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Arkansas Sets 2.5% Lithium Royalty, Clearing Path for Pantera’s Smackover Project
1:19am on Monday 2nd of June, 2025 AEST
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Mining
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Arkansas Sets 2.5% Lithium Royalty, Clearing Path for Pantera’s Smackover Project
1:19am on Monday 2nd of June, 2025 AEST
Key Points
AOGC establishes 2.5% mineral owner lithium royalty for Smackover Formation
Royalty applies only upon lithium product sale, not at extraction
Rate is globally competitive and lower than other lithium brine jurisdictions
Arkansas offers a six-year severance tax exemption on saltwater brine
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