Smackover lithium projects target U.S. supply as demand rises 400% this decade
AI Summary- Standard Lithium, EnergyX, ExxonMobil and Chevron are developing lithium projects in the Smackover Formation.
- Global lithium demand exceeds 1.5 million metric tons annually after rising more than 400% this decade.
- Standard Lithium plans first-phase South West Arkansas construction in the first quarter of 2027.