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This is what darren woods, exxon s chairman and ceo, told investors during the company s recent earnings call. we re, i d say, actively exploring that opportunity set and like what we re seeing so far. mr woods described lithium mining as a natural fit for the company. extracting the lithium is very consistent with a lot of the things that we do in our refineries and chemical plants and in some of our upstream operations. so that piece of the equation is, again, not new to the company. exxonmobil is rumoured to be in talks with tesla, ford motor, volkswagen and other auto makers to supply lithium. that s according to a bloomberg report. lithium remains tiny compared to the fossil fuel business that has powered profits for exxon and for the other oil majors for the past several decades. but their interest suggests big oil thinks it may get bigger in the future. that s michelle fleury in new york. and that s it for this edition of asia business report.
Well, from big oil to.big electric. exxon mobil is betting on an ev boom and is currently exploring getting into the lithium market. michelle fleury has more. lithium is a key ingredient in rechargeable batteries. against this backdrop, exxonmobil, the most powerful among the traditional energy companies, is considering getting into the lithium market to produce the electric vehicle battery metal. this is what darren woods, exxon s chairman and ceo, told investors during the company s recent earnings call. we re, i d say, actively exploring that opportunity set and like what we re seeing so far. mr woods described lithium mining as a naturalfit for the company. extracting the lithium is very consistent with a lot of the things that we do in our refineries and chemical plants and, in fact, in some of our upstream operations. so that piece of the equation is, again, not new to the company. exxonmobil is rumoured to be in talks with tesla, ford motor, volkswagen and other auto makers to supply lithium. that s according to a bloomberg report. lithium remains tiny compared
Friday’s nine-race card at Aqueduct Racetrack will be bolstered by a Pick 6 carryover of $24,322 after the sequence went unsolved on Thursday’s eight-race program.