Standard Lithium Ltd. reported substantial progress across its lithium development portfolio during the third quarter of 2025, highlighted by the completion of a Definitive Feasibility Study for its South West Arkansas Project and a Maiden Inferred Resource for the Franklin Project in East Texas. CEO David Park stated that these results demonstrate the attractiveness and cost-competitiveness of the SWA Project while establishing a strong foundation for scalable production in the Smackover formation.
Following the quarter's end, the company successfully closed an upsized $130 million underwritten public offering to advance both projects toward development. This substantial financing provides the capital necessary to move forward with key development activities and positions Standard Lithium to reach Final Investment Decision on the SWA Project with construction potentially beginning in 2026. The company also received final integration approval from the Arkansas Oil and Gas Commission, a critical regulatory milestone for project advancement.
Technical achievements during the period included reporting the highest lithium-in-brine grade to date from the SWA area at 616 mg/L, indicating strong resource quality. The company's focus on sustainable lithium production through direct lithium extraction technology represents a significant advancement in domestic lithium supply chain development. Additional information about the company's progress is available in their newsroom.
Standard Lithium's partnership with global energy leader Equinor further strengthens the company's position in advancing both the SWA Project in southern Arkansas and the Franklin Project in East Texas. The Smackover Formation, where both projects are located, represents a world-class lithium brine asset that could contribute substantially to North American lithium production capacity. The combination of high-grade resources, robust infrastructure, and streamlined permitting positions these projects as potentially significant contributors to the growing demand for lithium in electric vehicle batteries and energy storage applications.
