When GM-backed lithium technology startup EnergyX bought another 35,000 acres in the Smackover, an underground geological formation stretching from Florida to Texas […] ...

Chevron's move into the Smackover follows Exxon's prior entry into the lithium supply sector. In 2023, the oil giant reportedly paid around $100 million for more than 120,000 total acres in ...

EnergyX, the lithium technology startup backed by General Motors , has bought 35,000 acres (14,164 hectares) in the Smackover formation from Pantera Lithium , the latest deal for access to the U.S ...

“With 50,000 acres positioned adjacent to Exxon, Chevron, and Standard Lithium in the Smackover, the race is on to see who will be the first to produce commercial battery-grade lithium”.

Chevron announced it has leased mineral rights on almost 125,000 acres in southwest Arkansas and northeast Texas, marking the oil company's entry into the domestic lithium business.

EnergyX to Acquire 35,000-Acre Smackover Lithium Mineral Deposit from Pantera, Advancing Strategic Leadership in U.S. Lithium Production Provided by PR Newswire Jul 9, 2025, 9:07:00 AM ...

Chevron enters U.S. lithium sector with Smackover acreage purchases Jun. 17, 2025 9:20 AM ET Chevron Corporation (CVX) Stock By: Carl Surran, SA News Editor 5 Comments ...

Chevron joins lithium production race By Shelby Webb | 06/18/2025 06:42 AM EDT The oil major acquired two leases in the Smackover Formation, where Exxon Mobil and other companies are already ...

The recent announcement by Exxon focusing on lithium exploration in the Smackover reinforces the importance of Standard Lithium’s progress in harnessing the region’s high-grade lithium brine ...