OB:EQNROil and Gas
The Bull Case For Equinor (OB:EQNR) Could Change Following LG Lithium Offtake Deal Expansion - Learn Why
Smackover Lithium, a partnership between Standard Lithium and Equinor, recently signed a second 10‑year take‑or‑pay offtake agreement with LG Energy Solution for 8,000 metric tonnes per year of battery‑quality lithium carbonate from the South West Arkansas Project, taking committed volumes to roughly 90% of the project’s targeted initial capacity.
This long‑term offtake coverage underpins project bankability and highlights Equinor’s effort to secure exposure to battery materials as part of...