https://www.engineeringnews.co.za
Hansen|PROJECT|SECURITY
Hansen|PROJECT|SECURITY
hansen-company|project|security

Arkansas Smackover project now under full Pantera ownership

29th February 2024

By: Creamer Media Reporter

     

Font size: - +

Australia-listed Pantera Minerals on Thursday announced it had completed the acquisition of Daytona Lithium, handing it 100% ownership of the Superbird lithium brine project, in the lithium-rich Smackover Formation in Arkansas, in the US.  

Pantera is now the only listed junior in the Arkansas Smackover lithium brine play and is adjacent and on trend from Exxon Mobil’s lithium brine project.

“Our project has the potential to enhance supply stability for businesses investing in electric vehicle and battery production plants in North America by offering a final product that is produced in Arkansas and remains in the United States. This makes the project an invaluable asset to these companies and bolsters the critical mineral security of the United States,” said CEO Matt Hansen.

Chairperson Barnaby Egerton-Warburton further commented that he had recently returned from the Arkansas Lithium Brine conference, held in Little Rock, which included discussions with industry participants and members of the Arkansas state government.

“The directors of Pantera are highly encouraged by the support expressed by the Governor of Arkansas Sarah Huckabee Sanders and her team and look forward to playing a major role in establishing the lithium brine industry in the Great State of Arkansas and the USA,” he said.

Pantera’s next steps at Superbird would be to re-enter a well to test brine grade, permeability and porosity from the Smackover formation.

Edited by Creamer Media Reporter

Comments

 

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024
Photo of Martin Creamer
On-The-Air (10/05/2024)
10th May 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.38 0.439s - 158pq - 2rq
Subscribe Now