Curated News
By: NewsRamp Editorial Staff
April 22, 2025
Standard Lithium's South West Arkansas Project Named Priority Critical Mineral Production Project
TLDR
- Standard Lithium's South West Arkansas Project named critical mineral production project by President Trump, gaining expedited permitting and federal backing.
- Standard Lithium focuses on developing high-grade lithium-brine properties with DLE and purification process, aiming for sustainable commercial-scale production.
- Standard Lithium's project aligns with national goals for energy independence, reducing reliance on foreign supply chains, contributing to a more sustainable future.
- Standard Lithium's Direct Lithium Extraction initiative stands out as one of only three U.S. lithium projects, offering an innovative approach to lithium production.
Impact - Why it Matters
This news highlights the significance of Standard Lithium's project, showcasing its strategic importance in the push for energy independence and reduced reliance on foreign supply chains. The designation as a priority critical mineral production project underlines the potential for expedited permitting and heightened federal support, positioning the company at the forefront of sustainable lithium development.
Summary
Standard Lithium (NYSE American: SLI) announced that its South West Arkansas Project, developed through its Smackover Lithium joint venture with Equinor, has been named a priority critical mineral production project under Executive Order 14241, issued by President Trump. The project was selected by the Federal Permitting Improvement Steering Council, marking it as one of only three U.S. lithium projects—and the only Direct Lithium Extraction initiative—granted this designation. The recognition supports expedited permitting and increased federal backing, aligning with national goals for energy independence and reduced reliance on foreign supply chains.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Standard Lithium's South West Arkansas Project Named Priority Critical Mineral Production Project
