# Standard Lithium files preliminary assessment for Texas Franklin project

> Standard Lithium and Equinor said on 20 October that the Preliminary Economic Assessment technical report for their Franklin project in East Texas had been filed on SEDAR+. The study evaluates development and production scenarios for a lithium-brine project in the Smackover Formation.

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- Country: United States
- Published: 2026-10-21T00:44:03+00:00
- Updated: 2026-10-21T00:44:03+00:00
- Event / data period: 2026-10-20
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The PEA models capacity of up to 70,000 tonnes of battery-quality lithium carbonate per year and total output of 1.29 million tonnes over a 20-year model life. These are preliminary model results, not current production or a final feasibility-backed operating plan.

The report reviews lithium concentrations and project economics and recommends advancing to a pre-feasibility study. Standard Lithium reports a 55% economic interest; the 2027 target concerns completion of that study, not production.

## Data

### PEA production model

Preliminary modelled lithium carbonate capacity and total production; not achieved output.

Methodology: Figures are PEA scenarios on a 100% project basis as described by Standard Lithium; per-year capacity and 20-year model total are distinct measures.

| Scenario | Tonnes of lithium carbonate |
|---|---|
| Up to 70,000 tonnes per year capacity | 70000 |
| 1.29 million tonnes total over 20 modelled years | 1290000 |

Sources: <https://www.standardlithium.com/news/press-releases/standard-lithium-files-positive-preliminary-economic-assessment-for-the-high-grade-70000-tonnes-per-year-franklin-project-in-east-texas> · Download data: [JSON](https://newsverum.com/api/v1/articles/standard-lithium-franklin-texas-pea-filed-october-2026/data/franklin-pea-capacity?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/standard-lithium-franklin-texas-pea-filed-october-2026/data/franklin-pea-capacity?lang=en&format=csv)

## Sources

- [Standard Lithium Ltd.](<https://www.standardlithium.com/news/press-releases/standard-lithium-files-positive-preliminary-economic-assessment-for-the-high-grade-70000-tonnes-per-year-franklin-project-in-east-texas>) (Source checked: 2026-10-21; Published: 2026-10-20)

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