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Arkansas Oil & Gas Commission to Weigh New Lithium Royalty Proposal

Summary by Arkansas Business
The Arkansas Oil & Gas Commission will take up a new royalty rate proposal for landowners leasing their rights to lithium extractors in southwest Arkansas. The commission will meet May 28 in Magnolia to consider Smackover Lithium LLC’s application for a 2.5% royalty rate on lithium brine. Smackover Lithium is a joint venture between Standard Lithium of Canada and Equinor of Norway. Standard has been producing battery-grade lithium products in Ar…

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Northumberland News broke the news in Port Hope, Canada on Tuesday, May 6, 2025.
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