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Standard Lithium Ltd.’s Franklin Project PEA, effective July 20, 2026, estimates approximately 70,000 tpa battery-quality lithium carbonate, approximately 1.29 million tonnes over 20 years, and an opportunity case of approximately 922,000 tonnes of bromine.
Standard Lithium and Equinor’s Franklin Project PEA projects up to 70,000 tonnes of annual battery-quality lithium carbonate, a $5.9 billion unlevered pre-tax NPV8, 25.7% IRR and 3-year payback; the PEA recommends advancing to a PFS.
Standard Lithium Ltd.'s Smackover Lithium partnership amended its Trafigura offtake agreement, raising maximum volumes to 12,000 metric tonnes per year. Total offtake commitments reached 20,000 metric tonnes annually, supporting a Final Investment Decision later this year.
Standard Lithium Ltd. appointed Ralph Alexander as an independent director effective immediately and will grant him 300,000 incentive stock options that vest immediately and remain exercisable for sixty (60) months.
Standard Lithium Ltd. issued 107,631 common shares on NYSE American at an average price of US$2.78 under its ATM Program during the quarter ended September 30, 2026, generating US$299,569 gross proceeds and paying US$7,495 in commissions and fees.
Standard Lithium targets FID by the end of this year for its $1.5 billion Southwest Arkansas project, with first production in 2029 and initial 22,500 tons of lithium carbonate capacity; Franklin is planned for a 2027 PFS.
Standard Lithium said Smackover Lithium amended its Trafigura agreement, adding an option for up to an additional 4,000 metric tonnes per year and raising potential take-or-pay deliveries to 12,000 metric tonnes; total customer commitments reached 20,000 metric tonnes per year.
Standard Lithium Ltd. announced that Karen Narwold will resign from its Board effective September 15, 2026 after accepting an executive position, leaving eight directors and prompting a search for a new independent director.
