Project UpdateMay 26, 2026, 08:17 AM
Standard Lithium's Smackover Lithium Awards Last Key SWA Project Contract
AI Summary
Smackover Lithium, a partnership between Standard Lithium and Equinor, announced the award of the last key construction contract for the South West Arkansas Project. An Engineering, Procurement, Construction and Commissioning (EPCC) agreement was signed with S&B Engineers and Constructors for the Central Processing Facility (CPF), which will produce 22,500 tonnes per annum of battery-quality lithium carbonate. This agreement, which includes a Limited Notice to Proceed, marks a significant step towards the Final Investment Decision expected in 2026, with all key construction vendor contracts now complete.
Key Highlights
- Smackover Lithium awarded an EPCC agreement to S&B Engineers and Constructors for the South West Arkansas Project's Central Processing Facility (CPF).
- S&B will be supported by Hatch Ltd. for design engineering and commissioning services.
- The CPF scope includes direct lithium extraction, purification, and conversion to battery-quality lithium carbonate.
- The SWA Project is designed to produce 22,500 tonnes per annum of battery-quality lithium carbonate.
- The CPF represents approximately two-thirds of the Project's estimated capital expenditure.
- A Limited Notice to Proceed (LNTP) allows work on detailed engineering and early procurement.
- Full Notice to Proceed is expected after a positive Final Investment Decision (FID) in 2026.
- All key construction vendor contracts are now complete, with customer off-takes and project financing remaining before FID.
Price Impact
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