SLI News & Events

Smackover Lithium, a partnership between Standard Lithium (SLI) and Equinor (EQNR), through subsidiaries of Equinor ASA, announced that it has entered into an engineering, procurement, construction and commissioning agreement with S&B Engineers and Constructors for the Central Processing Facility for the South West Arkansas Project, SWA Project. Dr. Andy Robinson, President and COO of Standard Lithium stated, "We are excited to be working with S&B and Hatch who bring deep project experience and share our commitment to safety, operational excellence and disciplined project delivery. This partnership reflects the significant progress we have made in engineering and Project definition and positions us to move forward with greater cost and schedule visibility and execution confidence."

Smackover Lithium, a partnership between Standard Lithium (SLI) and Equinor (EQNR), announced that the U.S. Department of Energy, or DOE, has concluded its review of the South West Arkansas Project, or SWA project, under the National Environmental Policy Act, or NEPA. The DOE issued a finding of no significant impact, or FONSI, based on the Environmental Assessment prepared and did not impose any further mitigation measures or conditions on the project. Receipt of a FONSI marks the completion of the U.S. federal government's NEPA review process for the SWA project, which was required in connection with the awarding of a $225M grant from the DOE's Office of Critical Minerals and Energy Innovation to support development of the initial phase of the project. The DOE grant was awarded in January 2025. The project was assisted in this timely review process by its designation as a priority critical mineral project in the Fast-41 Program under Executive Order 14241: Immediate Measures to Increase American Mineral Production. There are no further federal government reviews or approvals expected in order to take a final investment decision for the project. Smackover Lithium continues advancing key construction contracts, customer offtake and project financing workstreams required ahead of final investment decision for the SWA project. Further updates on these efforts will be provided as progress is made and deliverables are achieved. The partnership expects to take final investment decision and begin construction in 2026, and to achieve first commercial production in 2029.