Standard Lithium Gets U.S. Boost for Arkansas Lithium Project

Standard Lithium, a Canadian company, receives a significant boost from the U.S. government to be the first to produce lithium in Arkansas using direct lithium extraction (DLE) technology. The company has been backed by various U.S. government entities and international allies, securing a $225 million grant from the Department of Energy. Despite recent price fluctuations and delays from competitors, Standard Lithium remains confident in their DLE process and plans to start production by 2028.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.