Exxon Mobil Plans to Become Top Lithium Producer in Arkansas
Exxon Mobil, one of the world's largest oil and gas companies, is delving into the lithium market in its quest to become a leading producer of the valuable battery metal. The company has revealed its intention to filter lithium from the Smackover brine formation that lies beneath Arkansas, with the goal of generating enough lithium by 2030 to power a million electric vehicle (EV) batteries.
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