Why Standard Lithium Stock Sank on Thursday

From Yahoo Finance: 2025-05-29 18:29:00

Standard Lithium saw investor interest rise after an operational update. The stock initially rose 7% but ended with a 3% loss. Smackover Lithium, a joint venture, secured a 2.5% royalty rate in Arkansas. This marks the first approved royalty rate for lithium mined from brine by the Arkansas Oil and Gas Commission. Owners will receive over $65 per acre annually, totaling a 3% royalty consideration. Although an early project phase, it signals positive business growth for Standard Lithium.



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