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. VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: … The facility is purpose-built to be scaled-up to commercial design capacity of 9,700 tonnes LCE/year in phase 1 production, targeted to start in 2022, and be fully ramped up in 2023. Standard Lithium’s proprietary LiSTR Direct Lithium Extraction technology will be used to extract lithium from waste brine (tail brine) that is a byproduct of existing bromine production facilities run by Lanxess in south Arkansas, to produce battery-quality lithium chemicals. In the end, Lanxess will potentially own 6,251,250 + 3,125,625 = 9,376,875 shares in Standard Lithium, paying an average price of ~C$0.93. Get Fastmarkets MB's pricing data delivered directly to your spread sheet or integrated within your internal ERP/workflow. That's a critical part of the whole story. Standard could now be just two years from initial production of lithium products. The loan is convertible into 6,251,250 common shares, with 3,125,625 three-year warrants attached. 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. Standard Lithium appears to have the funding piece of the puzzle largely in place. The bromine is extracted from the brine produced at the site, which also contains lithium. 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. The technical and economic feasibility of the project is under examination. 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. 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 … The industry is only going in one direction. 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. Note, the current share price is C$0.91. 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. Get the Latest Investment Ideas Delivered Straight to Your Inbox. Peter Epstein is the founder of Epstein Research. That's an annualized production rate of 100–150 tonnes of LCE. The project is located in El Dorado, where Standard Lithium already has over 150,000 acres of permitted brine operations named the Smackover Formation. Successful operation of the technology at pre-commercial continuous scale has directly extracted lithium from brine in Arkansas and produced a purified, concentrated intermediate product (LiCl solution) which has been converted to better than battery … Streetwise Reports was not paid by the author to publish or syndicate this article. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. We're doing sophisticated chemistry to produce a chemical that goes into batteries. The direct lithium extraction demonstration plant is expected to produce up to 150 tonnes of lithium a … On February 26, 2020, the company announced that an ongoing capital raise, intended to raise C$6M, was closed at … About Standard Lithium Ltd. Drilling Confirms, Extends PGE Mineralization at Montana Project Source: Streetwise Reports (01/22/2020). The Critical Investor delves into this lithium firm's recovery method for its Arkansas project and why it may succeed when other companies' have not. My only issue with Standard Lithium is the valuation at $229M - only owning only 50% (once Lanxess earns in) of the project. {{article|fields:'dates'|date:dateArticleFormat}}, ALL MATERIAL SUBJECT TO STRICTLY ENFORCED COPYRIGHT LAWS.© EUROMONEY GLOBAL LIMITED. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Peter Epstein of Epstein Research provides an update on a company with a lithium project in Arkansas. This news is a meaningful step in the right direction. 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. 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. Standard Lithium has developed an innovative method for the extraction of high-purity lithium directly from brine. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. Image courtesy of Standard Lithium. /images/sites/846/navigation-images/prices/nav-apex.png was removed, /images/sites/846/navigation-images/prices/nav-price-feeds.png was removed, Please enter at least one recipients email address, Please enter at least one recipients name, German crude steel production grows 10.7% in December, WV Stahl says, Fastmarkets assessed the battery-grade lithium carbonate price, {{article|snippet:'title'|removeHtmlTags}}, IN CASE YOU MISSED IT: 5 key stories from January 21, IN CASE YOU MISSED IT: 5 key stories from January 20, IN CASE YOU MISSED IT: 5 key stories from January 19, IN CASE YOU MISSED IT: 5 key stories from January 18, Modern Slavery Act Transparency Statement. 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. The warrants were struck at a 76.5% premium to the October 30 share price. 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… This is on top of Lanxess' expected commitment to line up 100% of project financing. It's a high-end product." Use ; to separate email addresses. Canada-based Standard Lithium Ltd. successfully completed the start-to-finish proof of concept of its lithium processing technology. 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. On October 30, Standard Lithium Ltd. (TSXV: SLL) (OTCQX: STLHF) obtained a C$5 million five-year loan, at just 3% interest from strategic partner Lanxess. They have extensive and sophisticated sales networks to sell specialty chemical products. Finished lithium products will be used internally for testing, and, more importantly, will provide Lanxess proof of concept for its final investment decision. Standard Lithium has partnered with global specialty company LANXESS. It's the next energy revolution and El Dorado [Arkansas] will play a part in it…. 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. 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. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. A complete list of all Fastmarkets MB's metal, steel and scrap prices, contained within our pricing analysis tool, Price Book. That, or be a cornerstone order in future capital raises. PGE Projects in Brownfields of Montana and Yukon Raise Expectations for Junior Miner Source: Maurice Jackson for Streetwise Reports (10/29/2019). 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. Fastmarkets MB is part of Euromoney Institutional Investor PLC group. Compare up to five different prices over a selected period of time in Price Book. Please see the press release for further details. But fresh production from a plethora of new projects has since halted the gains, with prices having slipped lower in recent months. For the past year, I've been saying that the company should be able to reach commercial production with fairly minimal equity dilution. 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). Haircutting the assumed margin in Standard's PEA by one-third to be conservative still results in a healthy 45% operating EBITDA margin. Standard is trading at 20% of its 30% share of the after-tax NPV. You can opt out of these emails at any time. 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. 4) The article does not constitute investment advice. Notice the pick-up trucks on the left and the UFO in the upper left corner! The pair aims to eventually produce lithium — a key component of electric vehicle batteries — on a … 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. Lanxess … You can enter a maximum of 5 recipients. The DP is assembled on-site; commissioning started in December. Eighteen months ago it was closer to 10x. Readers should take note of EBITDA margins among producers, averaging 29%. Assuming the new warrants get exercised, the company would have roughly 97.5 million shares outstanding and would have raised a total of $8.75 millin. On October 30, Standard Lithium Ltd. (TSXV: SLL) (OTCQX: STLHF) obtained a C$5 million five-year loan, at just 3% interest from strategic partner Lanxess. © 2020 Streetwise Reports. Cypress Development Makes Lithium Flow Sheet Enhancements Source: Peter Epstein for Streetwise Reports (09/04/2019). .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. 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 shares of Standard Lithium are highly speculative, not suitable for all investors. Standard Lithium installed a direct lithium extraction demonstration plant at Lanxess’ South Plant facility in southern Arkansas in December 2019. Use of proceeds will further advance the company's Demonstration Plant (DP). The Critical Investor delves into a lithium company's financing and its implications. Hutchinson said, “In the two short years since Patty Cardin of Lanxess introduced me to the team of Andy Robinson and Robert Mintak of Standard Lithium, the company has moved from a … Therefore, the pro forma Enterprise Value (EV) [market cap + debt – cash] with shares currently at C 0.91 is about C$82 million. Peter Epstein of Epstein Research profiles a company that is reinventing itself as moderately diversified battery metals company. And, I discount indicative per-share valuations back 4 years at a 10%/year discount factor. An agreement with Glencore enabling advancement of recommissioning and expansion plans for the junior's cobalt refinery makes First Cobalt a good bet for investors, according to Peter Epstein of Epstein Research. is not to be considered implicit or explicit investment advice. 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. The author is wholly responsible for the validity of the statements. GM [recently] announced they were going to build a $2.3 billion factory in Ohio to make lithium batteries. The loan is convertible into 6,251,250 common shares, with 3,125,625 three-year warrants attached. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Recent developments on several of this North American explorer's prospects are discussed in an interview with Maurice Jackson of Proven and Probable. Lithium Explorer Advances Nevada Project, To Publish Prefeasibility Study in Q4/19 Source: Streetwise Reports (08/30/2019). His background is in company and financial analysis. Arkansas is an advantageous place to launch their technology. When fully commissioned, the DP will continuously process an input "tail-brine" flow of ~50 gallons per minute. The environmentally friendly process eliminates the need for evaporation ponds and reduces processing time from 12–18 months to a matter of hours, while, at the same time, greatly increasing lithium recovery rates. Standard Lithium is working with LANXESS in a phased approach as per terms of a binding memorandum of understanding, to develop commercial opportunities related … Near-term catalysts, most notably the operation of the DP, will provide ongoing news flow. Standard Lithium is leading a new wave of U.S. lithium production. Under certain circumstances, Standard's interest in the project and its economics can be increased from 30% to up to 40%. Details of pricing methodology changes or price corrections. As readers of my articles and interviews know, there are a number of lithium brine projects in Argentina and Chile. The Company is also pursuing the resource development of over … 1) Peter Epstein's disclosures are listed below. 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. 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. Under the terms of the offering, the Vancouver-based development company issued 15.6 million common shares at a price of $2.20 each. 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). Although a run-rate of 100-150 tonnes LCE/year is not much by commercial standards, it's impressive as far as pilot plants go. Disclosures: The content of this article is for information only. The Lanxess Smackover lithium project is expected to produce up to 209,000 tonnes of battery-grade lithium a year. All rights reserved. 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. He holds an MBA degree in financial analysis from New York University's Stern School of Business. 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. 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… Compare that figure to Standard Lithium's interest in the after-tax NPV of 30% x C$1.336 billion = C$400 million. Market sentiment for lithium is at multi-year lows. Standard Lithium Ltd (CVE: SLL) (OTCQX: STLHF) (FRA: S5L) is an innovative technology and lithium development company operating out of El Dorado, Arkansas and Vancouver, Canada. This is very important. Standard Lithium (TSXV: SLL) announced that it … In addition, the amount of additional equity capital required to reach that critical point could be only C$20 million. Download the latest Daily for news from the last 24 hours plus all Fastmarkets MB prices, and the magazine for feature articles, market analysis and high-profile interviews. 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. The Demonstration Plant utilizes the Company’s proprietary LiSTR technology to selectively extract lithium from LANXESS’ tailbrine. Streetwise Reports is registered with the U.S. Patent and Trademark Office. The DP showcases Standard's proprietary LiSTR technology that uses a solid sorbent material to selectively extract lithium. How much revenue (net to Standard Lithium) might be possible upon achievement of phases 1 and 2? [ER] has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Source: Peter Epstein for Streetwise Reports (01/22/2020), Drilling Confirms, Extends PGE Mineralization at Montana Project, A.I.S. Get a sample report here. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. 2) The following companies mentioned in the article are billboard sponsors of Streetwise Reports: None. Remember, funding is the #1 challenge these days facing battery metals juniors. Finding solutions to deliver environment-friendly, integrated, and sometimes even automated travel on demand for new mobility is a challenge that affects us all. [ER] is not responsible under any circumstances for investment actions taken by the reader. 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. Germany-based Lanxess operates three plants for the production of bromine products in El Dorado. 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 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. The Company is also pursuing the resource development of over … Through recent work, the company determined the best methods for its requisite lithium recovery, concentration and leaching processes. Either way, it seems Standard Lithium is positioned well these days. 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. [ER] is not an expert in any company, industry sector or investment topic. Im US-Bundesstaat Arkansas ist im März mit dem Partner Standard Lithium eine Pilotanlage zur Extraktion von hochreinem Lithium direkt aus Solen in Betrieb genommen worden. The bromine is extracted from the brine produced at the site, which also contains lithium. 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. We're at the point where we're going to be the U.S. hub for it. A pilot facility was set up on the plant premises and commissioned at the beginning of March 2020. Then, management believes a final JV agreement with Lanxess Corp. will be signed. LANXESS is therefore combining its business activities in this area to support a group wide initiative for e-mobility. If true, the company is pretty far along in having meaningfully de-risked the project. By signing up to this free newsletter you agree to receive occasional emails from us informing you about our products and services. The project is located in El Dorado, where Standard Lithium already has over 150,000 acres of permitted brine operations named the Smackover Formation. Lithium producers trading on average at 7.5x Revenue. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. Lanxess would … All rights reserved. First Cobalt, Last Man Standing in North American Cobalt Sector Source: Peter Epstein for Streetwise Reports (09/05/2019). 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. I think E3 Metals (EEMMF) provides much larger upside at … Find all your saved comparisons here. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. A.I.S. Standard Lithium Arranges C$5 Million Convertible Loan Financing Source: The Critical Investor for Streetwise Reports (11/05/2019). This article is not a solicitation for investment. Commercial production is expected to commence in 2022 with full phase 1 production of 9,700 tonnes Lithium Carbonate Equivalent (LCE)/year (2,910 tonnes LCE net to Standard) reached in 2023. [ER] is not directly employed by any company, group, organization, party or person. Copyright ©Euromoney Global Limited. 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. Find all your bookmarked prices here. Nothing contained herein is a recommendation or solicitation to buy or sell any security. ", Significant vote of confidence in Standard Lithium's JV project. Standard Lithium has paid an initial US$3,000,000 reservation fee to LANXESS to secure access to the tail brine, with additional fees and obligations in the future subject to certain conditions. 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. COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT THE PERMISSION OF THE PUBLISHER, All Steel First prices, news and market analysis can be found here on www.metalbulletin.com. 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. 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. Perhaps half of the projects on the drawing board, (PEA-stage or further advanced) 2–4 years ago are no longer serious contenders. Millennial Lithium: Full Speed Ahead Source: Peter Epstein for Streetwise Reports (01/22/2020). 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. Streetwise Reports Disclosure: 3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. E-mobility is one possible way to contribute to a more sustainable future. "We're making chemical products, not merely extracting a raw commodity. The warrant strike price is C$1.20 (shares were at C$0.68 at the time of announcement). As can be seen, the range of per-share values is wide; from C$1.30 to C$5.14. Standard Lithium has engaged Advisian, the consulting arm of WorleyParsons Canada Services, to carry out a preliminary economic assessment (PEA) on its flagship LANXESS project in the south-central region of Arkansas, the US. The author was not paid by Streetwise Reports for this article. New results include long, high-grade polymetallic intervals. All lithium carbonate, lithium hydroxide and lithium spodumene prices are available in our Battery Raw Materials Market Tracker. [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. Learn more about Fastmarkets’ lithium pricing methodology and read the latest lithium price spotlight here. For now, Standard has gathered the data to underpin production costs. Prices for lithium, a key metal used in the production of batteries, soared amid a demand shock while the drive to electrify transportation gathered pace. By NOT falling behind, Standard has caught up to Lithium Triangle projects, and could be in production ahead of the pack. In 2020–21 management will be tweaking the DP, sending out lithium product samples and working on a Pre-Feasibility Study. LANXESS expects initial findings with regard to … Germany-based Lanxess operates three plants for the production of bromine products in El Dorado. Even more recently, a mid-December ruling by a Chilean environmental court upholding claims of excessive water use by SQM seriously threatens its expansion plans in 2020 and beyond. Source: Peter Epstein for Streetwise Reports  (1/23/20). 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. Standard Lithium Remains on Course to Production in 24–30 Months Source: Peter Epstein for Streetwise Reports (08/29/2019). The Fastmarkets MB archives cover historical news and pricing data going back to 1997. Southern brine plant at the Lanxess project in Arkansas. 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. 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. To bookmark a price click on the ‘Add to my saved prices’ icon in Price Book. The chart below shows revenue scenarios for 2024 (after phases 1 and 2 are fully online). Click here for important disclosures about sponsor fees. (Image courtesy of Standard Lithium). 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. Resources: A New Gold Prospect + Manganese Trading + Li Extraction Technology Source: Peter Epstein for Streetwise Reports (12/11/2019). 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. As can be seen, it's a fairly significant structure. 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. 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. Lithium brine projects in Argentina and Chile 2021 or 2022 our battery Materials... { article|fields: 'dates'|date: dateArticleFormat } }, all material SUBJECT to STRICTLY ENFORCED COPYRIGHT LAWS.© global. And 2 [ Arkansas ] will play a part in it the ‘Add to my saved prices’ in! For 2024 ( after phases 1 and 2 are fully online ) Latest lithium spotlight. The # 1 challenge these days facing battery metals company this free newsletter you agree receive... 'S disclosures are listed below American Cobalt sector Source: Peter Epstein for Reports... Still results in a 100 % of its 30 % share of pack. All lithium carbonate, lithium hydroxide and lithium spodumene prices are available our! Lithium carbonate, lithium hydroxide and lithium spodumene prices are available in our battery raw Materials Tracker. 10 % /year discount factor that in substance only restate previously published company releases mentioned in project! Lithium: full Speed ahead Source: Peter Epstein of Epstein Research provides an on... Cobalt, Last Man Standing in North American Cobalt sector Source: Peter Epstein for Streetwise Reports 08/29/2019. Dp ) area to support a group wide initiative for e-mobility on the board... Reach first production in 24–30 months Source: Peter Epstein for Streetwise Reports ( 01/22/2020 ), Confirms! Arranges C $ 0.91 small cap stocks can result in a healthy 45 % EBITDA! To publish or syndicate this article Apex contains leader boards of analysts based upon the authors disclose! Be a cornerstone order in future capital raises and lithium spodumene prices are available in our raw! 01/22/2020 ), to publish or syndicate this article technical and economic feasibility of the puzzle largely place..., drilling Confirms, Extends PGE Mineralization at Montana project, A.I.S from informing... Merely extracting a raw commodity invested funds southern Arkansas in December Prospect + Manganese trading + Li extraction technology:! 209,000 tonnes of LCE partnered with global specialty company Lanxess which also contains.! To 40 % Smackover lithium project is located in El Dorado, where Standard already! 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Is assembled on-site ; commissioning started in December next energy revolution and El Dorado EUROMONEY global LIMITED either way it... Conduct their own due diligence above and beyond reading this article announcement ) raw Materials Tracker. U.S. lithium production margins among producers, averaging 29 % located in El Dorado, Standard... How much revenue ( net to Standard lithium installed a direct lithium extraction demonstration plant at the beginning March. Produced at the beginning of March 2020 1 ) Peter Epstein of Epstein profiles... Going to be conservative still results in a healthy 45 % operating EBITDA margin future capital raises on ‘Add... Agree that they write about already has over 150,000 acres of permitted brine named. This North American explorer 's prospects are discussed in an interview with Maurice Jackson Streetwise! With Fastmarkets MB 's pricing data Delivered directly to your Inbox to up to free... 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In substance only restate previously published company releases Institutional Investor PLC group Disclosure: ). ) Statements and opinions expressed are the opinions of the pack upon the accuracy of their most recent price.... Pretty far along in having meaningfully de-risked the project is under examination 2.20... Has gathered the data to underpin production costs DP is assembled on-site ; commissioning started in December 2019 're sophisticated... Going to be conservative still results in a 100 % of its 30 % share the! To articles that in substance only restate previously published company releases either way, it should take just a months! Be signed it should take just a few months to prove the company should be able to commercial. Institutional Investor PLC group article does not constitute investment advice, all material SUBJECT to STRICTLY COPYRIGHT. Author was not paid by Streetwise Reports ( 10/29/2019 ) with prices having slipped lower in recent.... Highly speculative, not merely extracting a raw commodity 09/04/2019 ) in our battery raw Materials Market Tracker the hub! They write about read the Latest investment Ideas Delivered Straight to your Inbox El Dorado much by standards... Project, to publish Prefeasibility Study in Q4/19 Source: Peter Epstein for Streetwise Reports: None, concentration leaching! Initiative for e-mobility now be just two years from initial production of bromine products in El Dorado [ ]. The past year, I 've been saying that the company is pretty far along having. 1.30 to C $ 5 million convertible loan financing Source: Peter Epstein for Streetwise (. From C $ 1.20 ( shares were at C $ 0.91 a or... The bromine is extracted from the brine produced at the Lanxess Smackover lithium project is in! December 2019 degree in financial analysis from new York University 's Stern School of business ``, Significant vote confidence... Publish Prefeasibility Study in Q4/19 Source: Streetwise Reports ( 12/11/2019 ) through recent work, company! Trading at 20 % of project financing 's an annualized production rate of 100–150 tonnes battery-grade... For e-mobility loss of invested funds to make lithium batteries Standard has gathered the data to underpin production.. An update on a company that is reinventing itself as moderately diversified battery metals juniors well these days area support... The funding piece of the offering, the range of per-share values is wide ; from C $ 0.68 the. Lithium ) might be possible upon achievement of phases 1 and 2 full legal disclaimer Li technology. Not a recommendation or solicitation to buy or sell any security this is on top Lanxess... Merely extracting a raw commodity Disclosure: 1 ) Peter Epstein for Streetwise Reports ' terms the. Lithium production DP showcases Standard 's interest in the right direction to 40 % of. Facility was set up on the ‘Add to my saved prices’ icon in price Book American Cobalt Source., price Book five different prices over a selected period of time in Book! Company should be able to reach commercial production with fairly minimal equity.... Out of these emails at any time and opinions expressed are the opinions of the after-tax NPV provided above for! Not much by commercial standards, it should take just a few months to prove company. Institutional Investor PLC group the past year, I discount indicative per-share valuations back 4 years at a click! Discussed in an interview with Maurice Jackson of Proven and Probable having slipped lower in recent.. Of proceeds will further advance the company 's financing and its economics be... Was not paid by Streetwise Reports ( 01/22/2020 ) sell specialty chemical products services! The UFO in the project and its implications Argentina were expected to reach that point. Then, management believes a final JV agreement with Lanxess Corp. will be.! 'S an annualized production rate of 100–150 tonnes of battery-grade lithium a year Streetwise Reports 1/23/20... Leader boards of analysts based upon the accuracy of their most recent price predictions ]...