Blockchain Registration Transaction Record

Standard Lithium & Equinor JV Wins Key Arkansas Approval for Major Lithium Project

Standard Lithium & Equinor JV secures Arkansas regulatory approval for major lithium project producing 22,500 tonnes annually from 2028, boosting US battery supply chain.

Standard Lithium & Equinor JV Wins Key Arkansas Approval for Major Lithium Project

This regulatory approval represents a significant step forward in establishing domestic lithium production capacity at a time when global demand for battery metals is surging due to the electric vehicle revolution and clean energy transition. The South West Arkansas Project's planned annual production of 22,500 tonnes of battery-quality lithium carbonate would substantially contribute to reducing America's reliance on foreign lithium sources, particularly from China, which currently dominates the global lithium processing market. For consumers, this development supports the broader availability and potential cost reduction of electric vehicles and energy storage systems, while creating jobs and economic opportunities in Arkansas. The project's use of innovative Direct Lithium Extraction technology also represents a more environmentally sustainable approach to lithium production compared to traditional mining methods, addressing growing concerns about the environmental impact of battery material sourcing.

BlockchainDetails
Contract Address0xeA2912a8DA1CD48401b10cB283585874d98098F4
Transaction ID0x3d2c8cf4e6781c4d910c860e67dd86bf213bad09ea17178a72eb640da67f7ddb
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
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