Standard Lithium Ltd. (NYSE American: SLI), a company on the verge of commercial lithium production, has announced the appointment of Michael Lutgring as its new General Counsel, effective August 18, 2025. This move is seen as a strategic step to strengthen the company's legal infrastructure, crucial for its transition into commercial-scale operations. CEO David Park emphasized the significance of Lutgring's extensive legal background in facilitating the company's expansion and its role as a public entity.
Focusing on sustainable lithium development, Standard Lithium is dedicated to exploring high-grade lithium-brine properties, notably in the Smackover Formation across Arkansas and Texas. The company employs a pioneering Direct Lithium Extraction and purification process, designed to be scalable and fully integrated, to address the surging global demand for lithium. This demand is largely driven by the electric vehicle industry and renewable energy storage solutions, where lithium plays a pivotal role.
In partnership with Equinor ASA, a leading global energy company, Standard Lithium is advancing its South West Arkansas project, a greenfield initiative, and is also investigating lithium brine opportunities in East Texas. These projects are integral to the company's strategy to develop a sustainable and efficient lithium supply chain, which is vital for the global shift towards clean energy. For more details on Standard Lithium Ltd.'s developments, visit https://ibn.fm/SLI.
The appointment of Michael Lutgring is a testament to Standard Lithium's dedication to innovation, sustainability, and achieving corporate excellence, positioning the company as a potential leader in the global lithium market.
