XOM - Exxon Mobil Plans To Start Lithium Production By 2026 In Arkansas: Report | Benzinga
Exxon Mobil Corp (NYSE: XOM) is reportedly planning to unveil its long-awaited lithium strategy today.
The company plans to start production of the electric vehicle (EV) battery metal in Arkansas by 2026, as per Reuters.
XOM is expanding into this sector to boost global production of ultralight metal by filtering it from salty brine deposits found globally and supplying it to battery makers.
The company aims to ...