Standard Lithium Venture Raises Trafigura Offtake Ceiling to 12,000 Tonnes a Year for Arkansas Project

By Public Technologies
  • Standard Lithium's Equinor partnership, Smackover Lithium, amended its Trafigura offtake agreement for the South West Arkansas lithium project on September 28, 2026.
  • The 10-year agreement allows optional additional deliveries of 4,000 metric tons annually, raising maximum take-or-pay volumes to 12,000 metric tons annually.
  • Total potential offtake commitments reached 20,000 metric tons annually, exceeding the 18,000-metric-ton target.
  • Sufficient offtake commitments enable finalization of a targeted $1.1 billion senior secured, limited recourse debt financing package.
  • Smackover Lithium targets a final investment decision in 2026, with first commercial production of battery-quality lithium carbonate in 2029.


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