Exxon aims to become TOP LITHIUM PRODUCERFrom discovery to production in just 4 years, wow....
Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation
- Exxon Mobil announced plans to produce lithium for electric vehicle batteries as soon as 2027.
- The oil giant is standing up a lithium drilling operation in Arkansas after purchasing 120,000 acres of land at geological site called the Smackover formation.
- Exxon aims to supply enough of the mineral to support the manufacture of one million electric vehicles annually by 2030.
https://www.cnbc.com/2023/11/13/exxon-to-produce-lithium-for-electric-vehicles-in-arkansas.html