Smackover Lithium Brine Project
Low Risk, Near-Term Production Potential
- Existing Regional Brine Production & Extensive Chemical Processing Infrastructure
In January 2018, Standard Lithium entered an Option Agreement with NYSE-listed TETRA Technologies, to acquire the rights to conduct exploration, production and lithium extraction on 33,000 acres of brine leases located in an area of the Smackover Formation in southern Arkansas, known to be highly productive.
The Smackover deposit may be one of the lithium industry’s most promising regions to develop, given the potential resource size and existing large-scale production infrastructure including active large-scale brine extraction, processing and brine re-injection facilities.
Historical data from Standard Lithium lease area hows 370-424 mg/L lithium in brines (Moldovanyi and Walter, 1992)