Exxon Mobil, a key player in the energy sector, has ignited a lithium boom in Arkansas as it plans to extract lithium from the Smackover Formation. This region, once thriving from the oil industry, is now on the brink of another industrial revolution. In Lewisville,… Read More »Lithium Boom in Arkansas: Risks and Opportunities
Standard Lithium (SLI) and other companies are navigating new developments in Arkansas’ budding lithium industry. Last week, the Arkansas Oil & Gas Commission postponed a key hearing on royalty rates for lithium extraction in the region to a date yet to be announced. This decision… Read More »U.S. Delays Royalty as It Invests in Arkansas Lithium Projects
How Oil-Rich Arkansas Became a Lithium Mining Hotbed The U.S. lithium production landscape is changing as **ExxonMobil** (XOM), **Albemarle** (ALB), and **Standard Lithium** (SLI) invest in Arkansas. These companies are betting on Arkansas’ Smackover Formation’s richness in lithium brine. This shift is largely driven by… Read More »Lithium Mining Surge in Oil-Rich Arkansas
TETRA Technologies, Inc. (NYSE:TTI) has completed a comprehensive Technical Resources Study for the Evergreen Brine Unit in Arkansas. The study, finished on January 8, 2024, outlines significant lithium and bromine resources. TETRA Announces Resource Estimates for Lithium and Bromine The updated Report categorizes the brine… Read More »TETRA Technologies Completes Arkansas Brine Unit Resource Study
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