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ExxonMobil In Lithium Supply Talks With Tesla, Ford: Report

01 Aug 2023 | Abstracted from WIO News

"...discussions are likely in the early stages as ExxonMobil currently lacks the means to produce and supply this vital component for electric vehicles...Additionally, Exxon has been engaged in negotiations with International Battery Metals for licensing Direct Lithium Extraction technology...Exxon's venture into the lithium industry hinges on selecting a direct lithium extraction (DLE) technique to extract lithium from the brines..."

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