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Arkansas has enough lithium for the world’s EVs — but getting to it is the problem
ExxonMobil has already started drilling for it.
As the US tries to limit the greenhouse gas emissions causing climate change by encouraging electric vehicle adoption, the Biden administration has made it a priority to build up domestic supply chains for critical minerals including lithium. “Lithium is a critical mineral for the energy transition, and the potential for increased U.S. production to replace imports has implications for employment, manufacturing and supply-chain resilience,” David Applegate, USGS director, said in a press release yesterday. The fossil fuel giant declared its ambitions of becoming a “” lithium supplier for electric vehicles last year after purchasing drilling rights across 120,000 acres of land within the Smackover Formation in Arkansas.
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