GeoFrame Energy announced Tuesday it will break ground this summer on a lithium extraction facility in East Texas, in a move poised to reshape the US clean energy landscape. The project aims to ...

On June 24, Halliburton Company (NYSE:HAL) announced that it has secured a contract to support GeoFrame Energy’s direct lithium extraction/DLE and geothermal project in East Texas.

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

As the U.S. slaps 104% tariffs on Chinese goods, GeoFrame Energy launches America’s first large-scale lithium plant to cut reliance on China.

“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.

According to GeoFrame, the project is expected to produce approximately 83,500 metric tons of battery-grade lithium carbonate annually—enough to meet 100% of domestic demand.

Ronald Martinez/Getty Images News Halliburton (NYSE: HAL) said Monday it was awarded a contract for GeoFrame Energy's geothermal and direct lithium extraction project, which will include planning ...

GeoFrame Energy aims to produce ~83,500 metric tons of battery-grade lithium carbonate annually, which is projected to be enough to fully meet current US demand.

GeoFrame Energy is a leader in green lithium carbonate and geothermal energy production. While we acknowledge the potential of HAL as an investment, we believe certain AI stocks offer greater ...