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While Standard Lithium Ltd. of Canada examines expanding its reach for brine to filter for lithium extraction in South Arkansas, Murphy Oil Corp. is noting that it also has brine fields near El Dorado, but no active plans to exploit them for supplying the growing lithium ion battery market.
In a news release this week, Standard Lithium of Vancouver, British Columbia, said it was crunching numbers on possible brine leases involving Tetra Technologies in Columbia and Lafayette counties.
A preliminary economic assessment will weigh the possibility of an integrated project including brine wells, pipelines and a lithium extraction plant using proprietary technology it has proven over months at a test plant in El Dorado.