lithium
![A Standard Lithium employee at its demonstration plant in El Dorado. [Madison Ogle] ]](https://arkansasbusiness.wppcdn.com/wp-content/uploads/2024/12/2023.7.20_Standard_Lithium-20_opt-300x194.jpg)
$225M Federal Grant Closes for Building Arkansas Lithium Plant
David Park, CEO of Standard Lithium, called the grant a major milestone for a project nearly 10 years in the making. read more >
by Kyle Massey -
State Regulators Reject Proposed Lithium Royalty Rate
The decision was unanimous, with Arkansas Oil & Gas Commission members saying the companies failed to prove the rate was fair and equitable. The companies argued that higher royalties could threaten their billion-dollar investment plans. read more >
by Kyle Massey -
Arkansas Oil & Gas Commission Keeps Albemarle in Lithium Royalties Dispute
The commission disregarded an administrative law judge’s recommendation to consider dropping Albemarle from the application. read more >
by Kyle Massey -
Startup Junkie to Lead Regional Lithium Center
The federal Small Business Administration selected Startup Junkie to direct the public-private initiative. read more >
Ellie Baker to Manage Albemarle Land Relationships in Magnolia
She previously was the city of Magnolia’s economic development director, and her hiring signals the company’s effort to improve community engagement and work with brine leaseholders in south Arkansas. read more >
Robert Reynolds on the Lithium Royalty Debate
Reynolds is president of Shuler Drilling in El Dorado and president of the South Arkansas Minerals Association. read more >
A Fair Rate for Lithium (Editorial)
The state must set a fair rate for lithium royalties for the industry to develop to its full potential. read more >
AAEA Offers Economic Development Program
The EACH Initiative will help city and county leaders by providing critical resources, support and capacity-building opportunities. The idea is to overcome constrained budgets and challenges that seem overwhelming, Waldrip said. read more >
by Kyle Massey -
Energy Leadership Requires Partnerships (Rep. Rick Beck and Sen. Ben Gilmore Commentary)
Arkansas has vast potential to develop a lithium industry, but making it happen will require collaboration and investment in infrastructure. read more >
by Rick Beck, Ben Gilmore -
Oil Glut by 2030? Electric Vehicles May Answer
Spare capacity — the amount that oil producers could be pumping but don’t because supplies are adequate — could rise to levels seen in the COVID pandemic, when millions of cars were sitting parked. read more >
by Kyle Massey -
TerraVolta Announces Investment, Lithium Well in Smackover Formation
The Houston-based company is backed by the private Energy & Minerals Group, a major global investor in natural resources. read more >
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 >
Update: Companies Withdraw Plan to Set Arkansas Lithium Royalties
The topic had been scheduled for discussion at an April 23 meeting of the Arkansas Oil and Gas Commission in El Dorado. read more >
by Kyle Massey -
Bringing In the Brine: South Arkansas Lithium Projects Face Engineering Challenges
Companies have invested hundreds of millions to create an Arkansas lithium industry, the infrastructure for which will be costly.
read more >
by Kyle Massey -
Oil & Gas Commission to Revisit Lithium Royalties at April Meeting
Companies working to extract commercial lithium products from underground brine are looking for price clarity. read more >
Arkansas Lithium Is Now a Reality
The only remaining question is this: How big will the industry’s potential be? read more >
by Kyle Massey -
Arkansas Year in Review: Top 10 Business Stories of 2023
Businesses and consumers in Arkansas and the rest of the country spent 2023 in the shadow of rising interest rates. Businesses dealt with other adversity, including rising insurance rates and a deadly March tornado. Other stories this year were more hopeful.
read more >
Standard Lithium Boasts Test Plant Results Near El Dorado
The publicly traded Canadian company said two tests show that its lithium extraction process is "ready to scale." read more >
by Kyle Massey -
Exxon Mobil Dives Into South Arkansas
Commercializing lithium should be natural for the Natural State, Gov. Sarah Huckabee Sanders said last week as Exxon Mobil Corp. announced the start of major brine operations in south Arkansas. read more >
by Kyle Massey -
New Standard Lithium Well Produces Record Lithium Concentrations
The well in east Texas is the latest of the company's projects in the Smackover geological formation. read more >
by Kyle Massey -
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