Standard Lithium Files Technical Report for Economic Study on the Franklin Project in Texas
MT newswire2026/10/20 12:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:20 AM EDT, 10/20/2026 (MT Newswires) -- Standard Lithium (SLI.V) filed its preliminary economic assessment technical report on the Franklin project in Texas, the company said Tuesday. The study includes a pre-tax net present value of $5.9 billion, a 25.7% internal rate of return and a three-year payback period. The assessment also projected an annual production capacity of up to 70,000 tonnes of lithium carbonate and 1.29 million tonnes of total lithium carbonate production over a 20-year operating life. Standard and partner Equinor (EQNR) will now move to carry out a preliminary feasibility study for the project. The company's shares closed up CA$0.03, or 1.5%, to CA$2.09 Monday on the TSX Venture Exchange.
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