Standard Lithium Ltd. announced the appointment of Michael Barman as chief development officer, effective Oct. 8.
Barman has nearly 20 years of experience advising senior executives and their boards, most recently as a managing director in investment banking at Stifel Nicolaus Canada Inc. Barman will join Standard Lithium as they look to commercialize the first of its lithium projects in the U.S.
“Mike adds extensive and impressive commercial experience to our leadership team with his long career in advising and financing companies in the energy transition sector,” Robert Mintak, CEO and director of Standard Lithium, said in a press release. “His appointment is timely given the late-stage discussions underway with a broad array of industry leaders and household names on our portfolio of projects.”
Among Standard Lithium’s portfolio includes the Phase 1A and South West Arkansas projects located in the Smackover Formation. A pre-feasibility study for the South West Arkansas project demonstrated an after-tax net present value of more than $3.1 billion with at least 30,000 metric tons per annum (mtpa) of lithium hydroxide produced over a 20-year operating life. The recently completed Phase 1A definitive feasibility study contemplates production of 5,400 mtpa of lithium carbonate over a 25-year operating life and is expected to double U.S. lithium production beginning in 2026.
2023-11-10 - Owned by the federal government, Trans Mountain is targeting the start-up of the TMX expansion in first-quarter 2024.
2023-11-13 - TC Energy reported that its Canadian Coastal GasLink pipeline is mechanically complete, ahead of the company’s December target.
2023-12-08 - A close look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.
2023-09-20 - Enbridge will only consider expanding its Mainline pipeline capacity once the Canadian government-owned Trans Mountain expansion (TMX) project begins operations.
2023-12-05 - Despite a massive uptick in U.S. LNG exports since 2021, the Appalachia Basin remains a sleeping giant of production as politics, protests and litigation keep billions of cubic feet of natural gas cut off from world markets.