Standard Lithium Ltd (TSE:SLI) has released an update.
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Standard Lithium Ltd. and its partner Equinor have been selected by the U.S. Department of Energy for award negotiations up to $225 million for their South West Arkansas lithium project, aiming to bolster domestic battery supply chains. The funding is intended to support the construction of a Central Processing Facility capable of producing 22,500 tonnes of lithium carbonate annually. This project is poised to significantly impact local communities through job creation and various developmental programs.
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