Exxon and SLB Show Interest in Chilean Lithium Projects

Reported 1 day ago

Exxon Mobil and SLB are exploring lithium investment opportunities in Chile, the world's second-largest lithium producer. Meetings with Chilean officials indicate growing interest from these U.S. companies in lithium production, particularly for electric vehicle batteries. Exxon is also developing innovative lithium extraction methods and has plans to produce lithium domestically, aiming to become a top global supplier. Meanwhile, SLB is collaborating with Chilean mining officials to discuss potential lithium projects.

Source: YAHOO

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