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0.0386134828596916 0.0572193194851535 0.0513572065757614 0.0386134828596916 0.0785013380909902 0.0768446540079011 0.0248502612463361 0.0800305849369185
Stock impact report

Standard Lithium and Equinor Finalize $225 Million Grant from the U.S. Department of Energy for the South West Arkansas Project

Standard Lithium Ltd. Common Shares (SLI) 
NASDAQ:AMEX Investor Relations: annualreports.com/company/sl-industries-inc
Company Research Source: GlobeNewswire
LEWISVILLE, Ark., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium”) (TSXV:SLI) (NYSE:A:SLI), a leading near-commercial lithium developer, and Equinor, a global energy leader, today announced that its jointly-owned U.S. subsidiary, SWA Lithium LLC, has closed the US$225 million grant from the U.S. Department of Energy’s (“DOE”) Office of Manufacturing & Energy Supply Chains. The grant will support construction of Phase 1 of the South West Arkansas (“SWA”) project. “Closing of the DOE grant is a testament to the caliber of the South West Arkansas project,” said David Park, CEO and Director of Standard Lithium. “SWA is one of the highest-grade lithium brine projects in North America, and through the use of DLE technology, a near-term, sustainable opportunity to help secure America’s domestic lithium supply chain.” “The U.S. Department of Energy’s support demonstrates the project’s maturity and strengthens its financial robustness as we work towards Show less Read more
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