Mount Vernon sits on the Smackover Formation, a large lithium deposit that continues into southwest Arkansas. Geoframe Energy’s plant will sit on land behind the Duke’s on I-30.

Halliburton Company HAL has secured a significant contract to support GeoFrame Energy’s direct lithium extraction and geothermal project in East Texas.The company will plan and design the first ...

GeoFrame said it is set to become the first company to deliver battery-grade lithium carbonate from Smackover Formation to the market.

“GeoFrame Energy is in an excellent position to capitalize on the current demand for lithium through brine extraction,” said Duane Sherritt, vice president of Halliburton’s low carbon solutions.

Halliburton Company (NYSE:HAL) is one of the most undervalued US stocks according to analysts. On June 24, Halliburton Company (NYSE:HAL) announced that it has secured a contract to support GeoFrame ...

GeoFrame’s initial aim is to develop 100 megawatts of geothermal projects – starting with a 10 MW plant on Nevis island in the Caribbean – but it is thinking bigger than that, said Cutright.

GeoFrame’s Vision Combined With Halliburton’s Expertise. GeoFrame’s East Texas project aims to be the first in the United States to deliver battery-grade lithium carbonate from the Smackover Formation ...