Business & Economy · 5 views
A ‘geologic freak’ called the Smackover may end America’s lithium dependence on China, and Big Oil is already there
Standard Lithium, EnergyX, Exxon and Chevron are betting direct lithium extraction can turn the Smackover into a domestic supply hub and cut the U.S. reliance on China.
AI Summary
Global lithium demand has surged over 400% this decade, exceeding 1.5 million metric tons annually, and could near 4 million tons by 2035. Growth is driven by lithium‑ion batteries for electric vehicles, utility‑scale and data‑center storage, and the emerging robotics sector. The United States faces a challenge meeting this expanding need.
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