Lonestar Lithium Ltd. (“Lonestar” or the “Company”) is a privately-held developer of lithium brine projects focused on the Smackover Formation in East Texas, USA. At present, the Company is focused on acquiring leases with a plan to then aggressively its land position to a production decision. As opposed to extracting lithium from conventional hardrock deposits or large evaporation ponds, or salars, Lonestar is focused on extracting lithium from brines using emerging direct lithium extraction, or “DLE”, technologies, which is a significantly more environmentally-friendly method of producing lithium.
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