By Denny Jacob
Standard Lithium shares surged 26% in premarket trading after a project it is a part of through a joint venture was selected to receive special designation under an executive order by the Trump administration.
Shares were trading around $1.77. The stock is down 4.1% on the year so far.
Smackover Lithium, a JV between the near-commercial lithium development company and Equinor, on Monday said its South West Arkansas project was selected as a critical mineral production project to be advanced under an executive order targeting mineral production in the U.S.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 22, 2025 07:42 ET (11:42 GMT)
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