
Standard Lithium
Direct lithium extraction, DLE, Arkansas, Equinor partnership
Standard Lithium develops DLE for Smackover Formation brine in Arkansas. Equinor holds 45% of project companies. A $225M DOE grant supports construction for 22,500 tpa production by 2029.
- Standard Lithium's South West Arkansas DLE project targets 22,500 tpa of battery-grade lithium carbonate, first production 2029.
- The company closed a $225M DOE grant in January 2025 and has secured EPCC and EPCM contracts for construction.
- Equinor's 45% partnership brings extraction expertise and production scale experience from decades of energy operations.
standardlithium.com↗ (opens standardlithium.com)Company profile →
- Founded
- 201115 yrs
- Status
- Public
- Valuation
- public
- Raised
- $485M3 rounds
- Last round
- DOE grant (closed) · $225MJan 2025
- Coverage
- 1 program · 0 updateschecked 10 Oct
- Lead investors
- EquinorKoch Industries
- Partners
- EquinorLANXESS Corporation
- Investors
- Koch Industries
- People
- David ParkChief Executive Officer