Project UpdateAug 10, 2026, 08:18 AM
Standard Lithium Advances SWA Project with NEPA Approval, Contracts
AI Summary
Standard Lithium reported its second quarter 2026 results, highlighting significant progress on its South West Arkansas (SWA) Project. The company concluded the federal government's NEPA review with a Finding of No Significant Impact and entered into two key construction contracts with S&B Engineers and Constructors and Wood Group USA. Standard Lithium remains on track for a Final Investment Decision and construction start in 2026, targeting first commercial production in 2029. The company also reported $137.3 million in cash and no debt as of June 30, 2026.
Key Highlights
- Concluded NEPA review for South West Arkansas (SWA) Project with a Finding of No Significant Impact.
- Signed EPCC agreement with S&B Engineers and Constructors for SWA Project's Central Processing Facility.
- Signed EPCM agreement with Wood Group USA for SWA Project's upstream well field portion.
- Remains on track for Final Investment Decision (FID) and construction start at SWA Project in 2026.
- Targets first commercial production of battery-quality lithium carbonate from SWA Project in 2029.
- Reported cash of $137.3 million and working capital of $137.1 million as of June 30, 2026.
- Achieved 1 million barrels of brine processed and 15,000 DLE cycles at the demonstration plant.
Price Impact
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