Trump admin completes permitting for Arkansas lithium project, targeting 22,500 tonnes annually by 2029 to rebuild US critical mineral supply.
Company Profile
Standard Lithium
About Standard Lithium
Standard Lithium Ltd is a near-commercial lithium development company headquartered in Vancouver, Canada, dual-listed on the NYSE American and TSX Venture Exchange under the ticker SLI. The company is advancing a portfolio of large, high-grade lithium-brine properties in the Smackover Formation across Arkansas and Texas, a world-class brine resource described as North America’s leading lithium-brine play with concentrations comparable to producing regions in Argentina and Chile. Its flagship South West Arkansas Project is developed through Smackover Lithium, a joint venture formed in 2024 between Standard Lithium (55%) and Equinor (45%), using direct lithium extraction (DLE) technology. A definitive feasibility study contemplates production of about 22,500 tonnes per annum of battery-quality lithium carbonate over a 20-year operating life, drawing on proven reserves of around 447,000 tonnes of lithium carbonate equivalent. The project has received key Arkansas Oil and Gas Commission approvals and is advancing toward a final investment decision.
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Recent Articles
Chevron acquires 125,000 acres of Smackover Formation lithium brine rights, betting on direct extraction to transform oil basins into battery infrastructure.
Energy Fuels demonstrates strategic positioning in critical minerals supply chain at Colorado School of Mines symposium, highlighting US mineral independence e…
President Trump's FAST-41 initiative aims to accelerate 10 U.S. mining projects, addressing critical mineral independence and reducing reliance on China.
Southwest Arkansas faces a lithium boom promising economic growth, while Black communities grapple with environmental risks and historical inequities in resour…