Standard Lithium Ltd. is a Canada-based technology and lithium development company, which is focused on the development of a portfolio of lithium-brine bearing properties in the United States utilizing Direct Lithium Extraction (DLE) and purification technologies. The Company's project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. It has commissioned its industrial-scale direct lithium extraction demonstration plant at Lanxess Project's south plant facility in southern Arkansas. The demonstration plant utilizes the Company's lithium extraction process (LiSTR) technology, which uses a grained, solid, inorganic adsorbent to selectively adsorb lithium ions from the brine. It is also engaged in the resource development of approximately 30,000 acres of separate brine leases located in south west Arkansas.