The company is also working with Koch Technology Solutions at the Demonstration Plant in Union County to advance Direct Lithium Extraction technology. In governance developments, Standard Lithium has appointed Karen G. Narwold to its board of directors, bringing over three decades of executive leadership experience, including her recent role at Albemarle Corporation. CEO David Park and Non-Executive Chairman Robert Cross have expressed confidence in Narwold's ability to enhance the company's growth. Standard Lithium continues to focus on its flagship projects in the Smackover Formation, leveraging its partnership with Equinor for the SWA Project and with LANXESS Corporation for the Phase 1A project. The company plans to hold a conference call to discuss its financial results for the six-month period ending December 31, 2024.