Standard Lithium and Equinor secure $225 mln U.S. grant to develop Lithium extraction facility
Standard Lithium said on Thursday SWA Lithium, a jointly-owned unit with energy firm Equinor, has closed on a $225 million grant from the U.S. Department of Energy(DoE).
Standard Lithium and Equinor Finalize $225 Million Grant from the U.S. Department of Energy for the South West Arkansas Project
Closing of the DOE grant is a testament to the caliber of the South West Arkansas project,” said David Park, CEO and Director of Standard Lithium. “SWA is one of the highest-grade lithium brine projects in North America,
Standard Lithium, Equinor finalize $225M DoE grant for Arkansas project
Standard Lithium (NYSE:SLI) +5.7% pre-market Thursday after announcing its SWA Lithium subsidiary, jointly owned with Equinor (EQNR), has closed the $225M grant from the U.S. Department of Energy's Office of Manufacturing & Energy Supply Chains,
U.S. Government Pledges $225 Mln Grant to Lithium Project
Equinor and Standard Lithium will receive a $225 million grant from the U.S. government to support their lithium project to boost supply of the mineral that is essential for battery production. Equinor and Standard Lithium entered a strategic partnership last year that saw the Norwegian energy major buy a stake in two Standard Lithium-owned lithium companies in southwest Arkansas and east Texas.
Company receives $225M federal grant for lithium production in Arkansas
SWA Lithium LLC has received a $225 million federal grant to support Phase 1 of the South West Arkansas project in Lafayette and Columbia counties.
Aramco's lithium project promising but not yet commercial, minister says
Saudi Arabian state oil giant Aramco's project to extract lithium is "promising, but not yet commercially viable", the ...
Saudi Arabia's state oil company pivots to lithium mining
A growing number of fossil fuel giants are investing in the metal to keep up with the global green energy transition.
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6 Best-performing Lithium Stocks of 2024
While US lithium companies were considered for the list, none were up year-to-date at the time data was gathered. Exploration firm Q2 Metals is exploring its flagship Mia lithium property in the ...
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7 Best Lithium Stocks Of January 2025
If the environment firms up for lithium stocks, the companies currently trading at rock-bottom prices could bounce back. Forbes Advisor has identified seven of the best lithium stocks available ...
Saudis Plan Lithium Boost With Aramco and Maaden Joint Venture
Saudi Arabia’s main oil and mining companies are forming a joint venture to produce lithium, a key metal for the energy ...
Nevada Sunrise Receives US$300,000 for the Sale of Non-Core Claims at the Gemini Lithium Project, Nevada
Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce ...
Saudi Arabia Advances Lithium Plans, Looks Beyond Oil For Commodity Diversification
Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state mining company Ma'aden. The ...