MagnoliaReporter.com: Standard Lithium, Equinor will seek their own royalty rate for rebranded “Smackover Lithium” project

By MIKE McNEILL | magnoliareporter.com

STAMPS, Arkansas — Partners in a joint venture to produce lithium south of Lewisville will ask the state to set a royalty rate for their project, separate from negotiations under way by other potential lithium producers, property owners and the Arkansas Oil and Gas Commission.

That may have been the most important news from a public meeting held Wednesday, January 29, 2025 at Lafayette County High School featuring local officials for Standard Lithium and Equinor.

They are involved with a $1.5 billion project to extract brine from beneath Columbia and Lafayette counties, strip lithium from it, and then return the brine back into the massive Smackover Formation.

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