Standard Lithium (NYSE American: SLI), through its 55:45 joint venture with Equinor known as Smackover Lithium, announced unanimous approval from the Arkansas Oil and Gas Commission (AOGC) for its Integration Application covering the Reynolds Brine Unit, the site of the JV’s flagship South West Arkansas (SWA) Project. The decision finalizes a major regulatory milestone, ensuring access to the 20,854-acre brine production area while protecting mineral owners’ rights and de-risking the project’s resource base. The SWA Project, which plans to produce 22,500 tonnes of battery-quality lithium carbonate annually beginning in 2028, previously received unanimous AOGC approval for unitization and a 2.5% lithium royalty—the first of its kind in Arkansas.
To view the full press release, visit https://ibn.fm/iYLV7
About Standard Lithium
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by high-grade resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated DLE and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the SWA Project, a greenfield project located in southern Arkansas, and actively advancing a promising lithium brine resource position in East Texas.
NOTE TO INVESTORS: The latest news and updates relating to SLI are available in the company’s newsroom at https://ibn.fm/SLI
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