The miner spent C$14 million in exploration, which exceeds the C$10 million required to become Janice's majority owner.

Aim is to help mining exploration companies precision-target deposits beneath the Earth's surface in a way that changes the economics of discovery and increases the sustainable production.

No further work was done at the Mon mine until Sixty North mounted a five-hole drill program in 2016.

The project has an after-tax net present value with an 8% discount of C$512 million, and an internal rate of return of 16%.

Standard Lithium is also exploring opportunities to work with several Koch Industries subsidiaries in key areas of alignment with the its project development needs.

It will connect regional networks to become a collaborative, national innovation ecosystem under the leadership of the Centre for Excellence in Mining Innovation.