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How oil-rich Arkansas became a hotbed of lithium mining

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How oil-rich Arkansas became a hotbed of lithium mining


The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state.

This comes at a time when global demand for lithium, driven by electric vehicles and energy-storage needs, continues to grow. In 2023, global lithium consumption reached 180,000 metric tons, up from 142,000 metric tons in 2022, according to the United States Geological Survey. But the U.S. produces less than 1% of the world’s supply.

While most of the world’s lithium still comes from countries like Australia, Chile and China, Arkansas could change that. 

The state is home to the Smackover Formation, a geological formation rich in lithium brine.

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“Lithium resource quality is really what makes this a great region,” said Wesley Hamilton, CTO and vice president of research and technology at Albemarle, the world’s top lithium producer. “It comes down to two things: the concentration of lithium and the ability to extract it efficiently from the brine.”

Arkansas has long been a producer of bromine, which is extracted from the same brines now being tapped for lithium. The formation holds over 4 million metric tons of lithium, which is enough to power millions of EVs and devices, according to Galvanic Energy. That has attracted a rush of interest from companies looking to capitalize on the formation’s potential.

Exxon Mobil, for example, acquired 120,000 acres in the Smackover Formation in 2023 and aims to start producing battery-grade lithium by 2027. The company said it will produce enough lithium to supply the manufacturing more than 1 million EVs per year by 2030. Standard Lithium, which has operated in Arkansas since 2020, is also expanding its Direct Lithium Extraction (DLE) facility in El Dorado, thanks to a $100 million investment from Koch Strategic Platforms. DLE is touted as a more eco-friendly extraction method, using advanced filters to reduce energy and water usage.

However, the road ahead isn’t without challenges.

DLE technology, while promising, has yet to be proven on a large scale, and lithium prices have dropped sharply from over $80,000 per metric ton in 2022 to around $10,600 today. That’s due to oversupply, slower-than-expected EV growth and new battery technologies, according to Benchmark.

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“Lithium prices are falling precipitously, and many standalone lithium companies are not generating the revenues they need,” said Shon Hiatt, director of the Business of Energy Transition Initiative at the University of Southern California. “That volatility is a big challenge for companies trying to scale up.”

Additionally, China controls 80% of global battery cell production, according to the Atlantic Council, raising concerns about U.S. supply chain risks.

Still, companies like Albemarle and Standard Lithium told CNBC they remain optimistic about Arkansas’ potential to become a key player in the global lithium market.

“The United States has to step up,” said Robert Mintak, CEO of Standard Lithium. “We’ve targeted the Smackover formation in Arkansas because we believe it’s the best resource to develop.”

Watch the video to learn more about how Arkansas is positioning itself at the forefront of U.S. lithium production and what it means for the future of the energy market.

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Arkansas

Obituaries from Saline County Arkansas September 13th – MySaline

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Obituaries from Saline County Arkansas September 13th – MySaline




Obituaries from Saline County Arkansas September 13th – MySaline






















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Wolverine Confidential: Can Michigan bounce back vs. Arkansas State?

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Wolverine Confidential: Can Michigan bounce back vs. Arkansas State?


The Michigan football team will try to bounce back from its first loss since 2022 when it hosts Arkansas State on Saturday.

The latest episode of the Wolverine Confidential podcast previews the matchup. The conversation starts by looking back on what Michigan’s players and coaches said this week about the loss to Texas. What went wrong in that game and is it correctable or are there lingering concerns?

We talk about Arkansas State, led by former Central Michigan and Tennessee head coach Butch Jones. He’s got several Michigan natives on the roster and a 2-0 record. Michigan kicker Dominic Zvada, meanwhile, will be facing his former team.

The episode wraps with our predictions for Saturday’s game. Kickoff is set for noon ET with Big Ten Network broadcasting.

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You can listen to the entire episode below, by clicking here (the latest Wolverine Confidential), or anywhere you find podcasts.

  • BETTING: Check out our guide to the best Michigan sportsbooks, where our team of sports betting experts has reviewed the experience, payout speed, parlay options and quality of odds for multiple sportsbooks. The Wolverines’ odds to win the Big Ten and a national championship took a hit after Saturday’s loss to Texas, but 17th-ranked Michigan opened as 24-point favorites Saturday over Arkansas State.



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Hogs Won, But UAPB Ultimately Found Way to Beat Arkansas in the End

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Hogs Won, But UAPB Ultimately Found Way to Beat Arkansas in the End


FAYETTEVILLE, Ark. — Arkansas technically won against Arkansas-Pine Bluff in War Memorial Stadium a couple of weeks ago. There’s a one in the win column, so there’s no disputing it.

However, as a program, the Hogs lost that night and the fruits of that loss became reality last weekend in Stillwater. Sure, Sam Pittman was in need of a win to start the season everyone could feel good about, but the only way Arkansas could feel good about beating the Golden Lions was if they went out and delivered perfection.

Unfortunately, that’s exactly what happened. The Razorbacks put up historic perfection, which meant they got nothing out of the game that practicing against air and painted tackling dummies wouldn’t have yielded.

The season laid out eerily similar to 2021. Pittman was coming off a season with a low amount of wins, had a game to start the season meant to be an easy victory, followed with a ranked, but overmatched Big 12 team in Week 2, then a potential run all the way through Texas A&M at the home of the Dallas Cowboys.

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The only difference was the quality of opponent to open the season. Rice was not a team that would strike fear in the Hogs to open 2021, but the Owls were just salty enough to create a bit of a challenge and allow the Razorbacks to make some much needed mistakes without the ultimate consequence of a loss.

KJ Jefferson threw an interception. The defense blew assignments early on that let Rice build a lead.

Offensive coordinator Kendal Briles couldn’t get Jefferson and Treylon Burks on the same page as the four and outs piled up. Meanwhile, the Owls abused Barry Odom’s defense, going up 17-7 in the third quarter, although it should have been 20-7 because of a missed 36-yard field goal.

Finally, Arkasas got it together, reeled off 31 straight points in the last quarter and change, and left with a convincing 38-17 win with plenty of mistakes in its players’ pockets that helped make them better prepared to face Texas the following week.

That learning curve was all the difference. No matter whose to blame on the fumbled snaps and pitch, it’s less likely to have happened against Oklahoma State had there been an opportunity for it to happen the week before.

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A punt return blocker doesn’t find himself once again sliding into Isaiah Sategna in Stillwater if the mistake is forced by a more suitable opponent the week before. The defense isn’t hitting a patented Hawg City suplex after the whistle a second time if a better opponent gets under its skin enough in Week 1.

Mistakes are important and they need to be made in the right context. The better schedule set-up would have been to play Louisiana Tech in Week 1 and save Arkansas-Pine Bluff for late in the year when banged up players need a rest.

This would have given Arkansas a tougher opponent to make a few mistakes and learn well enough to deliver an early knockout blow to Oklahoma State. However, because it’s a War Memorial game against an opponent that doesn’t draw a crowd, the logical thought was to have it in the heat of August when crowds would be light anyway and hope the allure of it being the season opener would offset any major losses financially.

Unfortunately, what was best for business wasn’t actually “what’s best for business.” Instead, the Hogs had to do their learning against an inferior Oklahoma State team that had just enough substance to take advantage of a perfect number of impeccably timed mistakes to distribute a lesson and a loss.

The good thing is there’s plenty to make Arkansas better in the long run from that game. It also helps that they will get to work out the kinks against UAB before in Fayetteville before hitting the road to face two of the greatest curses of Arkansas’ SEC era — teams that are supposed to be lesser opponents coached by Hugh Freeze and Texas A&M in AT&T Stadium.

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The Razorbacks showed they’re good enough to win all three heading into a home game against a really good Tennessee team, but also plenty Arkansas enough to start the season 2-4. If only they could have made a few of those mistakes against a bad, but not THAT bad opponent during Week 1.

Sam Pittman and his Hogs would be riding a confidence wave akin to the feeling they had after the 40-21 beating of Texas in 2021. Confidence matters. Then again, so do properly timed mistakes.

HOGS FEED:

• Green could put more Hogs fans in No. 10 jerseys than last 50 years, improve NFL odds

• UAB’s Trent Dilfer has praise, respect for Razorbacks’ offensive coordinator as a puppet master

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• Oklahoma St., Oregon St., Deion Sanders find ways to make Hog fans’ lives less enjoyable

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