While doubling down on crude oil production, especially closer to home, ExxonMobil unveiled plans on Monday to produce lithium in Arkansas, aiming to become a leading supplier of the key metal for electric vehicles (EVs) by 2030. Exxon announced plans to become a leading producer of lithium, the U.
S. oil and gas supermajor said in a statement. The company has already begun work on a first phase of its North American lithium production in southwest Arkansas, an area known to hold significant lithium deposits. Southwestern…Exxon Looks To Become Leading Lithium Supplier By 2030
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