Jeffrey Robertson

Jeff Robertson

- Smackover Lithium, a joint venture between Standard Lithium and Equinor, announced a **maiden inferred resource** for its Franklin Project in East Texas on **September 24, 2025**.  **[1537137_0001171843-25-006050_exh_991.htm:0]** **[1537137_0001171843-25-006050_exh_991.htm:2]** 
- The Franklin Project's maiden inferred resource includes **2.2 million metric tonnes of Lithium Carbonate Equivalent (LCE)** at an average lithium grade of **668 mg/L**.  **[1537137_0001171843-25-006050_exh_991.htm:0]** 
- Additionally, the inferred resource contains **15.4 million tonnes of potash** and **2.6 million tonnes of bromide**.  **[1537137_0001171843-25-006050_exh_991.htm:0]** 
- This resource is a key step towards achieving a goal of **over 100,000 tonnes of lithium chemicals per year** production in Texas through multiple phases.  **[1537137_0001171843-25-006050_exh_991.htm:0]** 
- Standard Lithium holds a **55% interest** in the Smackover Lithium joint venture, with Equinor holding the remaining **45%**.  **[1537137_0001171843-25-006050_exh_991.htm:6]**

Standard Lithium's Smackover Lithium JV Announces Maiden Inferred Resource for Franklin Project

- Aquatech has acquired Koch Technology Solutions' (KTS) direct lithium extraction (DLE) business, integrating the Li-Pro™ Lithium Selective Sorption (LSS) technology into its PEARL™ process platform.  **[1537137_20250916NE75374:0]** 
- As a result of this acquisition, **Aquatech will assume KTS's role** in the Joint Development Agreement (JDA) with **Standard Lithium Ltd.** in the Smackover Formation.  **[1537137_20250916NE75374:0]** 
- The Li-Pro technology, now part of Aquatech's platform, has demonstrated an average lithium recovery of over **95%** at Standard Lithium's demonstration plant.  **[1537137_20250916NE75374:0]** 
- The acquisition also includes the licensing agreement for the **Smackover Lithium joint venture** (between Standard Lithium and Equinor) for the **South West Arkansas project**, which targets **22,500 tons per annum** of lithium carbonate equivalent with first production in **2028**.  **[1537137_20250916NE75374:0]**

STANDARD LITHIUM (SLI)