Standard Lithium Ltd. and Equinor announced Thursday, January 16, 2025 that its jointly-owned U.S. subsidiary, SWA Lithium LLC, has closed the $225 million grant from the U.S. Department of Energy’s Office of Manufacturing & Energy Supply Chains.
The grant will support construction of Phase 1 of the South West Arkansas project in Lafayette and Columbia counties.
“Closing of the DOE grant is a testament to the caliber of the South West Arkansas project,” said David Park, CEO and director of Standard Lithium. “SWA is one of the highest-grade lithium brine projects in North America, and through the use of DLE technology, a near-term, sustainable opportunity to help secure America’s domestic lithium supply chain.”
CLICK HERE to read the full story for free at magnoliareporter.com.
Discover more from
Subscribe to get the latest posts sent to your email.
