Our footprint in Arkansas

In early 2023, ExxonMobil acquired the rights to approximately 120,000 gross acres of the Smackover formation in southern Arkansas – considered one of the most prolific lithium resources of its type in North America. ExxonMobil can safely extract this lithium using many of the skills we’ve honed over decades – including geoscience, reservoir engineering, and chemical processing.

Work has begun toward the company’s first phase of North America lithium production in southwest Arkansas. Our goal is that this lithium will strengthen supply security for companies investing in electric vehicle and battery manufacturing facilities in North America. The company is targeting its first production of battery-grade lithium for 2027.

Here in Arkansas, we’re working to be a thoughtful and responsible community partner.  In the past six months we’ve had the opportunity to present at numerous community town halls, engaged with universities and schoolboards, and hosted leadership and stakeholder forums.  We’re also proud to have opened our community office in Magnolia and joined the state and local chambers of commerce.

Together with the community, we hope to build a relationship built on mutual trust and respect.