https://newsletter.mw.creamermedia.com
Construction|Energy|Environment|Manufacturing|PROJECT|Water
Construction|Energy|Environment|Manufacturing|PROJECT|Water
construction|energy|environment|manufacturing|project|water

Standard Lithium and Equinor secure $225m US grant to develop lithium extraction facility

17th January 2025

By: Reuters

  

Font size: - +

Standard Lithium said on Thursday SWA Lithium, a jointly owned unit with energy firm Equinor, has closed on a $225-million grant from the US Department of Energy (DoE).

The company said the grant, given by DoE's Office of Manufacturing & Energy Supply Chains, will support construction of Phase 1 of the South West Arkansas (SWA) project, which is expected to be one of the world’s first commercial-scale direct lithium extraction (DLE) facilities.

DLE is described as a faster, more efficient and more environment-friendly process of extracting lithium, compared with traditional methods which are slow, use excess water and cause habitat disruption.

The project is located in the Lafayette and Columbia counties of Arkansas and is expected to produce 45 000 t/y of lithium carbonate, developed in two phases of 22 500 t each.

SWA Lithium, owned 55% by Standard Lithium and 45% by Equinor, is targeting a final investment decision by the end of 2025 with Phase 1 production commencing as soon as 2028, the lithium firm said in a statement.

Edited by Reuters

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 17 January 2025
Magazine round up | 17 January 2025
17th January 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.203 0.276s - 143pq - 2rq
Subscribe Now