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Exxon Mobil Dives Into South Arkansas - Arkansas Business — Business News, Real Estate, Law, Construction

Exxon Mobil Dives Into South Arkansas - Arkansas Business — Business News, Real Estate, Law, Construction
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Exxon Mobil Dives Into South Arkansas

Commercializing lithium should be natural for the Natural State, Gov. Sarah Huckabee Sanders said last week as Exxon Mobil Corp. announced the start of major brine operations in south Arkansas.

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Exxon Mobil to Begin Lithium Drilling This Month Near Magnolia

Global energy giant ExxonMobil Corp. says it will begin drilling for lithium this month near Magnolia, a move Gov. Sarah Huckabee Sanders said could turn the page on a new chapter of the state s economy.

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A Gusher for an Era of EVs?

The lithium race, like the boom that followed drillers striking oil in the Smackover Formation a century ago, could transform Magnolia, El Dorado and the entire region.

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Exxon Investment Didn t Surprise Standard s Mintak

Exxon Mobil Corp. s $100 million investment in Arkansas land leases was a validation of Standard Lithium s six years of work here, its CEO says.

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