[{"data":1,"prerenderedAt":785},["ShallowReactive",2],{"ticker-data":3,"story-article/exxon-aiming-for-multiple-lithium-projects-this-decade":550},[4,52,82,112,149,187,231,263,298,336,378,418,460,490,520],{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":8,"today":9,"last":10,"percentageChange":11,"yearToDate":12,"yearOnYear":13,"oneYearIndexTrend":14,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-16","2wk","Updated every 2 weeks","Lithium",354.99,385.07,-7.81,51.88,112.02,[15,16,18,21,24,27,30,33,36,39,42,45],{"date":5,"value":9},{"date":17,"value":10},"2026-09-02",{"date":19,"value":20},"2026-08-19",372.67,{"date":22,"value":23},"2026-08-05",367.54,{"date":25,"value":26},"2026-07-22",388.26,{"date":28,"value":29},"2026-07-08",399.4,{"date":31,"value":32},"2026-06-24",410.62,{"date":34,"value":35},"2026-06-10",427.77,{"date":37,"value":38},"2026-05-27",449.85,{"date":40,"value":41},"2026-05-13",451.12,{"date":43,"value":44},"2026-04-29",404.38,{"date":46,"value":47},"2026-04-15",354.35,"/lithium/prices",null,false,true,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":53,"today":54,"last":55,"percentageChange":56,"yearToDate":57,"yearOnYear":58,"oneYearIndexTrend":59,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Carbonate",300.39,306.07,-1.86,18.27,69.99,[60,61,62,64,66,68,70,72,74,76,78,80],{"date":5,"value":54},{"date":17,"value":55},{"date":19,"value":63},297.22,{"date":22,"value":65},296.63,{"date":25,"value":67},309.38,{"date":28,"value":69},317.2,{"date":31,"value":71},330.54,{"date":34,"value":73},346.5,{"date":37,"value":75},358.35,{"date":40,"value":77},350.28,{"date":43,"value":79},328.09,{"date":46,"value":81},381.25,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":83,"today":84,"last":85,"percentageChange":86,"yearToDate":87,"yearOnYear":88,"oneYearIndexTrend":89,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Hydroxide",339.85,352.45,-3.57,67.22,122.85,[90,91,92,94,96,98,100,102,104,106,108,110],{"date":5,"value":84},{"date":17,"value":85},{"date":19,"value":93},341.12,{"date":22,"value":95},337.87,{"date":25,"value":97},354.36,{"date":28,"value":99},364.06,{"date":31,"value":101},376.67,{"date":34,"value":103},393.29,{"date":37,"value":105},411.01,{"date":40,"value":107},408.51,{"date":43,"value":109},372.51,{"date":46,"value":111},316.95,{"publishedDate":5,"updateFrequency":113,"updateFrequencyText":114,"label":115,"today":116,"last":117,"percentageChange":118,"yearToDate":119,"yearOnYear":120,"oneYearIndexTrend":121,"url":148,"subscription":49,"isProtected":50,"hasAccess":51},"1wk","Updated every week","Cobalt",178.66,189.92,-5.93,-24.05,25.17,[122,123,124,127,129,132,133,136,138,141,143,146],{"date":5,"value":116},{"date":17,"value":117},{"date":125,"value":126},"2026-08-26",192.6,{"date":19,"value":128},199.83,{"date":130,"value":131},"2026-08-12",217.25,{"date":22,"value":131},{"date":134,"value":135},"2026-07-29",221.25,{"date":25,"value":137},224.44,{"date":139,"value":140},"2026-07-15",223.01,{"date":28,"value":142},223.72,{"date":144,"value":145},"2026-07-01",218.73,{"date":31,"value":147},229.84,"/cobalt/prices",{"publishedDate":150,"updateFrequency":6,"updateFrequencyText":7,"label":151,"today":152,"last":153,"percentageChange":154,"yearToDate":155,"yearOnYear":156,"oneYearIndexTrend":157,"url":186,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-09","Nickel",119.13,119.61,-0.4,-1.33,12.77,[158,159,160,162,164,166,168,171,174,177,180,183],{"date":150,"value":152},{"date":125,"value":153},{"date":130,"value":161},121.04,{"date":134,"value":163},121.19,{"date":139,"value":165},122.66,{"date":144,"value":167},125.61,{"date":169,"value":170},"2026-06-17",131.5,{"date":172,"value":173},"2026-06-03",134.65,{"date":175,"value":176},"2026-05-20",135.83,{"date":178,"value":179},"2026-05-06",133.76,{"date":181,"value":182},"2026-04-22",125.43,{"date":184,"value":185},"2026-04-08",124.51,"/nickel/prices",{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":191,"today":192,"last":193,"percentageChange":194,"yearToDate":195,"yearOnYear":196,"oneYearIndexTrend":197,"url":230,"subscription":49,"isProtected":50,"hasAccess":51},"2026-08-28","1mo","Updated every month","Natural Graphite",80.18,80.66,-0.6,-1.72,-1.7,[198,199,201,204,207,210,213,216,219,222,225,227],{"date":188,"value":192},{"date":200,"value":193},"2026-07-31",{"date":202,"value":203},"2026-06-30",82.87,{"date":205,"value":206},"2026-05-29",82.99,{"date":208,"value":209},"2026-04-30",82.93,{"date":211,"value":212},"2026-03-31",82.39,{"date":214,"value":215},"2026-02-27",81.92,{"date":217,"value":218},"2026-01-30",81.69,{"date":220,"value":221},"2025-12-31",81.58,{"date":223,"value":224},"2025-11-28",81.35,{"date":226,"value":224},"2025-10-31",{"date":228,"value":229},"2025-09-30",81.74,"/natural-graphite/prices",{"publishedDate":200,"updateFrequency":189,"updateFrequencyText":190,"label":232,"today":233,"last":234,"percentageChange":235,"yearToDate":236,"yearOnYear":237,"oneYearIndexTrend":238,"url":262,"subscription":49,"isProtected":50,"hasAccess":51},"Anode Coke",81.86,80.54,1.63,9.96,16.35,[239,240,241,242,244,246,248,250,252,254,256,259],{"date":200,"value":233},{"date":202,"value":234},{"date":205,"value":234},{"date":208,"value":243},84.01,{"date":211,"value":245},79.79,{"date":214,"value":247},75.72,{"date":217,"value":249},74.61,{"date":220,"value":251},74.44,{"date":226,"value":253},72.75,{"date":228,"value":255},71.92,{"date":257,"value":258},"2025-08-29",71.46,{"date":260,"value":261},"2025-07-31",70.35,"/synthetic-graphite/prices",{"publishedDate":264,"updateFrequency":189,"updateFrequencyText":190,"label":265,"today":266,"last":266,"percentageChange":267,"yearToDate":268,"yearOnYear":269,"oneYearIndexTrend":270,"url":297,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-15","Anode",80.24,0,1.53,2.92,[271,272,274,275,277,280,282,285,287,289,291,294],{"date":264,"value":266},{"date":273,"value":266},"2026-08-17",{"date":139,"value":266},{"date":276,"value":266},"2026-06-15",{"date":278,"value":279},"2026-05-15",79.16,{"date":46,"value":281},81.98,{"date":283,"value":284},"2026-03-16",79.03,{"date":286,"value":284},"2026-02-16",{"date":288,"value":284},"2026-01-15",{"date":290,"value":284},"2025-12-15",{"date":292,"value":293},"2025-11-17",77.79,{"date":295,"value":296},"2025-10-15",77.96,"/anode/prices",{"publishedDate":299,"updateFrequency":189,"updateFrequencyText":190,"label":300,"today":301,"last":302,"percentageChange":303,"yearToDate":304,"yearOnYear":305,"oneYearIndexTrend":306,"url":335,"subscription":49,"isProtected":50,"hasAccess":51},"2026-08-01","Cathode",73.32,77.21,-5.04,14.41,55.07,[307,308,309,312,315,318,321,324,326,328,330,332],{"date":299,"value":301},{"date":144,"value":302},{"date":310,"value":311},"2026-06-01",80.32,{"date":313,"value":314},"2026-05-01",81.71,{"date":316,"value":317},"2026-04-01",77.27,{"date":319,"value":320},"2026-03-01",81.99,{"date":322,"value":323},"2026-02-01",80.5,{"date":288,"value":325},72.79,{"date":290,"value":327},64.08,{"date":292,"value":329},62.01,{"date":295,"value":331},53.51,{"date":333,"value":334},"2025-09-15",49.5,"/cathode/prices",{"publishedDate":337,"updateFrequency":189,"updateFrequencyText":190,"label":338,"today":339,"last":340,"percentageChange":341,"yearToDate":342,"yearOnYear":343,"oneYearIndexTrend":344,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"2025-03-31","Lithium ion Batteries",74.53,71.3,4.53,-1.6,-20.88,[345,346,348,351,354,357,360,363,366,368,371,374],{"date":337,"value":339},{"date":347,"value":340},"2025-02-28",{"date":349,"value":350},"2025-01-31",71.45,{"date":352,"value":353},"2024-12-31",75.74,{"date":355,"value":356},"2024-11-29",76.98,{"date":358,"value":359},"2024-10-31",77.34,{"date":361,"value":362},"2024-09-30",77.43,{"date":364,"value":365},"2024-08-30",80.56,{"date":367,"value":206},"2024-07-31",{"date":369,"value":370},"2024-06-28",87.2,{"date":372,"value":373},"2024-05-31",90.7,{"date":375,"value":376},"2024-04-30",93.2,"/battery-gigafactory/prices",{"publishedDate":379,"updateFrequency":6,"updateFrequencyText":7,"label":380,"today":381,"last":382,"percentageChange":383,"yearToDate":384,"yearOnYear":385,"oneYearIndexTrend":386,"url":417,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-10","Black Mass",42.03,43.88,-4.2,-2.58,38.13,[387,388,390,393,396,399,402,405,408,410,412,414],{"date":379,"value":381},{"date":389,"value":382},"2026-08-27",{"date":391,"value":392},"2026-08-13",42.33,{"date":394,"value":395},"2026-07-30",43.42,{"date":397,"value":398},"2026-07-16",46.74,{"date":400,"value":401},"2026-07-02",46.01,{"date":403,"value":404},"2026-06-18",49.57,{"date":406,"value":407},"2026-02-12",47.34,{"date":409,"value":404},"2026-01-29",{"date":288,"value":411},43.15,{"date":220,"value":413},47.05,{"date":415,"value":416},"2025-12-18",41.51,"/recycling/black-mass-prices",{"publishedDate":419,"updateFrequency":189,"updateFrequencyText":190,"label":420,"today":421,"last":422,"percentageChange":423,"yearToDate":424,"yearOnYear":425,"oneYearIndexTrend":426,"url":459,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-03","Rare Earths",170.83,169.63,0.71,19.72,22.18,[427,428,430,433,436,439,442,445,448,451,453,456],{"date":419,"value":421},{"date":429,"value":422},"2026-08-20",{"date":431,"value":432},"2026-08-06",172.28,{"date":434,"value":435},"2026-07-23",173.94,{"date":437,"value":438},"2026-07-09",171.69,{"date":440,"value":441},"2026-06-25",168.55,{"date":443,"value":444},"2026-06-11",165,{"date":446,"value":447},"2026-05-28",163.89,{"date":449,"value":450},"2026-05-14",172.63,{"date":208,"value":452},175.6,{"date":454,"value":455},"2026-04-16",172.01,{"date":457,"value":458},"2026-04-02",165.47,"/rare-earths/prices",{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":461,"today":462,"last":463,"percentageChange":464,"yearToDate":465,"yearOnYear":466,"oneYearIndexTrend":467,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"NCM Mid-Nickel",152.7,162.48,-6.02,17.38,53.11,[468,469,470,472,474,476,478,480,482,484,486,488],{"date":188,"value":462},{"date":200,"value":463},{"date":202,"value":471},171.08,{"date":205,"value":473},173.65,{"date":208,"value":475},164.53,{"date":211,"value":477},157.28,{"date":214,"value":479},151.44,{"date":217,"value":481},144.5,{"date":220,"value":483},130.09,{"date":223,"value":485},124.6,{"date":226,"value":487},122.35,{"date":228,"value":489},103.5,{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":491,"today":492,"last":493,"percentageChange":494,"yearToDate":495,"yearOnYear":496,"oneYearIndexTrend":497,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"NCM High-Nickel",144.45,149.67,-3.49,26.69,49.06,[498,499,500,502,504,506,508,510,512,514,516,518],{"date":188,"value":492},{"date":200,"value":493},{"date":202,"value":501},157.37,{"date":205,"value":503},160,{"date":208,"value":505},149.53,{"date":211,"value":507},141.97,{"date":214,"value":509},136.99,{"date":217,"value":511},129.81,{"date":220,"value":513},114.02,{"date":223,"value":515},109.17,{"date":226,"value":517},109.02,{"date":228,"value":519},99.44,{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":521,"today":522,"last":523,"percentageChange":524,"yearToDate":525,"yearOnYear":526,"oneYearIndexTrend":527,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"LFP",229.17,218.34,4.96,49.35,83.44,[528,529,530,532,534,536,538,540,542,544,546,548],{"date":188,"value":522},{"date":200,"value":523},{"date":202,"value":531},239.1,{"date":205,"value":533},258.32,{"date":208,"value":535},239.37,{"date":211,"value":537},213.01,{"date":214,"value":539},204.49,{"date":217,"value":541},218.06,{"date":220,"value":543},153.45,{"date":223,"value":545},134.02,{"date":226,"value":547},118.22,{"date":228,"value":549},111.93,{"id":551,"uuid":552,"name":553,"slug":554,"full_slug":555,"content":556,"relatedArticles":783,"relatedVideos":784},112470331021153,"0e0ccd7a-39e0-466d-952c-358495abefcd","Exxon aiming for “multiple” lithium projects this decade ","exxon-aiming-for-multiple-lithium-projects-this-decade","article/exxon-aiming-for-multiple-lithium-projects-this-decade",{"_uid":557,"date":558,"tags":559,"editor":563,"content":573,"excerpt":765,"featured":51,"reporter":766,"_editable":770,"component":771,"seo_title":553,"categories":772,"visibility":775,"author_company":49,"featured_image":776,"seo_description":765,"author_full_name":49,"author_job_title":49,"formattedDate":781,"formattedArticleDate":782},"aafbb5d5-d333-41f6-bae9-0916482bae4b","2023-12-07 00:00",[560],{"slug":561,"name":562},"dle","DLE",[564],{"slug":565,"name":566,"content":567},"matthew-bird","Matthew Bird",{"job_title":568,"image":569,"bio":571,"linkedin":572},"Senior Editor - Supply Chains & Data Visualisation",{"filename":570},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":574,"content":575},"doc",[576,593,598,603,608,613,618,623,628,633,638,643,650,655,660,665,670,675,688,693,698,703,715,720,725,730,735,740,745,750,755,760],{"type":577,"attrs":578,"content":579},"paragraph",{"textAlign":49},[580,583,591],{"text":581,"type":582},"Exxon Mobil wants to have multiple lithium projects by the end of the decade as it aims to start production in the state of Arkansas by 2027, the company told ","text",{"text":584,"type":582,"marks":585},"Benchmark Source",[586],{"type":587,"attrs":588},"link",{"href":589,"uuid":49,"anchor":49,"target":49,"linktype":590},"https://source.benchmarkminerals.com/","url",{"text":592,"type":582},". ",{"type":577,"attrs":594,"content":595},{"textAlign":49},[596],{"text":597,"type":582},"The oil company will have “multiple commercial scale projects,” according to Patrick Howarth, global business manager for lithium at Exxon, both in Arkansas and elsewhere. ",{"type":577,"attrs":599,"content":600},{"textAlign":49},[601],{"text":602,"type":582},"“That’s really our ambition,” he said. “From a strategic point of view, it’s first project online by 2027, and multiple project potential by 2030. That’s really our ambition.”",{"type":577,"attrs":604,"content":605},{"textAlign":49},[606],{"text":607,"type":582},"“We’re a global company, we have a global geoscience and sub-surface understanding, so we’re obviously scanning the planet for where the best types of resources are.” ",{"type":577,"attrs":609,"content":610},{"textAlign":49},[611],{"text":612,"type":582},"The move is part of Exxon’s plans to spend $20 billion over the next four years on “lower emissions” initiatives, including hydrogen, biofuels and carbon capture and storage. The company’s existing drilling expertise in oil and gas as well as a large balance sheet could help unlock US lithium production. ",{"type":577,"attrs":614,"content":615},{"textAlign":49},[616],{"text":617,"type":582},"The company’s chief executive Darren Woods said last month that the company had the “tools, the skills, the size, and the intellectual and financial resources, to bend the curve on emissions.”",{"type":577,"attrs":619,"content":620},{"textAlign":49},[621],{"text":622,"type":582},"Earlier this year Exxon acquired the rights to 120,000 acres of the Smackover formation in southern Arkansas, where companies such as Standard Lithium and Tetra Technologies are also developing brine projects. ",{"type":577,"attrs":624,"content":625},{"textAlign":49},[626],{"text":627,"type":582},"In 2021 US private conglomerate Koch Industries invested $100 million in Standard Lithium. ",{"type":577,"attrs":629,"content":630},{"textAlign":49},[631],{"text":632,"type":582},"Howarth said the company is still evaluating the size of its Arkansas resource but the company aims to produce enough lithium for 1 million electric vehicles by the end of the decade, using Direct Lithium Extraction (DLE).",{"type":577,"attrs":634,"content":635},{"textAlign":49},[636],{"text":637,"type":582},"Exxon forecasts that by midcentury around 40% of the vehicles on the road will be electric. ",{"type":577,"attrs":639,"content":640},{"textAlign":49},[641],{"text":642,"type":582},"Howarth said that Exxon had existing relationships “formed over many decades of helping automakers build out new technology platforms,” but declined to comment on any talks for future lithium supply. ",{"type":644,"attrs":645,"content":647},"heading",{"level":646,"textAlign":49},4,[648],{"text":649,"type":582},"Tapping Arkansas",{"type":577,"attrs":651,"content":652},{"textAlign":49},[653],{"text":654,"type":582},"Exxon said it would drill wells about 10,000 feet below the surface to extract brine in Arkansas, which will then be processed using DLE technology into battery-grade material. The brine will then be reinjected back underground. It did not say which DLE technology it will use.",{"type":577,"attrs":656,"content":657},{"textAlign":49},[658],{"text":659,"type":582},"“In the lithium space what we see is a pretty unique skill set that we have in the deep brine space,” Howarth said. “We’ve got over 2,000 PhDs that today don’t produce lithium but what they do do is many of the same process steps at different operations around the company. So what we’re really talking about is integrating the skills and capabilities that we have across our business today.”",{"type":577,"attrs":661,"content":662},{"textAlign":49},[663],{"text":664,"type":582},"Exxon said this week that it will leverage both its upstream skills in “geoscience, reservoir management, and efficient drilling” as well as its downstream capabilities in “fluid processing and extraction to separate the lithium from the brine.” ",{"type":577,"attrs":666,"content":667},{"textAlign":49},[668],{"text":669,"type":582},"James Mills, a consultant at Benchmark, said designing a flowsheet for DLE requires a significant number of test cycles and includes pre-conditioning the brine to maximise the recovery in the DLE process. ",{"type":577,"attrs":671,"content":672},{"textAlign":49},[673],{"text":674,"type":582},"“This cycling process is the limiting factor on the speed of growth for the DLE industry, with Benchmark data forecasting material volumes 2026-2027 and beyond,” he said. “Having the backing of Exxon’s balance sheet obviously allows multiple test cycles to be run in parallel which de-risks the pace of the pre-commercial design phase.”",{"type":577,"attrs":676,"content":677},{"textAlign":49},[678,680,686],{"text":679,"type":582},"ExxonMobil has already made strides in the lithium supply chain through its majority-owned Canadian petroleum company, Imperial Oil, which",{"text":681,"type":582,"marks":682}," invested in Canadian lithium project developer, E3 Lithium, in June 2022",[683],{"type":587,"attrs":684},{"href":685,"uuid":49,"anchor":49,"target":49,"linktype":590},"https://www.benchmarkminerals.com/price-assessments/lithium/imperial-oil-signs-strategic-agreement-with-e3-lithium-to-advance-dle-pilot-project-in-alberta-canada-benchmark-lithium/?categories=demand,mining,prices,processing-refining&search=oil",{"text":687,"type":582}," to advance the latter’s pilot-scale DLE production line in Alberta, Canada.",{"type":644,"attrs":689,"content":690},{"level":646,"textAlign":49},[691],{"text":692,"type":582},"North America’s DLE potential",{"type":577,"attrs":694,"content":695},{"textAlign":49},[696],{"text":697,"type":582},"North America is set to produce a less than 3% share of global lithium raw materials in 2023, while it will account for over a 15% share of global battery-related lithium demand.",{"type":577,"attrs":699,"content":700},{"textAlign":49},[701],{"text":702,"type":582},"Yet a number of new projects under development  across the region are set to see supply increase by over 600,000 tonnes by the end of the decade, according to Benchmark’s Lithium Forecast. Over half of this supply is set to come from projects in California, with the rest coming from projects in Nevada and Arkansas. ",{"type":577,"attrs":704,"content":705},{"textAlign":49},[706,708,714],{"text":707,"type":582},"If it reaches its target to produce around 100,000 tonnes of lithium (LCE) by 2030, Exxon would be among the largest producers of lithium via DLE, according to ",{"text":709,"type":582,"marks":710},"Benchmark’s Lithium Forecast",[711],{"type":587,"attrs":712},{"href":713,"uuid":49,"anchor":49,"target":49,"linktype":590},"https://www.benchmarkminerals.com/forecasts/lithium/",{"text":592,"type":582},{"type":577,"attrs":716,"content":717},{"textAlign":49},[718],{"text":719,"type":582},"DLE technologies are set to be pivotal in unlocking US lithium potential, aiming to increase the speed and yield of lithium recovery, as well as enable the use of lower concentration brines. ",{"type":577,"attrs":721,"content":722},{"textAlign":49},[723],{"text":724,"type":582},"By 2030 lithium extracted via DLE is forecast to make up 15% of global mined supply, according to Benchmark’s Lithium Forecast. ",{"type":644,"attrs":726,"content":727},{"level":646,"textAlign":49},[728],{"text":729,"type":582},"Tailoring the DLE process",{"type":577,"attrs":731,"content":732},{"textAlign":49},[733],{"text":734,"type":582},"DLE refers to a group of extraction technologies which are already being commercially deployed in varying ways in Qinghai, China, as well as by Livent in Argentina.",{"type":577,"attrs":736,"content":737},{"textAlign":49},[738],{"text":739,"type":582},"New DLE technologies are being tested at lab and demonstration-scale plants across the world, aiming to unlock untapped brine resources across a number of jurisdictions. ",{"type":577,"attrs":741,"content":742},{"textAlign":49},[743],{"text":744,"type":582},"Each brine requires its own specifically tailor-made DLE process, however, which means a number of years are required to properly test and demonstrate the viability of the technology for each brine.",{"type":577,"attrs":746,"content":747},{"textAlign":49},[748],{"text":749,"type":582},"Last month Chile’s SQM, one of the world’s largest lithium producers, said it had acquired a 20% stake in French DLE lithium company Adionics. ",{"type":577,"attrs":751,"content":752},{"textAlign":49},[753],{"text":754,"type":582},"The push towards DLE from the world’s leading producer of lithium from conventional brine extraction hints to the potential efficiency and sustainability advantages of DLE, although technical hurdles remain an obstacle for many.",{"type":577,"attrs":756,"content":757},{"textAlign":49},[758],{"text":759,"type":582},"In addition, capital costs have been increasing for new DLE projects this year. Earlier this year Rio Tinto said that capex for its Rincon project in Argentina would now be $335m, up from $140 million. ",{"type":577,"attrs":761,"content":762},{"textAlign":49},[763],{"text":764,"type":582},"This summer Lake Resources also said its project in Argentina would be delayed by three years until 2027 with capex planned to more than double from initial estimates to between $1.1 billion to $1.5 billion.","Exxon Mobil wants to have multiple lithium projects by the end of the decade as it aims to start production in the state of Arkansas by 2027, the company told Benchmark Source. The oil company will have “multiple commercial scale projects,” according to Patrick Howarth, global business manager for lithium at Exxon, both in Arkansas […]",[767],{"slug":565,"name":566,"content":768},{"job_title":568,"image":769,"bio":571,"linkedin":572},{"filename":570},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"aafbb5d5-d333-41f6-bae9-0916482bae4b\", \"id\": \"\"}-->","article",[773],{"slug":774,"name":8},"lithium","private",{"id":49,"alt":777,"name":777,"focus":777,"title":777,"source":777,"filename":778,"copyright":777,"fieldtype":779,"meta_data":780,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/880792b064/bm-exxon-refinery.jpg","asset",{"alt":777,"title":777,"source":777,"copyright":777},"Dec 07, 2023","7th December 2023",[],[],1790147599097]