Every lithium brine project globally is by and large wholly unique. Mintak: First, I would like to state that the project drives the process. Previous to Standard Lithium at Pure Energy I brought POSCO, Tenova Bateman, SRI and Tesla to the table, at Standard Lithium we have continued that dynamic with the agreements and partnerships executed including NYSE listed Tetra Technologies and of course our announced planned JV with LANXESS.Įpstein: How is your proprietary process different from lithium brine operations like those found in Argentina? My experience and successes in the lithium sector have been in forging strategic relationships and partnerships with large multinational companies and stakeholders. I have been involved in the lithium sector for the better part of the past decade. Our business model is simple and somewhat unconventional compared to our peers, we believe the fastest way to go into production and to limit investor risk is to form strategic partnerships that allow us to piggyback off the existing infrastructure and investment of massive operating commercial brine assets in the USA. We are listed on the TSX-V as a mining exploration company but we are not exploring, you won’t see any new mineral discovery announcements coming any time soon. Robert Mintak: We are an integrated technology and specialty chemical company. Peter Epstein: Please explain Standard Lithium to readers who are unfamiliar with your company: lithium project which could reach initial production in 2 years, 2021. Please continue reading to learn more about this unique U.S. Funding has been a huge challenge for lithium brine projects around the world. This would be a tremendous de-risking event for the project and for Standard Lithium. If the JV is consummated, LANXESS will be committed to funding commercial development. Standard Lithium is on a clear path to signing a JV with giant German chemical company, LANXESS. The Company’s goal is to be in the bottom quartile.
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For reasons explained below, op-ex is likely to be in the bottom half of the industry cost curve. While Robert can’t know for sure until Standard Lithium releases a Preliminary Economic Assessment ( PEA), it seems likely that cap-ex will be low compared to conventional brine projects.
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CEO Robert Mintak has 2 unconventional lithium projects in the U.S., one of which he believes is de-risked more than most lithium projects around the world due to infrastructure, permitting, jurisdiction and other key factors.