Arkansas commission approves TETRA's 6,138-acre brine unit for bromine and lithium production

TETRA TECHNOLOGIES INC

AOGC unanimously approved TETRA's application to establish a brine production unit in Smackover Formation in SW Arkansas.
Brine Unit covers ~6,138 acres combining acreage from TETRA and Saltwerx LLC (indirect subsidiary of a Fortune 500 company).
Unleased parties within the unit have 60 days to elect participation; AOGC must set lithium royalty before commercial lithium production.
TETRA and Saltwerx will negotiate operating and joint development agreements under an existing MOU dated June 19, 2023.

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