Smackover Lithium Franklin Project

planned

The Smackover Lithium Franklin project is a large-scale lithium brine development spanning 80,000 acres in northeast Texas, covering multiple counties including Titus, Franklin, and Hopkins. It leverages the Upper and Middle Smackover Formation aquifers for lithium extraction using Direct Lithium Extraction technology. The project has an inferred lithium resource of 2.16 million tonnes of lithium carbonate equivalent and includes significant co-products such as potash and bromide. It is a joint venture between Standard Lithium Ltd. and Equinor ASA, with Equinor committing $160 million in investment. The project aims for over 100,000 tonnes annual lithium chemical production through a multi-phase development approach, including expanded drilling, feasibility studies, permitting, pilot plant operations, and commercial facility construction.