Standard Lithium Direct Lithium Extraction Project
Sector: Energy Storage • Location: Arkansas, United States
Source: KATV
Standard Lithium is advancing a direct-lithium-extraction (DLE) project in South Arkansas to extract lithium from the Smackover Formation, a brine reservoir beneath southern Arkansas. The project aims to become one of the first commercial DLE operations in the U.S., providing a domestic supply of lithium for electric vehicles and battery supply chains. The DLE process, developed with Koch Technolo
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Participants
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Company | Obfuscated Data |
Status
Original status | advanced design and permitting stage |
Taiyo status | Obfuscated Data |
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Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Standard Lithium is advancing a direct-lithium-extraction (DLE) project in South Arkansas to extract lithium from the Smackover Formation, a brine reservoir beneath southern Arkansas. The project aims to become one of the first commercial DLE operations in the U.S., providing a domestic supply of lithium for electric vehicles and battery supply chains. The DLE process, developed with Koch Technology Solutions and Equinor, offers a faster and cleaner alternative to traditional mining. The project has received a $225 million grant from the U.S. Department of Energy and is on the federal fast-track permitting list. Standard Lithium is also negotiating up to $1 billion in project financing with international lenders and export credit agencies. The project promises economic benefits including new high-skilled jobs and investments in rural communities in South Arkansas. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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