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Standard Lithium files application to establish lithium royalty

Summary by KTLO LLC
Standard Lithium signage at offices on East Elm Street in downtown El Dorado. (John Sykes/Arkansas Advocate 02/28/2023) A joint venture looking to extract lithium from South Arkansas brine wells has increased its proposed royalty rate to mineral rights owners to 2.5%. After a resounding defeat of a 1.82% royalty rate in November, Standard Lithium and its partner, Equinor, submitted a new royalty application Friday to the Arkansas Oil and Gas Com…
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The LBEG (Leasing and Energy Act) has granted Esso Deutschland GmbH, a wholly-owned ExxonMobil subsidiary, a total of five additional permit areas for lithium exploration as of May 1. This brings the total number of permit areas for lithium exploration in Lower Saxony to 25. At the beginning of 2024, there were only two.

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Cass County Citizens Journal-Sun broke the news in Linden, United States on Wednesday, May 7, 2025.
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