ExxonMobil has signed a non-binding memorandum of understanding (MOU) with SK On, a global electric vehicle (EV) battery developer. The MOU secures a multi-year offtake agreement of up to 100,000 metric tons of Mobil Lithium from the company’s first … [Read more...]
ExxonMobil drilling first lithium well, aiming to be a top EV supplier by 2030
Exxon Mobil has announced plans to increase the production of lithium, a key component of electric vehicle (EV) batteries. Work has begun for the company’s first phase of North American lithium production in southwest Arkansas, an area known to hold … [Read more...]