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Select Water Solutions, Inc. Class A common stock (WTTR)

14.22
-0.19 (-1.32%)
NYSE · Last Trade: Feb 20th, 3:51 AM EST
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Select Water Solutions and LibertyStream Infrastructure Partners Announce Definitive Agreement to Build Out Commercial Lithium Carbonate Production Units in Texas; First 1,000‑Tonne Facility Slated for Commissioning by December 2026
Select Water Solutions Inc. (“Select”, NYSE: WTTR) and LibertyStream Infrastructure Partners Inc. (“LibertyStream”, TSXV: LIB | OTCQB: VLTLF | FSE: I2D) are pleased to announce that the companies have entered into a definitive agreement to deploy commercial lithium carbonate production facilities (“Carbonate Facilities”) at Select’s water treatment and recycling sites (“Select Facilities” or “Select Facility”) in the Midland Basin, Texas. The agreement outlines a three-stage development program for these Carbonate Facilities, with the initial phase (“Stage 1 Carbonate Facility”) scheduled for commissioning by the end of December 2026. The Stage 1 Carbonate Facility will have a production capacity of up to 1,000 tonnes of lithium carbonate per year for sale to U.S. customers and will be located at an existing Select Facility in Howard County, Texas.