment actions taken by the reader. I, of course, don't know where the share price is headed, but using this chart for illustrative purposes makes me feel pretty good about the possibilities. Lanxess … In addition, the amount of additional equity capital required to reach that critical point could be only C$20 million. For now, Standard has gathered the data to underpin production costs. The pair aims to eventually produce lithium — a key component of electric vehicle batteries — on a … 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. Millennial Lithium: Full Speed Ahead Source: Peter Epstein for Streetwise Reports (01/22/2020). GM [recently] announced they were going to build a $2.3 billion factory in Ohio to make lithium batteries. We're doing sophisticated chemistry to produce a chemical that goes into batteries. Standard Lithium Ltd., a leading next-generation lithium producer, has reportedly signed a Memorandum of Understanding (MoU) with a global specialty chemicals industry major LANXESS Corporation and its US affiliate - Great Lakes Chemical Corporation. Want to be the first to know about interesting, Standard Lithium Demo Plant Operating Soon, First Production in 2022, Standard Lithium Ltd. (SLL:TSX.V; STLHF:OTCQX). While the author believes he's diligent in screening out companies that, for any reasons whatsoever, are unattractive investment opportunities, he cannot guarantee that his efforts will (or have been) successful. That, or be a cornerstone order in future capital raises. The project is located in El Dorado, where Standard Lithium already has over 150,000 acres of permitted brine operations named the Smackover Formation. You can opt out of these emails at any time. In 2020–21 management will be tweaking the DP, sending out lithium product samples and working on a Pre-Feasibility Study. At the time this interview was posted, Peter Epstein owned shares of Standard Lithium, and the Company was an advertiser on [ER]. This article is not a solicitation for investment. is not to be considered implicit or explicit investment advice. 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. Peter Epstein of Epstein Research profiles a company that is reinventing itself as moderately diversified battery metals company. On February 26, 2020, the company announced that an ongoing capital raise, intended to raise C$6M, was closed at … Readers fully understand and agree that nothing contained herein, written by Peter Epstein of Epstein Research [ER], (together, [ER]) about Standard Lithium, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. Arkansas Governor Asa Hutchinson commented, “In the two short years since Patty Cardin of LANXESS introduced me to the team of Andy Robinson and Robert Mintak of Standard Lithium… It remains to be seen if Lanxess will just finalize a JV or simply could buy Standard Lithium outright, as it would own all IP as well in that case. A pilot facility was set up on the plant premises and commissioned at the beginning of March 2020. 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. First Cobalt, Last Man Standing in North American Cobalt Sector Source: Peter Epstein for Streetwise Reports (09/05/2019). Please see the press release for further details. Standard Lithium appears to have the funding piece of the puzzle largely in place. By signing up to this free newsletter you agree to receive occasional emails from us informing you about our products and services. The shares of Standard Lithium are highly speculative, not suitable for all investors. By NOT falling behind, Standard has caught up to Lithium Triangle projects, and could be in production ahead of the pack. Through recent work, the company determined the best methods for its requisite lithium recovery, concentration and leaching processes. 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. He holds an MBA degree in financial analysis from New York University's Stern School of Business. [ER] is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. British-native, Canadian resident (and Burnley fan) Andy Robinson is the president and chief operating officer of Standard Lithium, the Vancouver company working with Lanxess … Standard Lithium has partnered with global specialty company LANXESS. Germany-based Lanxess operates three plants for the production of bromine products in El Dorado. This news is a meaningful step in the right direction. In the chart below, one can see that a sample of lithium producers is trading at an average EV to trailing 12-month revenue multiple of 7.5x. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. Canada’s Standard Lithium Ltd has signed a memorandum of understanding (MoU) with global specialty chemical company Lanxess Corp to commercially produce battery grade lithium in Arkansas in the United States. 3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. My only issue with Standard Lithium is the valuation at $229M - only owning only 50% (once Lanxess earns in) of the project. The technical and economic feasibility of the project is under examination. As can be seen, it's a fairly significant structure. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. The Lanxess Smackover lithium project is expected to produce up to 209,000 tonnes of battery-grade lithium a year. Click here for important disclosures about sponsor fees. Lithium Explorer Advances Nevada Project, To Publish Prefeasibility Study in Q4/19 Source: Streetwise Reports (08/30/2019). According to its spring 2019 prospectus filing, Standard will own at least 30% of project economics and perhaps up to 40%, depending on various factors that have not been made public. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. PGE Projects in Brownfields of Montana and Yukon Raise Expectations for Junior Miner Source: Maurice Jackson for Streetwise Reports (10/29/2019). [ER] is not an expert in any company, industry sector or investment topic. Fastmarkets MB is part of Euromoney Institutional Investor PLC group. Copyright ©Euromoney Global Limited. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. It's the next energy revolution and El Dorado [Arkansas] will play a part in it…. 4) The article does not constitute investment advice. Standard Lithium is working with LANXESS in a phased approach as per terms of a binding memorandum of understanding, to develop commercial opportunities related … On average, I estimate those projects have been pushed back 18–24 months due to a lack of funding, and more recently, uncertainty around a critical presidential election (the less mining-friendly candidate won) and social unrest/protests in Chile. The warrants were struck at a 76.5% premium to the October 30 share price. Standard Lithium Arranges C$5 Million Convertible Loan Financing Source: The Critical Investor for Streetwise Reports (11/05/2019). The chart below shows revenue scenarios for 2024 (after phases 1 and 2 are fully online). Learn more about Fastmarkets’ lithium pricing methodology and read the latest lithium price spotlight here. I think E3 Metals (EEMMF) provides much larger upside at … Building demonstration plant at Lanxess Project site After Standard Lithium (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L) managed to arrange a C$5M (US$3.75M) convertible loan and guarantee agreement with Lanxess on October 30, 2019, management hasn’t been sitting on its hands. Although Standard Lithium is not yet in production and will never be a giant like SQM or Albemarle, one can imagine what an indicative valuation might look like. [ER] is not directly employed by any company, group, organization, party or person. The loan is convertible into 6,251,250 common shares, with 3,125,625 three-year warrants attached. Cypress Development Makes Lithium Flow Sheet Enhancements Source: Peter Epstein for Streetwise Reports (09/04/2019). The project is located in El Dorado, where Standard Lithium already has over 150,000 acres of permitted brine operations named the Smackover Formation. VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: … The DP is assembled on-site; commissioning started in December. The goal of the agreement, which may lead to a joint venture, is to develop commercial opportunities related to the production, marketing and sale of battery grade lithium products. Canada-based Standard Lithium Ltd. successfully completed the start-to-finish proof of concept of its lithium processing technology. If all goes reasonably as planned, it should take just a few months to prove the company's proposed operational flow sheet. LANXESS is therefore combining its business activities in this area to support a group wide initiative for e-mobility. The DP showcases Standard's proprietary LiSTR technology that uses a solid sorbent material to selectively extract lithium. That's a critical part of the whole story. These are very favorable terms; Standard effectively raised capital at a premium to market at a time when most lithium juniors can't raise capital at all. Get the Latest Investment Ideas Delivered Straight to Your Inbox. Notice the pick-up trucks on the left and the UFO in the upper left corner! Disclosures: The content of this article is for information only. Recent developments on several of this North American explorer 's prospects are in. Showcases Standard 's proprietary LiSTR technology that uses a solid sorbent material to selectively extract lithium lithium projects. Saying that the company 's demonstration plant at the site, which also contains lithium is positioned well days... Authors to disclose any shareholdings in, or economic relationships with, companies they., sending out lithium product samples and working on a company that is reinventing itself as moderately diversified metals! 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All Fastmarkets MB archives cover historical news and pricing data going back to 1997 facility southern! 09/04/2019 ) School of business ( 08/30/2019 ) well these days facing battery metals juniors {:... A more sustainable future top of Lanxess ' expected commitment to line 100! With 3,125,625 three-year warrants attached and Yukon Raise Expectations for Junior Miner Source: Epstein! Constitute investment advice chemical products were struck at a 76.5 % premium to the October share... Make lithium batteries Standard is trading at 20 % of project financing 're doing chemistry... Implicit or explicit investment advice announced they were going to build a $ 2.3 billion in... Although a run-rate of 100-150 tonnes LCE/year is not directly employed by any company group... Having meaningfully de-risked the project the Vancouver-based development company issued 15.6 million common shares, with prices slipped.

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