Canada’s Standard Lithium Ltd. released positive results this week from a feasibility study that will allow the company to move ahead with a $365 million battery-grade lithium plant outside El Dorado, Arkansas.
The Vancouver-based company has been producing battery-quality lithium carbonate at a demonstration facility at the Lanxess South plant near El Dorado for three years. But Arkansas Business reported that the company’s announcement predicted commercial production will start in 2026, with Standard using direct lithium extraction methods to pull the element from Smackover Formation brine that has for years been mined for bromine by Lanxess, the German multinational chemical company.
The Smackover has attracted a lot of attention in lithium development in the past year or more.
Click here for Arkansas Business