Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the South West Arkansas Project and the Phase 1A Project located in southern Arkansas; and Lanxess Property Project centers on the development of the Lanxess 1A Project , the first commercial lithium extraction initiative on the extensive brine in Arkansas. The Company is also in partnership with Equinor, is developing prospective lithium brine areas within the Smackover Formation in East Texas The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd. in December 2016. The company was incorporated in 1998 and is headquartered in Vancouver, Canada.