Smackover Lithium Signs Binding Customer Offtake with LG Energy Solution for the South West Arkansas Project

Standard Lithium Ltd. (SLI) and Equinor's partnership, Smackover Lithium, signed a 10-year offtake agreement with LG Energy Solution to supply 8,000 metric tonnes/year of lithium carbonate. This secures 90% of the SWA Project's targeted offtake volume, supporting financing plans and a Final Investment Decision. Construction is planned post-FID, with production expected in 2029.

Standard Lithium Ltd. reported Q2 2026 results and said the U.S. DOE concluded NEPA review for its South West Arkansas (SWA) project with a Finding of No Significant Impact. The company executed EPCC and EPCM construction contracts and reported $137.3 million cash and $137.1 million working capital as of June 30, 2026, targeting FID later in 2026 and construction in 2026.

Smackover Lithium, a Standard Lithium (55%) and Equinor (45%) partnership, said it signed an EPCC agreement with S&B Engineers for the South West Arkansas Project’s Central Processing Facility, with Hatch providing design and commissioning support. The CPF is ~two-thirds of estimated capex and targets 22,500 tonnes/year of battery-grade lithium carbonate. The company said remaining pre-FID items are customer offtakes and financing, with FID expected in 2026.

Smackover Lithium, a Standard Lithium–Equinor partnership, said it signed an EPCC agreement with S&B Engineers and Constructors for the Central Processing Facility of the South West Arkansas (SWA) project. The CPF scope covers brine receipt through direct lithium extraction and conversion to battery-quality lithium carbonate. The project targets 22,500 tonnes/year; the CPF is about two-thirds of estimated capex. A Limited Notice to Proceed is in place, with a full notice expected after a 2026 fi

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