EnergyX Buys Land in Arkansas for Lithium Mining - Austin Business Journal

GM-Backed EnergyX Buys Lithium-Rich Acreage in US Smackover Formation

EnergyX buys land in Arkansas for lithium mining - Austin Business Journal

GM-backed EnergyX buys lithium-rich acreage in US Smackover formation

(Reuters) -EnergyX, the lithium technology startup backed by General Motors, has bought 35,000 acres in the Smackover formation from Pantera Lithium, the latest deal for access to the U.S. brine formation teeming with supplies of the battery metal. The deal boosts the holdings of privately held EnergyX to roughly 47,500 acres in the Smackover, an underground geological formation stretching from Florida to Texas filled with lithium-rich brine. It…

Pantera Lithium Sells Smackover Lithium Project to Texas Firm for $26.1M

Australia-based Pantera Lithium on Wednesday announced an agreement to sell its Smackover Lithium Project in south Arkansas to Energy Exploration Technologies Inc. (EnergyX) of Austin, Texas, in a $26.1 million transaction. Pantera, which is publicly traded on the Australian Securities Exchange, entered the Arkansas lithium rush in December 2023 with the acquisition of Daytona Lithium. Under the deal with EnergyX, Pantera would sell Daytona Lith…

GM Joins Exxon, Chevron in Smackover Lithium Hunt

General Motors startup EnergyX purchased 35,000 acres in the Smackover Formation, where Exxon Mobil and Chevron have received made acquisitions.

Wednesday's HotCopper trends: Viridis PFS, Arizona Lithium raise

We’re a day removed from the Reserve Bank’s decision to hit pause on 2025’s rate cuts – a call that went against ASX predictions – and interestingly, most of the announcements today have been from smallcap miners. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. Leading the way in that space is Viridis Mining and Minerals (ASX:VMM), with thou…