19 million tons of lithium discovered in Arkansas's Smackover Formation, enough for 9x global demand by 2030.

The US Geological Survey (USGS) has identified up to 19 million tons of lithium in Arkansas's Smackover Formation, enough to meet global lithium demand for car batteries nine times over by 2030. As demand for lithium-ion batteries grows, companies like ExxonMobil are set to explore this region. This discovery could bolster U.S. manufacturing and reduce reliance on lithium imports, currently dominated by China and other countries.

October 21, 2024
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