South West Arkansas project, US
Photo by ©Bloomberg
Name of the Project
South West Arkansas project.
Location
Lafayette and Columbia Counties, Arkansas, US.
Project Owner/s
Standard Lithium (55%) and Equinor (45%).
Project Description
The project’s design is being updated from its original preliminary feasibility study (PFS) to allow for a larger total output of 45 000 t/y of battery lithium carbonate, to be developed in two phases of 22 500 t each.
The central processing facility for Phase 1 is being designed to produce 22 500 t of battery-quality lithium carbonate using direct lithium extraction technology.
A definitive feasibility study and front-end engineering design are under way to support the proposed expansion of the project.
Potential Job Creation
In addition to creating up to 300 construction and 100 direct jobs, the project will significantly benefit the local community through infrastructure improvements, community health initiatives, educational partnerships and workforce development programmes.
Net Present Value/Internal Rate of Return
To be determined.
Capital Expenditure
The project received $225-million in funding from the US Department of Energy in September 2024, which will support the construction of the central processing facility for Phase 1 of the project.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
No information provided.
Contact Details for Project Information
Standard Lithium, tel +1 604 409 8154 or email info@standardlithium.com.
Equinor, tel +47 51 99 00 00 or email irpost@equinor.com.
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