10/20/2026
The positive Preliminary Economic Assessment (PEA) technical report has officially been filed for the Franklin Project. It highlights the globally significant size and quality of our first defined project area in the East Texas region of the Smackover Formation, which includes some of the highest lithium-in-brine concentrations reported in North America. It boasts annual production capacity of 70,000 tonnes per year of battery-quality lithium carbonate with an unlevered US$5.9 billion pre-tax NPV, a 25.7% pre-tax IRR and a payback of 3 years.
The Franklin Project is critical to unlocking the full potential of the Smackover Formation and developing a scalable domestic lithium supply chain. We’re excited about the opportunities ahead as we continue to advance our world class portfolio of assets alongside our partner, Equinor .
View the Franklin Project PEA technical report here:
https://www.standardlithium.com/news/press-releases/standard-lithium-files-positive-preliminary-economic-assessment-for-the-high-grade-70000-tonnes-per-year-franklin-project-in-east-texas