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From Oil to Lithium: Texas's Next Energy Revolution

Federal funding and fast-tracked permits are driving new lithium and rare mineral projects in Texas to reduce reliance on China, with $225 million awarded to TerraVolta in 2024.

Summary by Oil Price
Major oil companies are drilling in East Texas again, but not for oil. This time, they're after lithium for batteries and other rare elements. Chevron and Halliburton announced East Texas projects this summer. Exxon has acreage across the border in Arkansas. Smackover Lithium, a joint venture of a Norwegian oil giant and a Canadian miner, announced in late September the discovery of the most lithium-rich fluids ever reported in North America, me…

4 Articles

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Temple Daily Telegram broke the news in on Wednesday, October 22, 2025.
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