Standard Lithium Clears DOE NEPA Review and Signs Key SW Arkansas Contracts
Standard Lithium reported second-quarter results and highlighted progress toward a final investment decision for its South West Arkansas project. The US Department of Energy completed its NEPA review and issued a Finding of No Significant Impact with no added mitigation measures or conditions. The company also signed its last two construction vendor contracts and reported its Arkansas demonstration plant processed 1 million barrels of real brine during the quarter. It ended with $137.3 million in cash and $137.1 million in working capital