September 1 will be a day of transition for the executive cabinet at Canadian miner Standard Lithium: it is the effective date of the retirement of CEO Robert Mintak and the start date for his replacement, David Park. In a transition that it said aligns with the company’s growth strategy and next steps in value creation, Standard confirmed Mintak will…
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Equinor obtains stake in lithium projects
International energy company Equinor said it has entered an agreement with Standard Lithium to acquire a 45% stake in lithium projects located in southwest Arkansas and east Texas, reported Reuters. Equinor will initially compensate Standard Lithium $30 million and cover project expenses up to $33 million. Potential future milestones could see the company pay an additional $70 million in aggregate…
Read MoreStandard Lithium one step closer to DLE patents
Standard Lithium said the United States Patent and Trademark Office (USPTO) has issued Notices of Allowance for two of three pending U.S. patent applications for elements of its innovative Direct Lithium Extraction (DLE) processes. The Canadian-based technology and lithium development company anticipates the issue of the formal registration of the “Process for Recovering Lithium from Brines” patents (serial no.16/410,523 and…
Read MoreMiners News: Top 5 of 2021
This past year has been an exciting one for the staff of SEMCO Publishing and North American Mining magazine, and even more so for Miners News, which at the time of this writing is just over four months old. Despite its relative youth, Miners News had a tremendous growth in readership and interest. Here are the Top 5 North American…
Read MoreStandard Lithium, Koch advancing lithium project plan in U.S.
A proposed commercial lithium plant in southern Arkansas is taking a significant step forward thanks to a new letter of intent between the facility’s owner, Standard Lithium, and Koch Engineered Solutions (KES) – just weeks after the latter committed US$100 million to its development.
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