#Latest news with #SmackoverFormationBloomberg2 days agoBusinessBloombergChevron Makes First Foray Into Lithium With Smackover DealsChevron Corp. made its first foray into lithium with two acreage deals in northeast Texas and southwest Arkansas aimed at building a domestic 'commercial scale' business. Chevron acquired 125,000 net acres from TerraVolta Resources LLC and East Texas Natural Resources LLC in the Smackover Formation, an underground rock formation that holds high lithium concentration, the Houston-based company said in a statement Tuesday.
Bloomberg2 days agoBusinessBloombergChevron Makes First Foray Into Lithium With Smackover DealsChevron Corp. made its first foray into lithium with two acreage deals in northeast Texas and southwest Arkansas aimed at building a domestic 'commercial scale' business. Chevron acquired 125,000 net acres from TerraVolta Resources LLC and East Texas Natural Resources LLC in the Smackover Formation, an underground rock formation that holds high lithium concentration, the Houston-based company said in a statement Tuesday.
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