Equinor buys 45% stake in two US lithium projects [Reuters]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Reuters
Equinor will initially compensate Standard Lithium $30 million and cover project expenses up to $33 million. Potential future milestones could see Equinor pay an additional $70 million in aggregate to Standard Lithium if a final investment decision is taken, the release added. Standard Lithium will retain operatorship, with Equinor contributing its experience in subsurface operations. "We see sustainably produced lithium as an enabler in the energy transition," as this partnership allows Equinor to enter the lithium space while focusing on environmentally friendly Direct Lithium Extraction (DLE)technologies, Equinor senior vice president Morten Halleraker said. President Joe Biden's landmark climate change law created big like lithium, a key material for electric vehicles and battery storate, and copper that are needed in equipment like batteries and solar panels. Coming soon: Get the latest news and expert analysis about the state of the global economy with Reuters Econ Worl
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EQNR
Earnings
- 7/26/23 - Miss
EQNR
Sec Filings
- 5/15/24 - Form 6-K
- 5/14/24 - Form 6-K
- 4/30/24 - Form 6-K
- EQNR's page on the SEC website