Companies file application for lithium brine unit with Arkansas regulators; royalties come next

Companies file application for lithium brine unit with Arkansas regulators; royalties come next

Standard Lithium signage at offices on East Elm Street in downtown El Dorado. (John Sykes/Arkansas Advocate 02/28/2023)Two companies have filed applications for new brine units in South Arkansas for potential lithium extraction projects, a necessary procedural move under state law that a previous royalty application ran afoul of last year. The companies — ExxonMobil-affiliate Saltwerx LLC and SWA Lithium, which is a joint venture between Standa…