The previous year, ExxonMobil obtained rights to more than 120,000 acres of lithium-bearing areas of the Smackover Formation in Arkansas where lithium will be produced after separating it from ...

More about Pantera Minerals Ltd. Pantera Minerals Ltd. operates in the lithium industry, focusing on lithium brine exploration and development in the Smackover ... players like Exxon Mobil and ...

Arkansas is part of what's known as the Smackover Formation ... to a settlement agreement. Exxon has already begun to explore of how it might reach Arkansas's lithium and develop technologies ...

Meanwhile, projects in Arkansas’s Smackover region have been moving ... Solutions’ DLE technology for a 22,000 t lithium plant there. ExxonMobil is also developing an Arkansas DLE project ...

But the location in Arkansas has already caught the eye of companies like Exxon that hope ... Arkansas have so much lithium? Arkansas is part of what's known as the Smackover Formation, a relic ...

Other companies targeting lithium in Arkansas include Albemarle, Exxon Mobil Corp. and Occidental Petroleum. The area was once known for oil production. Lithium resources in Smackover brines of ...

In 2023, Exxon Mobil announced its plans to develop lithium operations in the Smackover formation. Last November, Exxon Mobil announced a non-binding lithium supply deal with LG Chem, a battery parts ...

Pantera had hoped to drill deeper into the brine-bearing Smackover Formation ... large and world-class lithium brine resource, analogous to neighboring leases held by ExxonMobil and Equinor ...