Smackover Lithium Unveils Feasibility Study for Arkansas Project, Eyes 2028 Launch

Published: Sep 9, 2025 17:20

Save

Smackover Lithium, a joint venture between Canada’s Standard Lithium and Norway’s Equinor, has recently released the results of a definitive feasibility study for its lithium project in southwestern Arkansas. The project, which received a $225 million grant from the U.S. Department of Energy, plans to establish an environmentally sustainable production base with an annual capacity of 22,500 tonnes of battery-grade lithium carbonate. It is set to become the first commercial lithium production operation in the Smackover Formation.
The study indicates an average lithium concentration of 481 mg/L at the site, with a minimum operational lifespan of 20 years. The project demonstrates a pre-tax net present value of $1.7 billion and an internal rate of return of 20.2%. Total investment is estimated at $1.45 billion, with cash operating costs of $4,516 per tonne. Proven reserves stand at 447,000 tonnes of lithium carbonate equivalent, while total resources amount to 1.177 million tonnes. The company aims to achieve first production by 2028, positioning itself as a key contributor to the domestic supply of critical minerals in the United States.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth

On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State

4 hours ago

Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run

On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.

4 hours ago

750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational

On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.

4 hours ago