Standard Lithium, Equinor Receive DOE Grant for Arkansas Lithium Project

January 17, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--SWA Lithium, a joint venture of Standard Lithium (Vancouver, British Columbia) and energy major Equinor (NYSE:EQNR) (Stavanger, Norway), has received a $225 million grant from the U.S. Department of Energy (DOE) to develop the first phase of a direct lithium extraction (DLE) facility in Arkansas. SWA is owned 55% by Standard Lithium and 45% by Equinor. Other companies featured: Exxon Mobil Corporation (NYSE:XOM)