Lithium Price Slump? Exxon Says No Problem
The price of lithium may have fallen and Albemarle may consider them to be “unsustainable”, but Exxon isn’t giving up on its lithium expansion plans
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The price of lithium may have fallen and Albemarle may consider them to be “unsustainable”, but Exxon isn’t giving up on its lithium expansion plans
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Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world's top producers of the battery metal, an...
Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world's top producers of the battery metal, an executive said on Thursday. The company last fall announced its long-anticipated plan to filter lithium from the Smackover brine formation that flows under Arkansas, with the aim of producing enough of the metal by 2030 to power 1 million electric vehicle (EV) batteries. The plan will require a complex mix of equipment, including at least one of a so-far unproven fleet of direct lithium ext...