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cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
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re: Diving deeper on Standard Lithium?
is there a compelling reason why albemarle couldn’t just swallow standard lithium whole? Or roll over and squash them?

I mean, lithium is their business and southern AR is their turf


Woodbird
Louisiana Tech Fan
Member since Jun 2017
240 posts

The Standard Lithium demonstration plant is onsite at one of Lanxess’ plants in South Arkansas extracting Lithium from Lanxess tail brine before they pump back down hole. Lanxess and Albemarle are direct competitors. I don’t know what the agreement between Lanxess and Standard Lithium is but there has to be an agreement between the two since the full buildout which was mentioned in the article linked above will be at the Lanxess facilities. I’m not sure if Standard Lithium has the capital to build those facilities or if Lanxess would buy them out, etc but I’m sure there’s a deal made that is clear on what the next steps are between the two should the demonstration plant prove viable.

Regarding squashing them, my understanding is the Standard Lithium technology is a proprietary technology they’ve discovered. The Lithium being present in the tail brine isn’t new news...just how they are processing it once they extract it. Albemarle’s South Arkansas facility is pumping tailbrine with trace lithium back in the ground every day. I’m sure if they had the technology to process it then they would love to extract it and do so.
This post was edited on 9/16 at 9:03 pm


eng08
LSU Fan
Member since Jan 2013
5659 posts

Yes, likely.


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SmackoverHawg
Arkansas Fan
Member since Oct 2011
25134 posts

quote:

is there a compelling reason why albemarle couldn’t just swallow standard lithium whole? Or roll over and squash them?

I mean, lithium is their business and southern AR is their turf



Because Standard Lithium is partnered with Lanxess. And Lanxess has agreed to foot the bill for the megaplant. Albermarle went with a different group. Standard Lithium chose Lanxess because they had more brine locally with Tetra's at higher concentrations than Albermarle's. Lithium is not their business in south Arkansas. Lanxess is the big dog here. Albermarle bigger worldwide. Standard lithium is tied to Lanxess. Unless Albermarle wants to swallow the 3rd largest chemical company in Europe, they ain't touching STHLF.
This post was edited on 9/16 at 11:07 pm


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SmackoverHawg
Arkansas Fan
Member since Oct 2011
25134 posts

quote:

I’m not sure if Standard Lithium has the capital to build those facilities or if Lanxess would buy them out, etc but I’m sure there’s a deal made that is clear on what the next steps are between the two should the demonstration plant prove viable.

Don't have to. They just had to fund the demo plant. Lanxess will fund the rest.


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SmackoverHawg
Arkansas Fan
Member since Oct 2011
25134 posts

quote:

Yea I think the mention of Albemarle/DOE mentioned in the same article as Standard Lithium caused the confusion.



Could be. It was local news from El Dorado and just a short little sound bite. But it did seem to coincide with the recent jump the past two days.


eng08
LSU Fan
Member since Jan 2013
5659 posts

They shipped their solution to Canada lab site ~ 2 weeks ago, if it’s working they should know now.


cgrand
New Orleans Pelicans Fan
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Member since Oct 2009
32103 posts
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+10% thus far today


Auburn1968
Auburn Fan
NYC
Member since Mar 2019
11463 posts

If they can extract lithium at a fraction of the cost of current methods, they and their partners will own that market.


SmackoverHawg
Arkansas Fan
Member since Oct 2011
25134 posts

Not to mention that it will be the only “green” way to extract lithium. Zero environmental impact because they are simply extracting the lithium before the brine is reinjected. So the water will actually be cleaner than currently is.


Ballstein32
Auburn Fan
Member since May 2020
341 posts

LINK

Standard Lithium Ltd., an innovative technology and lithium project development company, marks the commencement of operations at the company’s LiSTR Direct Lithium Extraction facility, with a virtual ribbon cutting event and video tour that includes a walk-through of the plant and extraction technology.

Who: Co-hosted by Robert Mintak, CEO and Dr. Andy Robinson COO of Standard Lithium, and project partner LANXESS USA CEO Antonis Papadourakis. Remarks by Arkansas Governor, Asa Hutchinson, Senators John Boozman and Tom Cotton, member of Congress Bruce Westerman, local officials and other stakeholders. What: The successful commissioning and commencement of operations of this global “first-of-its-kind” industrial-scale Direct Lithium Extraction demonstration plant is the culmination of three years of dedicated work. Lithium is an integral component of batteries for electric vehicles (EV). As EV purchases have rocketed so has the need for batteries, which in turn is fueling lithium demand. When: Monday, September 21 at 2 pm ET – Ribbon Cutting event


el Gaucho
LA-Lafayette Fan
bawcomville
Member since Dec 2010
45876 posts

If I buy this now will I be a bag holder?


Ballstein32
Auburn Fan
Member since May 2020
341 posts

Lol. I'm not Nostradamus. I wish I could say yes and be 100% right.

I do think this stock has potential though....


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
32103 posts
 Online 

I bought it at a dollar.
it immediately fell 30%, now it’s up 60% from there

on these penny stocks it’s all about entry.
personally I would wait for it to come back to around $1


jimjackandjose
Member since Jun 2011
5798 posts
 Online 

1 dollar seems to be the bottom last little bit.

I bought and sold and then bought back at a dollar. Havent sold this time around with great gains because if this trial goes well, I could see this racing. Most likely getting bought out


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el Gaucho
LA-Lafayette Fan
bawcomville
Member since Dec 2010
45876 posts

This sounds like good advice


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
32103 posts
 Online 

lesson #47 don’t listen to me
it’s up another 10% today LOL

I have to say I’m pretty pleasantly shocked. I’m up 50% on a small position


SmackoverHawg
Arkansas Fan
Member since Oct 2011
25134 posts

They should be getting close to a release about the success of the conversion of the lithium they shipped to Canada for final processing. Canada closing the border has slowed things down.


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Ballstein32
Auburn Fan
Member since May 2020
341 posts

I've been following Standard Lithium since the first thread came up way back in the spring. Bought some at .79 and sold around .90 after it didn't really do anything for awhile. I bought back in at 1.01 and gonna hold long term now I think.

I wouldn't say I'm shocked at the increase though. From all accounts they have a really good thing going and with the US (and global) demand increasing I really think they can capitalize on how quickly they can extract the lithium chloride.

A concern of mine though, is why would tesla partner with a company like PLL to produce lithium for them but the mine in North Carolina won't be operational until 2022?
LINK /
This post was edited on 9/30 at 1:38 pm


F73ME
LSU Fan
SE LA
Member since May 2018
728 posts

How the hell do I buy some? Chase won't let me do it through their app because they call it a penny stock, and robinhood can't find the stock symbol.


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