NEWS
U.S. Department of Energy Selects Standard Lithium and Equinor for Award Negotiation of Up to $225 Million for South West Arkansas Project
Standard Lithium and Equinor have been selected for up to $225 millionaward negotiation from the U.S. Department of Energy for their South West Arkansas lithium project. This funding will support the construction of a Central Processing Facility designed to produce 22,500 tonnes of battery-quality lithium carbonate annually using Direct Lithium Extraction technology.
The project, owned 55% by Standard Lithium and 45% by Equinor, is being expanded to target a total output of 45,000 tonnes per annum of lithium carbonate in two phases. Located in Lafayette and Columbia Counties, Arkansas, the project is expected to create up to 300 construction and 100 direct jobs, while benefiting the local community through infrastructure improvements and various development programs.
This selection is part of the DOE's efforts to expand domestic manufacturing of battery supply chain components and increase critical mineral production in the U.S.
The project, owned 55% by Standard Lithium and 45% by Equinor, is being expanded to target a total output of 45,000 tonnes per annum of lithium carbonate in two phases. Located in Lafayette and Columbia Counties, Arkansas, the project is expected to create up to 300 construction and 100 direct jobs, while benefiting the local community through infrastructure improvements and various development programs.
This selection is part of the DOE's efforts to expand domestic manufacturing of battery supply chain components and increase critical mineral production in the U.S.
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