ExxonMobil Announces Plans for Lithium Mine in Arkansas

November 15, 2023--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has announced plans to move ahead with drilling for lithium on 120,000 Arkansas acres it purchased earlier this year. "Lithium is essential to the energy transition, and ExxonMobil has a leading role to play in paving the way for electrification," said Dan Ammann, president of ExxonMobil Low Carbon Solutions, in a company press release.

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