Monday, November 13, 2023

Exxon makes foray into electric vehicle battery minerals | The Hill

Exxon makes foray into electric vehicle battery minerals | The Hill: Oil giant ExxonMobil is making a foray into electric vehicle batteries, saying it will extract lithium from water in Arkansas. The $100 million Exxon reportedly put into leasing the area where it plans to get the lithium is miniscule, however, compared to its recent $60 billion acquisition of oil company Pioneer Natural Resources. The company isn’t straying…

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