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Standard Lithium (TSXV:SLI) receives Notice of Allowance for third U.S. patent application

Market News, Mining
TSXV:SLI
29 December 2022 08:45 (EDT)

Source: Standard Lithium.

Standard Lithium (SLI) has received an NOA for its final US Patent application.

The patent covers its Direct Lithium Extraction (DLE) process for recovering Lithium from brines.

The United States Patent and Trademark Office issued a Notice of Allowance (NOA) for Standard Lithium’s third U.S. patent application, serial no. 16/895,783 titled “Process for Recovering Lithium from Brines.” This third U.S. patent application is in addition to Standard Lithium’s other two U.S. patent applications for which Notices of Allowance have been issued by the USPTO titled “Process for Recovering Lithium from Brines.”

These three U.S. patent applications comprise a portion of Standard Lithium’s novel and proprietary technique for continuous Direct Lithium Extraction (DLE) from lithium brines.

A Notice of Allowance is issued by the USPTO after examination of a patent application and a determination that a patent should be granted from the application. Standard Lithium anticipates the issue of the formal registration of this third U.S. patent application in the coming months.

Dr. Andy Robinson, Standard Lithium’s President and COO, commented on the news.

“We are pleased to have received the Notice of Allowance for the final U.S. patent application of the Company’s lithium extraction technology. We will continue to strengthen our IP portfolio, but more importantly, we are actively advancing our south Arkansas lithium projects and doing so by applying sustainable, scalable and fully-integrated modern processing technologies to unlock new U.S. commercial lithium production.”

Standard Lithium Ltd. is a leading pre-commercial lithium development company with a portfolio of projects in progress.

Standard Lithium Ltd. (SLI) opened trading at $3.02.


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