5/11/2026

speaker
Operator
Conference Operator

Ladies and gentlemen, thank you for standing by and welcome to Standard Lithium's first quarter 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a brief question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. It is now my pleasure to turn today's call over to Daniel Rosen, VP of Investor Relations and Strategy for Standard Lithium. Please go ahead.

speaker
Daniel Rosen
VP of Investor Relations and Strategy

Thank you, and welcome, everyone. I'm joined today by David Park, our CEO and Director, Andy Robinson, President, COO, and Director, Salah Ghamoudi, Chief Financial Officer, and Mike Barman, Chief Development Officer. Before we begin, I would like to start with a reminder that some of the statements made during our call today, including any related to company performance, expectations, and timing of projects, may constitute forward-looking statements. Please note the cautionary language about forward-looking statements contained in our press release, which also applies to this call. I will now turn the call over to David.

speaker
David Park
CEO and Director

Thanks, Dan, and I appreciate everyone joining us today. We've had an active first quarter and year to date as we continue to advance important milestones and deliverables of the company. We achieved major operational milestones at our demonstration plant in Arkansas, including the processing of over 1 million barrels of live smack over brine going back over the last six years. Our large scale demo plant is the first of its kind and is critical to everything we've been able to accomplish at Standard Lithium. It's provided a robust data set to support the scalability and de-risking of our selected process technology and flow sheet. It has also strengthened our first mover advantage within the SPAC over formation, where we have the only shovel ready project that's preparing to take a final investment decision, our Southwest Arkansas project. We've also been working diligently to advance the remaining work streams required prior to a final investment decision, and we've made meaningful progress on all fronts. In the first quarter, we announced our first binding commercial offtake agreement with Trafigura, a global commodities leader with an established presence across battery metals, including lithium. Smackover Lithium will supply Trafigura with 8,000 metric tons per year of battery-quality lithium carbonate over a 10-year period, beginning at the start of commercial production. We'll address the status of each of the remaining work streams and how it supports our overall plan, which remains to take FID at the Southwest Arkansas project and begin construction in 2026. And with that, I'll pass it over to Andy.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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