Backed by Exxon's Imperial Oil, E3 said in its pre-feasibility study that its initial capital expenditure would amount to $2.47 billion.

The company is deciding which direct lithium extraction technology it will license to produce lithium in Arkansas.

The Spain-based firm wants to leverage its technology in the extraction of battery-metal lithium.

The company, which operates across the Americas, Asia and Australia, cut staff and paused expansion projects in January.

The agreement has the potential to be a multi-year offtake deal of up to 100,000 metric tons.

Lilac plans to use the latest version of its DLE technology at Utah's Great Salt Lake, where a pilot plant should be online by October.

Kodal is in competition with Australia’s Leo Lithium to develop Mali’s first lithium mine.

The company has reported inferred resources of 21.7 million tonnes of lithium carbonate equivalent spread across two major formations.