SWA Lithium, a jointly owned US subsidiary of Standard Lithium and Norwegian energy firm Equinor, has closed a $225 million grant from the US Department of Energy’s Office of Manufacturing and Energy Supply Chains for construction of Phase 1 of the South West Arkansas (SWA) lithium project.
The commercial-scale Direct Lithium Extraction (DLE) facility, located in Lafayette and Columbia Counties, Arkansas, is expected to produce 45,000 tonnes per year of lithium carbonate, developed in two 22,500-tonne phases.
The joint venture is 55% owned by Standard Lithium and 45% owned by Equinor.
A definitive feasibility study (DFS) and front-end engineering design (FEED) are currently underway. The companies aim to make a final investment decision (FID) by the end of 2025 and start Phase 1 production in 2028.
“SWA is one of the highest-grade lithium brine projects in North America, and through the use of DLE technology, a near-term, sustainable opportunity to help secure America’s domestic lithium supply chain,” said David Park, CEO and Director of Standard Lithium.
Source: Standard Lithium
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