From CNBC.

Arkansas is emerging as a key player in U.S. lithium production, with major investments from companies like Exxon Mobil, Albemarle and Standard Lithium. The state’s lithium-rich brine in the Smackover Formation holds the potential to power millions of EVs and reshape energy storage. But, challenges like volatile lithium prices and unproven direct lithium extraction (DLE) technology could impact its growth. CNBC visited Magnolia and El Dorado, Arkansas to explore why the state is emerging as a key player in the lithium market and to examine the economic, technological, and strategic impacts of its extraction initiatives.

Chapters:
02:32 Title card – Why all eyes are on Arkansas’ lithium
02:39 Chapter 1 – Lithium in Arkansas
06:20 Chapter 2 – Direct Lithium Extraction
09:04 Chapter 3 – Challenges

Produced and Edited by: Lisa Setyon
Supervising Producer: Jeniece Pettitt
Narration: Katie Tarasov
Field Production and Camera: Matthew Spriggs and Jordan Wyatt
Animation: Mallory Brangan
Additional Footage: Standard Lithium, Albemarle, Exxon Mobil, Getty Images

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to master your money this fall? Sign up for CNBC’s new online course. We’ll teach you practical strategies to hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season: https://cnb.cx/3WiasGB

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC
#Lithium

Why All Eyes Are On Arkansas’ Lithium