Standard Lithium Ltd. announced that its Carbon Capture Pilot Plant has been successfully installed at the final testing location in southern Arkansas. The Carbon Capture Pilot Plant will assess the technical and financial viability of capturing CO directly from natural gas burning flue-gas streams, and will inform how Standard Lithium can use technology to minimize CO emissions at future production facilities. This pilot testing supports the Company's wider Carbon Capture Utilization and Sequestration strategy, and will be integrated with ongoing work to understand how captured carbon can be utilized in the Company's lithium brine processing flowsheet, and potentially in permanent geological sequestration.

Standard Lithium is one of the owners of this novel carbon capture technology via a $2.5 million equity investment in Aqualung Carbon Capture AS. The Carbon Capture Pilot Plant was designed and constructed in the United Kingdom by Standard Lithium's partner, Aqualung. Following initial commissioning and testing with a CO -rich flue-gas stream, the plant was then shipped to the Gulf Coast and installed at the final testing location, a natural gas processing site in southern Arkansas that is owned and operated by Mission Creek Resources LLC.