- Standard Lithium has developed the LiSTR Direct Lithium Extraction technology for testing and proving the commercial viability of extraction.
- This technology has certain advantages in terms of speed, quality, and environmental friendliness. It comes in handy to meet domestic production requirements in a sector where China dominates.
- The Canadian company's partnership with German Lanxess is a strong positive in advancing to the commercial phase.
- Millions of dollars of revenues are possible with the joint venture.
- Despite the surge in stock price, it is unlikely for the shares to fall as there are many factors, including the strategic dimension justifying the high valuations.
For further details see:
Standard Lithium: High Valuations Justified For A Strategic Resource