Big Oil is Quietly Investing in the Lithium Revolution

Big Oil is Quietly Investing in the Lithium Revolution

OilPrice.com

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Big Oil is quietly investing in the renewable revolution – not through solar and wind power, but through lithium. The ‘white gold’ is an essential ingredient in a laundry list of clean energy technology components, most notably the lithium-ion batteries used in electrical vehicles and for short-term energy storage – an essential stop-gap for variable renewable energy production.  Just last month, ExxonMobil inked a preliminary deal to provide lithium to South Korean electric vehicle battery manufacturer sk On. Just…

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