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Pantera Lithium’s $40M Smackover Sale Boosts U.S. Lithium Ambitions

10:12am on Friday 25th of July, 2025 AEST Mining
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Pantera Lithium’s $40M Smackover Sale Boosts U.S. Lithium Ambitions

10:12am on Friday 25th of July, 2025 AEST
Key Points
  • Binding agreement to sell Smackover Project for A$40 million
  • Transaction includes A$6 million cash and A$34 million in EnergyX shares
  • Arkansas legislation SB568 introduces fiscal incentives for lithium development
  • Arkansas Oil & Gas Commission sets a competitive 2.5% lithium royalty
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