There Could Be a Lithium Boom in Northeast Texas. What Exactly Does that Look Like?

There could be a lithium boom in northeast Texas. What exactly does that look like?

The producers say there’s enough lithium in the formation to fulfill total U.S. demand.

Chevron Enters Lithium Market with U.S. Mining Rights Acquisition

Chevron announced its entry into lithium production by acquiring mining rights in the Smackover Formation across Arkansas and Texas, marking a strategic step into critical mineral sourcing for electric vehicle (EV) batteries. The U.S.-based oil major has secured approximately 125,000 net acres, equivalent to 50,000 hectares, through agreements with TerraVolta Resources and East Texas Natural [...] The post Chevron Enters Lithium Market with U.S.…

Chevron enters the lithium market with major Texas land acquisition

Chevron U.S.A., a subsidiary of Houston-based energy company Chevron, has taken its first big step toward establishing a commercial-scale lithium business.Chevron acquired leaseholds totaling about 125,000 acres in Northeast Texas and southwest Arkansas from TerraVolta Resources and East Texas Natural Resources. The acreage contains a high amount of lithium, which Chevron plans to extract from brines produced from the subsurface.Lithium-ion batt…