Standard Lithium Ltd. Reports Second Quarter 2026 Results

Standard Lithium Ltd. announced its financial and operating results for the second quarter of 2026. The company has made significant progress on its South West Arkansas ("SWA") Project, a key lithium-brine asset. The U.S. federal government concluded its environmental review of the SWA Project under the National Environmental Policy Act ("NEPA") with a Finding of No Significant Impact ("FONSI"). Additionally, Standard Lithium entered into two key construction contracts for the SWA Project with S&B Engineers and Constructors and Wood Group USA, Inc., allowing work to proceed on the Central Processing Facility and the upstream well field, respectively. These steps are crucial for moving towards a Final Investment Decision ("FID") for the project, which is anticipated later in 2026. The company also highlighted operational milestones at its Arkansas Demonstration Plant, processing 1 million barrels of brine and completing over 15,000 Direct Lithium Extraction ("DLE") cycles. Standard Lithium ended the quarter with $137.3 million in cash and no debt obligations. The company is focused on finalizing customer offtake agreements and project financing to support FID and aims for commercial production by 2029. Standard Lithium also plans to advance its Franklin project in East Texas.