Oil Major ExxonMobil Details Plans To Be A Lithium Major, Too
The project involves drilling vertical wells into a deep underground saltwater resource called the Smackover in Southeastern Arkansas.
Source: forbes.com
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Exxon aims to produce lithium in rare foray from fossil fuel
Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.
Source: dailyitem.com
The Electric: After GM and Cruise, Dan Ammann's New Adventure
Two years after abruptly exiting robotaxi developer Cruise, Dan Ammann is onto a new big thing—large-scale lithium mining. His employer is oil behemoth…
Source: biztoc.com
Big Oil Gets Into EVs? ExxonMobil's US Lithium Mine Could Mean Cheaper Cars
Buying lithium drilled by ExxonMobil in southern Arkansas could help some automakers qualify for the full EV tax credit, but it brings up thorny environmental questions.
Source: pcmag.com
ExxonMobil's Arkansas Lithium Well Part Of $100M Investment
ExxonMobil selects southwest Arkansas to start its North American lithium production, demonstrating “leadership in energy transition.”
Source: businessfacilities.com