Exxon Mobil (NYSE: XOM) has no plans to broaden into onerous rock lithium mining and can keep centered on methods to extract the electrical automobile battery metallic from salty brines discovered all through the world, an govt stated on Monday.
“We’re centered on our core competencies, which is subsurface fluids,” Patrick Howarth, head of Exxon’s lithium enterprise, instructed the Fastmarkets Lithium Provide and Battery Uncooked Supplies Convention in Las Vegas.