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Standard Lithium Ltd. announced a Preliminary Economic Assessment for the Franklin Project, its first lithium…
SLIStandard Lithium Ltd.
Standard Lithium Ltd. announced a Preliminary Economic Assessment for the Franklin Project, its first lithium development in East Texas via the Smackover Lithium partnership with Equinor. The study outlines an unlevered after-tax NPV of $5.0 billion and an IRR of 24% based on up to 70,000 tonnes per year of battery-quality lithium carbonate production over a 20-year life. Initial CAPEX is estimated at $3.5 billion with average annual cash operating costs of $4,226 per tonne. The project leverages Direct Lithium Extraction technology similar to the South West Arkansas Project and includes upgraded mineral resources containing significant bromide and potash potential. Standard Lithium operates in the critical minerals sector, developing lithium brine extraction projects.