Standard Lithium is trading at $1.56, up 5.90%, with the Franklin Project PEA filing the clearest same-day company catalyst. - The October 20, 2026 filing outlines capacity of up to 70,000 tonnes of battery-quality lithium carbonate annually. - The PEA estimates $5.9 billion pre-tax NPV, a 25.7% IRR and a three-year payback; it recommends advancing the project to a preliminary feasibility study. - The release does not explicitly link the move to the filing; broader indexes were mixed. PEA figures are preliminary and forward-looking.