Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Sees Golden Opportunity in Arkansas Brine Fields
- Standard Lithium recently completed option agreement on 33,000-acre lease in longtime commodities-producing region
- Company expects existing historical data to streamline quick turnaround in resource estimates
- Lithium exploration gaining popularity as tech industry companies seek to shore up supply lines
- Recent drilling order announcement clearly puts Administration on side of energy industry
Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is exploring the possibility that oil resource-rich Southern Arkansas could become a large source of lithium amid demands for the modern tech commodity.
Since 1920, the Smackover region’s oil fields near the state’s boundary with Louisiana have been a major employer, even though the boom years ended about a decade after the first large discovery. The oilfield brine byproduct was long considered a nuisance, but, in time, it came to be celebrated for chemicals with fire-retardant properties. Following a second round of...
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