ExxonMobil joined major lithium producers this week in reiterating a bullish outlook on long-term lithium demand despite the current bearish market and recent price slump of the metal critical for the energy transition. Lithium prices have crashed in recent months, dragged down by piling inventories amid slowing growth in electric vehicle sales. Lithium producers said earlier this year that the current low-price environment is "unsustainable" and could hold back investments in new supply. However, all lithium producers, including the…
Hence then, the article about exxon bets on lithium to complement its legacy oil business was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Exxon Bets on Lithium To Complement its Legacy Oil Business )