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Lithium Production Potential and Corporate Competition in the Smackover Formation, US

Fortune · ·by G4L

XOM ExxonMobil Holdings Corp
$165.87 +0.34%
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SLI SLI +6.57%
  1. 1Standard Lithium plans to approve the South West Arkansas Project (SWA) by the end of this year and begin construction on Phase 1 with a 22,500-ton capacity in Q1 2027.
  2. 2EnergyX aims to begin construction on the 15,000-ton capacity Project Lonestar commercial facility by the end of 2027.
  3. 3ExxonMobil plans to start construction on a pilot project in the Smackover region next year.

So what's the key point?

Standard Lithium and EnergyX are preparing to build lithium production facilities. ExxonMobil also plans to build a pilot facility next year, which will increase competition in the region.

Source Fortune · View original ↗

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