Standard Lithium secures EPCC for CPF, advancing 22,500 TPA lithium project
Standard Lithium Ltd., through its Smackover Lithium partnership with Equinor, has entered into two key agreements for its South West Arkansas Project. An EPCC agreement was signed with S&B Engineers and Constructors for the Central Processing Facility (CPF), which accounts for approximately two-thirds of the project's estimated capital expenditure. Additionally, an EPCM agreement was secured with Wood Group USA, Inc. for the upstream well field portion, representing less than one-third of the capital expenditure. These agreements complete the key construction vendor contracts, moving the 22,500 tonnes per annum battery-quality lithium carbonate project closer to a Final Investment Decision in 2026, pending customer offtakes and project financing.
Key Highlights
- Smackover Lithium signed an EPCC agreement with S&B Engineers and Constructors for the Central Processing Facility (CPF).
- The CPF scope represents approximately two-thirds of the Project’s estimated capital expenditure.
- An EPCM agreement was also signed with Wood Group USA, Inc. for the upstream well field portion.
- The well field activities account for less than one-third of the Project’s estimated capital expenditure.
- The South West Arkansas Project is designed to produce 22,500 tonnes per annum of battery-quality lithium carbonate.
- Key construction vendor contracts are now complete, with Final Investment Decision (FID) expected in 2026.
- Work under Limited Notice to Proceed (LNTP) will focus on detailed engineering, permitting, and early procurement.
- Finalizing customer offtakes and project financing are the remaining deliverables before FID.
Price Impact
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