SPRINGTIME, Texas & SEOUL, South Korea–( ORGANIZATION CABLE)– Exxon Mobil Firm (NYSE: XOM) and LG Chem have actually authorized a non-binding memorandum of understanding (MOU) for a multiyear offtake contract for as much as 100,000 statistics lots of lithium carbonate. The lithium will certainly be provided from ExxonMobil’s intended task in the united state to LG Chem’s cathode plant in Tennessee, which LG Chem anticipates to be the biggest of its kind in the united state “America requires protected residential supply of essential minerals like lithium,
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