Standard Lithium Advances Lithium Production Technology with Strategic Partnerships and Government Funding
Standard Lithium employs LiSTR technology for efficient lithium extraction from brine, yielding high-purity lithium chloride. The company signed an MoU with LANXESS in 2018 to leverage lithium rights from the Smackover Formation. By 2020, their demonstration plant in El Dorado proved industrial-scale feasibility. In 2024, Equinor acquired 45% of two lithium projects in Arkansas and Texas, with $225 million in US government grants announced in January 2025 for direct lithium extraction. A feasibility study confirmed a production capacity of 22,500 tons of lithium carbonate annually.
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Standard Lithium utilizes LiSTR technology for lithium extraction from brine, producing high-purity lithium chloride more efficiently than traditional evaporation methods. The process involves cleaning brine, transferring lithium to a patented adsorbent, and treating the lithium-laden solids with hydrochloric acid.
In 2018, Standard Lithium signed an MoU with LANXESS to develop lithium resources from the Smackover Formation. Their demonstration plant began operation in El Dorado in 2020, confirming industrial feasibility.
In 2024, Equinor acquired 45% of two lithium projects in Arkansas and Texas. A $225 million grant from the US Department of Energy was awarded in January 2025 for the first phase of a more efficient lithium extraction process. The definitive feasibility study published in September 2025 confirmed an annual production capacity of 22,500 tons of lithium carbonate.
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