19M tons of lithium found in Arkansas
a year ago
- #Lithium
- #Electric Vehicles
- #Clean Energy
- Researchers discovered 19 million tons of lithium reserves in southwestern Arkansas.
- The lithium could meet global demand for electric car batteries in 2030 nine times over.
- ExxonMobil signed a deal to supply lithium for 1 million EV batteries annually by 2030.
- Lithium will be extracted using direct lithium extraction (DLE) technology from underground saltwater.
- Lithium is crucial for EV batteries and clean energy, reducing reliance on foreign imports.
- Elon Musk called lithium the 'new oil' and is investing in a lithium refinery in Texas.
- Tesla's lithium refinery aims to produce enough lithium for 1 million EVs annually.