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Standard Lithium Signs Binding 10-Year Offtake Deal for 8,000 t/yr Lithium

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Sig3.25Sen+6.10Env+2.15Soc0.00Gov+1.05

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.

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