PLL News: Wall Street bullish on Exxon's lithium push: 'In their wheelhouse' - 16th Nov 2023, 8:28am

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ExxonMobil’s plans to extract lithium in southern Arkansas highlights the oil giant’s ambitions to take its expertise in oil drilling and apply it to the lithium market to become a key supplier of the critical element used for electric vehicle batteries.

"What were trying to do in Arkansas — there is not one commercial facility like this on the planet today. This is really breaking new ground," Patrick Howarth, lithium global business manager at ExxonMobil, told Yahoo Finance.

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>>> Read more: Wall Street bullish on Exxon's lithium push: 'In their wheelhouse'
 
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