Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTC: STLHF) Aims to Meet Growing Lithium Demand through New Technology

New manufacturers are joining the race to design electric vehicles, accelerating a revolution in the car market that could result in strong lithium demand as a battery ingredient. Standard Lithium (TSX.V: SLL) (OTC: STLHF) is one of several companies that are innovating to meet this demand scenario by developing new technology that could unlock a major supply source untapped in Arkansas. Major producers Sociedad Química y Minera de Chile (NYSE: SQM) and Albemarle Corp. (NYSE: ALB) have already got permission by the Chilean government to carry out major expansions in the Atacama Desert to expand supply for the EV market. MGX Minerals, Inc. (CSE: XMG)(OTC: MGXMF) is working to develop a means to separate minerals from oilfield waste in order to meet surging demand from EV manufacturers such as Tesla, Inc (NASDAQ: TSLA).