ExxonMobil, the oil giant, is reportedly attempting to enter the electric vehicle battery market. It says it will extract lithium in Arkansas from water. ExxonMobil reportedly spent $100 million on leasing the area in Arkansas where it plans to extract the lithium. This is a small sum compared to the $60 billion that the company recently paid for the oil company Pioneer Natural Resources. The company isn’t straying…
ExxonMobil, a major oil company, is attempting to develop electronic vehicle batteries by claiming it will extract lithium from water in Arkansas. However, compared to Exxon’s recent$ 60 billion acquisition of the oil company Pioneer Natural Resources, the$ 100 million it reportedly invested in leasing the region where it plans to obtain the lithium is insignificant. The business is n’t wandering… ExxonMobil, a major oil company, is attempting to produce lithium from Arkansas water for use in electronic vehicle batteries. However, compared to Exxon’s recent$ 60 billion acquisition of the oil company Pioneer Natural Resources, the$ 100 million it reportedly invested in leasing the region where it plans to obtain the lithium is insignificant. The business is n’t wandering…
ExxonMobil, the oil giant, is reportedly attempting to enter the electric vehicle battery market. It says it will extract lithium in Arkansas from water. ExxonMobil reportedly spent $100 million on leasing the area in Arkansas where it plans to extract the lithium. This is a small sum compared to the $60 billion that the company recently paid for the oil company Pioneer Natural Resources. The company isn’t straying…
