SLI is making big moves today. Find out why the stock is trading 14% higher:

Shares of Standard Lithium (SLI) are trading 14% higher at a price of $5.26 at the time of this writing. The stock was heavily outperforming peers in the materials sectors today, although there was no clear catalyst for the outperformance at the time of this writing.

Standard Lithium has been trading between a 52-week high of $12.92 and a 52-week low of $3.8. The stock has a market cap of $875 Million.

Standard Lithium is an innovative technology and lithium development company. The company's flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS' South Plant facility in southern Arkansas.