Equinor
Smackover Lithium Signs First Offtake Client for South Arkansas Project
The deal with Trafigura Trading LLC of Houston represents more than 40% of targeted offtake commitments. read more >
‘It’s Time to Build It’: Standard Lithium’s $1.5B Arkansas Plant Moves Closer to Reality
Backed by a $225 million federal grant, fresh equity, and interest from export credit agencies, the company's Smackover Lithium venture is preparing for a final investment decision on a plant in Lafayette County. read more >
by Kyle Massey -
⌚ The Week’s Top Stories in 60 Seconds
Here are the top five stories that resonated most with Arkansas Business readers this week. read more >
$1.4B Arkansas Lithium Plant Draws Closer to Reality
The joint venture between Standard Lithium and Equinor is now “ready to progress to a final investment decision.” read more >
Standard Lithium, Equinor Expand Lithium Project into Northeast Texas
Standard Lithium and Equinor’s joint venture reports top U.S. lithium brine grades in Texas, strengthening plans alongside Arkansas operations. read more >
by Kyle Massey -
Simmons Funds SPP; Lithium News Abounds
SPP landed $150M to advance its power market project as lithium giants including EnergyX, Chevron, and Standard Lithium expanded in Arkansas. read more >
by Kyle Massey -
State Approves Standard Lithium’s 2.5% Royalty Rate Proposal
Standard, which plans to build a $1.5 billion lithium plant near Lewisville in Lafayette County, argued that a higher rate would drive producers to Texas. read more >
by Kyle Massey -
Arkansas Oil & Gas Commission to Weigh New Lithium Royalty Proposal
Smackover Lithium LLC, a joint venture of Standard Lithium and Equinor, has applied for a 2.5% royalty rate on lithium brine. read more >
Oil & Gas Commission Designates Southwest Arkansas Brine Unit
Standard Lithium said the approval “sets the stage for establishing a royalty rate” for brine field owners sometime next month, a critical step toward commercial production. read more >
Top Stories of 2024
Interest rates, the top business story of 2023, moderated in 2024, but insurance costs continued to skyrocket, sending last year’s No. 3 story to the top of this year’s annual list. read more >
$450M for Arkansas — Maybe (Editorial)
A proposed $450 million federal infusion could supercharge the south Arkansas lithium industry. read more >
Standard Lithium, Tetra Announce Concrete Plans For Lithium Plants
Standard Lithium announced a new partnership to accelerate the development of their lithium plant, while Tetra Technologies announced plans to build a bromine and lithium plant near Lewisville. read more >
by Kyle Massey -
Standard Lithium Announces Partnership to Accelerate Arkansas Plant Development
The deal with the Equinox, of Stavanger, Norway, is worth up to $160 million. read more >