The Tesla of lithium extraction, aiming to produce the critical battery metal more efficiently and sustainably.

A developing Albemarle, but specializing in direct lithium extraction (DLE) technology to unlock lithium from brines.

• Battery-grade Lithium Carbonate: A refined lithium compound used as a critical raw material in the production of lithium-ion batteries for electric vehicles and energy storage.
• Battery-grade Lithium Hydroxide: A high-purity lithium compound essential for manufacturing advanced lithium-ion battery cathodes, particularly for high-performance electric vehicles.

• Lanxess AG (Symbol: LXS)
• Koch Technology Solutions (subsidiary of private Koch Industries)
• Veolia Water Technologies & Solutions (subsidiary of Veolia Environnement S.A., Symbol: VEO)
• Fluor Corporation (Symbol: FLR)

David Park, Chief Executive Officer

David Park was appointed CEO and Director of Standard Lithium in September 2024. He brings over 28 years of experience in the energy and industrial sectors. Prior to joining Standard Lithium, Mr. Park served as President of Koch Strategic Platforms, an investment arm of Koch Industries, which invested $100 million in Standard Lithium's South Arkansas project. He also held roles as Senior Vice President of Strategy and Business Development at Georgia-Pacific, LLC (a Koch Industries subsidiary) where he was responsible for new platform acquisitions, and as President of TrueNorth Energy and CFO of Koch's Canadian exploration and production, pipeline, and energy trading business. Early in his career, he worked as an International Business Development Specialist at Atomic Energy of Canada Ltd. Mr. Park played a significant role in securing the investment from Equinor for Standard Lithium's projects.

Salah Gamoudi, Chief Financial Officer

Salah Gamoudi was appointed Chief Financial Officer of Standard Lithium in October 2023. He most recently served as Executive Vice President and CFO of SandRidge Energy, Inc. from 2020 to 2023, during which time the company experienced a significant increase in value. Prior to SandRidge, Mr. Gamoudi held several senior executive roles at public natural resource exploration and production companies, assisting with turnarounds, restructurings, and an IPO. His experience also includes serving as Chief Accounting Officer for Jones Energy, Inc. and Remora Petroleum, LP, and as Controller for Glacier Oil & Gas Corp. and Miller Energy Resources. He began his career in various audit, accounting, risk management, and financial roles with LRR Energy, LP, Deloitte, and Ernst & Young.

Dr. Andy Robinson, President, COO & Director

Dr. Andy Robinson co-founded Standard Lithium in 2017 and has served as its President and Chief Operating Officer since April 2017. He is an experienced geoscientist with over 20 years of experience in the resource, power, and energy sectors across Europe, Africa, and North and South America. Dr. Robinson holds a Ph.D. in Geochemistry from the University of Bristol, UK. Before joining Standard Lithium, he was the Chief Operating Officer and a board member for Pure Energy Minerals, where he led the first Inferred Resource assessment for a North American lithium brine deposit and was instrumental in developing innovative exploration and processing techniques for lithium brine resources. He is recognized as a pioneer in lithium extraction and purification technology.

Michael Barman, Chief Development Officer

Michael Barman was appointed Chief Development Officer effective October 8, 2023. He brings nearly 20 years of experience advising senior executives and their boards, with a focus on the energy transition sector. Most recently, he was a Managing Director in Investment Banking at Stifel Nicolaus Canada Inc. (formerly GMP Securities L.P.). At Stifel, Mr. Barman advised on over 30 mergers, acquisitions, and other corporate transactions totaling more than $22 billion and led or co-led over 80 public and private financings, raising over $10 billion in equity and debt capital. He holds a Master of Financial Economics from the Rotman School of Management and the Department of Economics at the University of Toronto.

Daniel Rosen, Vice President of Strategy & Investor Relations

Daniel Rosen joined Standard Lithium in June 2025 as Vice President of Strategy and Investor Relations. He has over 13 years of experience in corporate strategy, finance, and capital markets. His previous roles include positions in Corporate Strategy, Mergers & Acquisitions, and Investor Relations for Rio Tinto, Arcadium Lithium, and Livent. Earlier in his career, he spent more than six years in the Investment Banking division at Barclays.

Key Risks to Standard Lithium (SLI)

1. Project Execution, Production Delays, and Funding Requirements: As a pre-revenue development-stage company, Standard Lithium faces significant risks related to the successful execution and timely completion of its large-scale lithium extraction projects. Delays and cost overruns in construction could necessitate substantial additional capital raises, leading to further dilution of existing shareholders.
2. Lithium Price Volatility: The company is exposed to the inherent volatility of lithium commodity prices. A sustained period of low lithium prices could negatively impact the economic viability of its projects, making it more challenging to secure financing and potentially delaying or hindering commercialization.
3. Technology Scale-Up and Operational Risks: Standard Lithium's business model relies on its proprietary Direct Lithium Extraction (DLE) technology. While a demonstration plant has been operational, scaling this technology to full commercial production introduces inherent operational and technical challenges and uncertainties.

The clear emerging threat to Standard Lithium is the entry of major, well-capitalized energy companies, such as ExxonMobil, into the Direct Lithium Extraction (DLE) market, particularly in Standard Lithium's key operating regions.

ExxonMobil, for instance, has publicly announced its intention to become a leading lithium producer by 2030, leveraging DLE technology in the Smackover formation in Arkansas. This is the same geological formation where Standard Lithium has its flagship projects (Lanxess collaboration and the South West Arkansas project). ExxonMobil brings immense financial resources, extensive experience in large-scale industrial project development, chemical processing, and established global supply chain expertise. Their aggressive entry into the DLE space in a key region for Standard Lithium represents a direct and formidable competitive threat, potentially leading to increased competition for resources, talent, and market share, and possibly accelerating the drive down of production costs by a larger, more integrated player.

Standard Lithium (SLI) primarily focuses on the production of battery-grade lithium carbonate and lithium hydroxide, utilizing Direct Lithium Extraction (DLE) technology for its projects. The company is also involved in the development of lithium sulfide for next-generation solid-state batteries.

Addressable Market Sizes:

• Global Lithium Market (for lithium carbonate and lithium hydroxide): The global lithium market was estimated at USD 28.08 billion in 2024 and is projected to reach USD 74.81 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 18.2% from 2025 to 2030. Another estimate valued the global lithium market at USD 37.43 billion in 2024, with a projection to reach USD 164.77 billion by 2033, demonstrating a CAGR of 17.9% during the forecast period (2025-2033).
• North America Lithium Market (for lithium carbonate and lithium hydroxide): The North America lithium market generated a revenue of USD 4,134.1 million in 2023 and is expected to grow at a CAGR of 9.4% from 2024 to 2030, reaching an estimated US$ 7,729.8 million by 2030. North America accounted for 13.0% of the global lithium market in 2023.
• North America Lithium-ion Battery Market (as an end-market for Standard Lithium's products): The North America lithium-ion battery market was estimated at USD 14.8 billion in 2023 and is projected to grow at a CAGR of 20.9% from 2024 to 2030, reaching USD 51.43 billion by 2030. Another report valued the North America Lithium-ion Battery Market at 385.19 USD billion in 2024, with a projection to reach 1,493.15 USD billion by 2032 at a CAGR of 24.50% from 2025 to 2032.
• Global Direct Lithium Extraction (DLE) Technology Services Market: The global Direct Lithium Extraction (DLE) technology services market was valued at approximately $500 million in 2022 and is projected to reach $2 billion by 2028, exhibiting a CAGR of more than 30%. Assuming a consistent CAGR of approximately 40%, the market size could reach approximately $15 billion by 2033. DLE supply is expected to increase to 526 kilometric tons (kt) of Lithium Carbonate Equivalent (LCE) by 2030 from 140 kt LCE in 2024.

Here are 3-5 expected drivers of future revenue growth for Standard Lithium (SLI) over the next 2-3 years:

1. Commencement of Commercial Production from the Southwest Arkansas (SWA) Project: Standard Lithium's flagship Southwest Arkansas (SWA) Project is anticipated to be a primary driver of future revenue. The company has completed a Definitive Feasibility Study (DFS) for the project, indicating its readiness for a Final Investment Decision (FID) by the end of 2025. Construction is expected to begin in 2026, with commercial production of 22,500 tonnes per annum of battery-quality lithium carbonate targeted for 2028. This project has also secured a significant $225 million grant from the U.S. Department of Energy, underscoring its strategic importance and providing substantial financial support for its development.
2. Initiation of Commercial Production from the Phase 1A Project with LANXESS: The Phase 1A project, a brownfield development in southern Arkansas in partnership with LANXESS Corporation, is expected to contribute to early revenue generation. This project is slated for early production in 2026 and is forecast to have an average annual production capacity of 5,400 tonnes of lithium carbonate.
3. Advancement and Future Commercialization of the Franklin Project in East Texas: The Franklin Project in East Texas represents a significant long-term growth opportunity. A maiden inferred resource report has been released for this project, highlighting substantial lithium and potash reserves. The project is noted for boasting some of the highest lithium-in-brine grades in North America, which could translate to favorable production economics and contribute to revenue growth in the future as it moves toward commercialization.
4. Increasing Global Demand and Favorable Pricing for Lithium Products: The broader market dynamics of increasing global demand for lithium are expected to significantly bolster Standard Lithium's revenue prospects. The company is strategically positioned to capitalize on the surging demand for lithium, which is primarily driven by the rapid growth of the electric vehicle (EV) industry and the expanding need for battery storage solutions. The lithium industry is projected to expand by 12.8% per annum until 2030, and optimistic analyst forecasts for lithium prices suggest a strong pricing environment for battery-grade lithium products, which would directly enhance revenues from Standard Lithium's production.