Standard Lithium Signs Binding 10-Year Offtake Deal for 8,000 t/yr Lithium
Smackover Lithium, a Standard Lithium and Equinor partnership, signed a second binding take-or-pay offtake agreement with LG Energy Solution for the South West Arkansas project. It covers 8,000 metric tonnes per year of battery-quality lithium carbonate for 10 years, adding to a Trafigura deal to commit about 90% of targeted volumes. First production is planned for 2029 after FID, with Standard Lithium as operator.