Energy giants like Exxon and Chevron have been buying up land in America’s lithium hotspot. Now they’ve got a new neighbor. EnergyX just acquired 35,000 gross acres of high-grade lithium resources in Arkansas’ Smackover Formation, right next to Exxon and Chevron’s projects. What’s really
414,469 tons. That’s how much lithium GM will need per year to meet its 2035 EV transition target. No wonder they led a $50M investment round in lithium production startup EnergyX. EnergyX’s patented tech recovers lithium up to 3X better than conventional methods. Plus, where those methods
Did you know it takes 10,000 iPhone batteries worth of lithium to make one EV battery pack? With 350M+ EVs projected to be sold globally by 2030, lithium demand is looking steep. Current recovery methods involve waiting for liquids to evaporate in ponds the size of 100 football fields.
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Did you know it takes 10,000 iPhone batteries worth of lithium to make one EV battery pack? With 350M+ EVs projected to be sold globally by 2030, lithium demand is looking steep. Current recovery methods involve waiting for liquids to evaporate in ponds the size of 100 football fields.
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Did you know it takes 10,000 iPhone batteries worth of lithium to make one EV battery pack? With 350M+ EVs projected to be sold globally by 2030, lithium demand is looking steep. Current recovery methods involve waiting for liquids to evaporate in ponds the size of 100 football fields.
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