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ExxonMobilâs plans to extract lithium in southern Arkansas highlights the oil giantâs 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 â 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.
O...
>>> Read more: Wall Street bullish on Exxon's lithium push: 'In their wheelhouse'
"What were trying to do in Arkansas â 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.
O...
>>> Read more: Wall Street bullish on Exxon's lithium push: 'In their wheelhouse'