Prospective lithium producers ask state commission to push back …
WEB22 hours ago · Robert Mintak, chief executive officer of Standard Lithium, speaks during the Arkansas Lithium Innovation Summit on Thursday, Feb. 15, 2024 at the Robinson Center in Little Rock.
Arkansas Lithium Deposits Spark Investment Surge - Yahoo Finance
WEB2 days ago · The International Renewable Energy Agency (IRENA) estimates that lithium demand for battery-making alone will increase ten-fold between 2020 and 2030. Moreover, a 2023 report from Popular ...
South Arkansas landowners fire back at lithium companies, call …
WEBSep 12, 2024 · In the letter Tuesday, the group cited several recent examples of Arkansas landowners being offered 10% royalty deals for lithium brine extracted beneath their lands — far more than the 1.82% ...
Companies target royalty rate for Arkansas lithium extraction
WEBAug 7, 2024 · A coalition of would-be lithium extractors recently filed an application with the Arkansas Oil and Gas Commission to establish a royalty rate for landowners. Why it matters: Deciding the rate will help companies assess the potential for profit before they start investing in infrastructure to draw the mineral from brine water found throughout ...
ExxonMobil drilling first lithium well in Arkansas, aims to be a ...
WEBNov 13, 2023 · Work has begun for the company’s first phase of North America lithium production in southwest Arkansas, an area known to hold significant lithium deposits. The product offer will be branded as Mobil™ Lithium, building on the rich history of deep technical partnership between Mobil and the automotive industry.
Exxon Mobil is drilling for lithium in Arkansas and expects to …
WEBNov 13, 2023 · LITTLE ROCK, Ark. (AP) — Exxon Mobil on Monday announced it’s drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
Our first lithium well – but “not our first rodeo” - ExxonMobil
WEBJan 18, 2024 · ExxonMobil’s first lithium rig, part of an appraisal program underway in Arkansas. By 2030, we aim to produce enough lithium to support the manufacture of about 1 million electric vehicles. We’re planning to become a major supplier of lithium, a key material for electric vehicle batteries.
Exxon Mobil Plans to Produce Lithium in Arkansas
WEBNov 13, 2023 · Exxon Mobil said on Monday that it planned to set up a facility in Arkansas to produce lithium, a critical raw material for electric vehicles, which pose one of the biggest challenges to the...
Governor Sanders and State and Local Leaders Welcome …
WEBNov 13, 2023 · LITTLE ROCK, Ark.— Governor Sarah Huckabee Sanders joined ExxonMobil and state leaders today to announce that the company will drill its first lithium well in Arkansas, making an early investment in what could be one of the largest supplies of lithium in North America.
Exxon Mobil is drilling in Arkansas—for lithium | Fortune
WEBNov 14, 2023 · Exxon Mobil on Monday announced it’s drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.