Smackover Lithium Announces Positive Preliminary Economic Assessment for the Franklin Project, Its First Lithium Project in East Texas
Smackover Lithium, a partnership between Standard Lithium Ltd. (NYSE American: SLI) and Equinor, released a positive Preliminary Economic Assessment (PEA) for the Franklin lithium brine project in East Texas. The PEA highlights impressive economics with an after-tax NPV8 of $5.0 billion, IRR of 24%, and annual production capacity up to 70,000 tonne…