Standard Lithium (SLI) and Equinor (EQNR) announced that its jointly-owned U.S. subsidiary, SWA Lithium LLC, has closed the US$225 million grant from the U.S. Department of Energy’s, DOE, Office of Manufacturing & Energy Supply Chains. The grant will support construction of Phase 1 of the South West Arkansas project. “Closing of the DOE grant is a testament to the caliber of the South West Arkansas project,” said David Park, CEO and Director of Standard Lithium. “SWA is one of the highest-grade lithium brine projects in North America, and through the use of DLE technology, a near-term, sustainable opportunity to help secure America’s domestic lithium supply chain.”
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