EnergyX, the lithium technology startup backed by General Motors, has bought 35,000 acres (14,164 hectares) in the Smackover ...

General Motors-backed lithium technology startup EnergyX bought 35,000 gross acres in the Smackover formation in Arkansas ...

With 50,000 acres positioned adjacent to Exxon, Chevron, and Standard Lithium in the Smackover, the race is on to see who ...

Chevron announced it has leased mineral rights on almost 125,000 acres in southwest Arkansas and northeast Texas, marking the ...

Chevron has acquired 125,000 net acres in Texas and Arkansas to develop domestic lithium, utilizing a direct lithium extraction process to extract the product from the Smackover Formation.

EnergyX, a lithium tech startup backed by GM, announced the purchase of 35,000 acres of lithium-rich land in Arkansas from ...

These acquisitions grant Chevron direct access to prime acreage overlying the Smackover Formation, a geologic zone renowned for its high-lithium-content brines.

Houston-based Chevron U.S.A. has become a player in the burgeoning East Texas lithium industry by purchasing about 125,000 acres in the Smackover Formation.

Exxon entered the sector in 2023 by acquiring land in Arkansas' Smackover Formation, which is rich in lithium brine. Chevron is now following in Exxon's footsteps by acquiring land in the region ...

Chevron acquired 125K net acres in the Smackover formation spanning Texas and Arkansas, marking its first step toward establishing a commercial-scale, domestic lithium business.

The deal boosts the holdings of privately held EnergyX to roughly 47,500 acres in the Smackover, an underground geological formation stretching from Florida to Texas filled with lithium-rich brine.