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Now we’re adding a new one The arkansas oil and gas commission's approval grants exxon's (nyse Exxon mobil is drilling for lithium in arkansas and expects to begin production of the critical material for electric vehicles by 2027.
Exxonmobil defeats occidental to secure arkansas lithium rights, poised to dominate us battery mineral production using direct extraction technology. Explore the implications for the ev battery market. This venture into the lithium space by the country’s biggest oil major shows just how essential companies like exxonmobil, with all the technical, scientific, engineering, and project execution.
Exxonmobil secures a key victory over occidental in the us lithium race, gaining control of arkansas' smackover formation
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