Arkansas Lithium Deposits Spark Investment Surge

The United States is vying to become competitive in global lithium production as demand picks up for the “critical mineral”. Although a commonplace alkali metal, lithium is becoming known in the energy and mining sectors as ‘white gold’ due to its central role in rechargeable batteries. Demand for lithium-ion batteries has skyrocketed and is projected to continue growth at a steady clip thanks to the technology’s pivotal role in decarbonization efforts, most notably for powering electrical vehicles and enabling short-term…