Standard Lithium (NYSE American: SLI) has appointed Paul Collins as an independent director, adding over 35 years of advisory and investment banking expertise in industrials, chemicals, and energy to its board. Collins, who has advised on approximately $190 billion in global transactions during his career, previously held leadership roles at Centerview Partners, Barclays, and Lehman Brothers. Standard Lithium’s CEO, David Park, highlighted Collins’ strategic experience as critical as the company advances its lithium brine projects with Equinor and pursues customer off-take commitments and financing ahead of anticipated production in 2025.
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About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The company prioritizes projects characterized by the highest-quality resources, robust infrastructure, skilled labor and streamlined permitting. The company aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated direct lithium extraction (“DLE”) and purification process. The company’s flagship projects are located in the Smackover Formation, a world-class lithium-brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas Project, a greenfield project located in southern Arkansas, and is actively exploring promising lithium-brine prospects in east Texas. Additionally, the company is advancing the phase 1A project in partnership with LANXESS Corp., a brownfield development project located in southern Arkansas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California. For more information about the company, please visit www.StandardLithium.com.
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