Smackover Formation

Chevron has acquired more than 100,000 acres across the Smackover geological formation. read more >

State regulators set a 2.5% royalty rate for lithium, clearing the way for Standard Lithium’s $1.5 billion project and a new energy era in south Arkansas. read more >

Smackover Lithium LLC, a joint venture of Standard Lithium and Equinor, has applied for a 2.5% royalty rate on lithium brine. read more >

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 >

The commission disregarded an administrative law judge’s recommendation to consider dropping Albemarle from the application. read more >

Arkansas has vast potential to develop a lithium industry, but making it happen will require collaboration and investment in infrastructure. read more >

The Houston-based company is backed by the private Energy &  Minerals Group, a major global investor in natural resources. read more >

The deal with the Equinox, of Stavanger, Norway, is worth up to $160 million. read more >

The publicly traded Canadian company said two tests show that its lithium extraction process is "ready to scale." read more >

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 >

The well in east Texas is the latest of the company's projects in the Smackover geological formation. read more >

Some of the people paying closest attention to the birth of a lithium industry in south Arkansas are the landowners with mineral rights leased out for their underground brine. read more >

BNP Paribas is the European Union’s leading bank and key player in international banking. read more >

The deal, in which the companies will share data and together develop and commercialize lithium brine processing flow sheets for Standard’s use in the region, forges another bond with subsidiaries of Koch Industries of Wichita, a significant investor in the project. read more >

The company, based in Vancouver, has been refining battery-ready lithium products at two test plants in El Dorado. read more >

Samples have yielded the highest confirmed levels of the element ever found in North American brine, the company said. read more >

The trove may hold enough lithium to produce batteries for 50 million electric cars, Galvanic President & CEO Brent Wilson told Arkansas Business. read more >