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ExxonMobil (XOM) on Monday said work has started on the construction of a lithium well in Arkansas, as the energy giant plans to become a leading producer of the critical metal used in batteries for e
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Exxon Mobil (NYSE: XOM ) has been one of the best-performing energy stocks this year. After hitting a fresh all-time high in September, XOM stock has since given up some of its gains.
Exxon announces it has drilled its first wells in Arkansas in a project that will produce lithium products for electric vehicles.
Oil producer Exxon Mobil (XOM) is now seeking to produce battery-grade lithium for EV batteries. Yahoo Finance Live relates Exxon's pivot to commentary from electric vehicle makers, including Tesla (T
Exxon Mobil Corporation (NYSE:XOM) on Monday announced plans to produce lithium for electric vehicle batteries as soon as 2027.  The energy giant said it is setting up a lithium drilling operation i
Dan Ammann, president of Exxon's low carbon solutions business, joins 'Squawk Box' to discuss their company's plans to produce lithium for electric vehicle batteries and more.
In a strategic move towards diversification, Exxon Mobil (NYSE: XOM) has unveiled plans to become a key player in the electric vehicle (EV) supply chain. The company has set its sights on lithium prod
Exxon Mobil Corp. XOM, +0.77% said Monday it plans to begin producing lithium for electric-vehicle batteries by 2027 from a mining operation in southwest Arkansas under the brand Mobil Lithium. The oi

Exxon to start producing lithium by 2027

08:09am, Monday, 13'th Nov 2023
U.S. energy major Exxon Mobil said on Monday it plans to start producing lithium by 2027 in Arkansas, amid growing demand for the metal used in electric vehicle batteries.
Exxon aims to supply enough of lithium to support the manufacture of one million electric vehicles by 2030.
As complaints are once again raised about the quarterly profits of oil companies, I take a closer look at ExxonMobil's profits, and compare them to Google's profits.
Robert Friedland is a highly respected figure in the mining industry and was a key player in several of the world's Tier 1 mines. In a recent conference interview, he tore apart the viability of the c
When discussing the next trillion-dollar companies, this article will either be prescient or a total clown show. And while there's good evidence to suggest that I could sadly fall into the latter cate
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