Shares of lithium companies are trading higher. The US Department of Energy selected Standard Lithium and Equinor for an award negotiation of up to $225 million for the South West Arkansas project.
Portfolio Pulse from Benzinga Newsdesk
Shares of lithium companies are rising as the US Department of Energy selected Standard Lithium and Equinor for a potential $225 million award for the South West Arkansas project.
September 23, 2024 | 7:41 pm
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POSITIVE IMPACT
Standard Lithium's shares are likely to rise due to the DOE's selection for a $225 million award for the South West Arkansas project.
The selection by the DOE for a significant award is a positive development for Standard Lithium, likely boosting investor confidence and driving up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100