Standard Lithium Advances Projects Despite Wider Q3 Loss

Standard Lithium Ltd. (SLI) reported a net loss of $6.1 million in Q3, wider than the $4.8 million loss in the same quarter last year. Despite the miss, shares edged higher as investors focused on key operational milestones, including the completion of a Definitive Feasibility Study for its South West Arkansas Project and record lithium-in-brine grades in North America. The company also closed an upsized $130 million underwritten public follow-on equity offering to fund capital expenditures.