Edward Moltzen
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The Biden Administration yesterday said it's taken a big step toward an EV future for American drivers. Despite the anticipated opposition, another key player is also taking big steps: ExxonMobil.

https://emoltzen.substack....
06:11 AM - Mar 21, 2024
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Coherent Marketing
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In response to Edward Moltzen.
It'll be interesting to see whether Exxon will be able to develop their tech for extraction of liquid lithium from brine to doing so from seawater, where there are huge reserves.
06:48 AM - Mar 21, 2024
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Edward Moltzen
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I link to the video at the end of the newsletter. It's fascinating to watch. The subsurface water in Arkansas is saltwater. There's another project on the Salton Sea in Calif., that's using a similar method as ExxonMobil - so maybe the seawater opportunity is easier for them.
In response to Coherent Marketing.
08:05 AM - Mar 21, 2024
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Coherent Marketing
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In response to Edward Moltzen.
It's my understanding that the issue that has hampered scalability is either the membranes or catalysts used to separate out the lithium with the specificity needed, while still being cost-competitive. Exxon also has to reinvent itself, so, market carrot and stick.
08:10 AM - Mar 21, 2024
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