South West Arkansas (SWA) Lithium Project

planned

The SWA Project is a lithium extraction project focused on producing battery-quality lithium carbonate from high-grade lithium brine resources in the Smackover Formation in southern Arkansas. The project plans an initial production capacity of 22,500 tonnes per year of lithium carbonate with proven reserves of 447,000 tonnes LCE over a 20-year life. The project is advancing towards a final investment decision (FID) in 2026, with construction targeted to start the same year and first commercial production expected in 2029. The project has secured over $1 billion in senior secured project debt interest and a binding 10-year offtake agreement with Trafigura for 8,000 tonnes per year of lithium carbonate.