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Exxon Mobil is drilling for lithium in Arkansas and expects to begin production of the critical material for electric vehicles by 2027
Exxon Mobil, one of the world’s largest oil companies, plans to enter the lithium production market by 2027
Mining has not been a comfortable business for oil and gas giant ExxonMobil in the past but its plan to produce lithium, an important battery metal, should wipe away m...
ARKANSAS (BLOOMBERG) – Exxon Mobil Corp plans to become a top supplier of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades. Exxon will extract the metal from underground saltwater reservoirs in the Smackover Formation in southern Arkansas, employing a novel method called Direct Lithium Extraction not […]
Get latest articles and stories on World at LatestLY. Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027. World News | Exxon Mobil is Drilling for Lithium in Arkansas and Expects to Begin Production by 2027.