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$225M Federal Grant Closes for Building Arkansas Lithium Plant

Summary by Arkansas Business
Battery ingredient company Standard Lithium Ltd. secured an expected $225 million federal grant to build a commercial lithium production facility near Lewisville. The company, based in Vancouver, British Columbia, has been working to distill battery-quality lithium products from south Arkansas brinefields for nearly 10 years. Standard announced closure of the grant, to itself and partner Equinor of Norway, on Thursday. The money comes from the U…
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