Exxon Aims to Become a Top Lithium Supplier for EVs by 2030

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. 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 currently … Read more

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