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ExxonMobil Drills for Lithium in Arkansas, Targets First Production for 2027

The company aims to produce enough lithium to supply 1 million EVs annually

November 14, 2023

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Global energy and petrochemicals company ExxonMobil Corporation has initiated the lithium drilling process in southwest Arkansas, in the United States, which houses significant reserves of lithium, commonly used in electric vehicle (EV) batteries.

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