Coverage dated November 12, 2023 to November 13, 2023
Exxon Mobil announces plan to begin lithium mining in South Arkansas this month
Headline from Arkansas Democrat-Gazette
Exxon Mobil will begin drilling for lithium in South Arkansas starting this month, the company announced Monday.
Arkansas Democrat-Gazette's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
ExxonMobil on Monday said work has started on a lithium well in Arkansas, as the energy giant seeks to become a leading producer of the critical metal used in batteries for electric vehicles (EV).
Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
Exxon Mobil Corp. plans to begin producing lithium in Arkansas, marking an entry into the provision of a key component of large-scale batteries and the first time the oil giant has invested in a major non-fossil fuel extraction project in recent history.
Speaking at a news conference at the state Capitol, Gov. Sarah Huckabee Sanders said the announcement is a sign of a major economic windfall coming to South Arkansas.
Exxon in early 2023 acquired the rights to 120,000 gross acres of the Smackover formation in Arkansas, considered one of the most prolific lithium resources of its type in North America.
