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Arkansas ‘Lithium Summit’ draws officials, business leaders to discuss nascent industry

State officials predicted Arkansas will be the nation’s next leader in lithium production at the inaugural Lithium Innovation Summit on Thursday at the Robinson Center in Little Rock. State Commerce Secretary Hugh McDonald said Arkansas could provide as much as 15% of the world’s finished lithium once production ramps up. Companies like Standard Lithium, ExxonMobil,…

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ExxonMobil to begin lithium extraction in Arkansas as officials hope for the start of a boom

Oil and gas giant ExxonMobil this month plans to drill its first well in Southwest Arkansas for lithium, a critical component in electric vehicle batteries. The company’s Monday announcement has significant implications for the global energy sector and for South Arkansas, where local and state officials have been building up the economic promise of lithium…

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