08:49 AM EDT, 10/28/2024 (MT Newswires) -- The Standard Lithium ( SLI ) and Equinor ( EQNR ) joint venture SWA Lithium said Monday it signed a license agreement with Koch Technology Solutions to implement its Li-Pro Lithium Selective Sorption technology at the South West Arkansas Project's phase 1 commercial plant.

The deal covers the technology's use throughout phase 1, with an option to extend to future project phases, SWA Lithium said.

Financial terms were not disclosed.

Standard Lithium ( SLI ) shares were more than 3% higher in recent premarket activity.

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