๐Ÿ—ž๏ธ The Hottest Land Grab in America Isnโ€™t for Oil*

Bay Area Timesยทยท3 min read
FinanceTechnology
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EnergyX acquired 35,000 acres of lithium-rich land in Arkansas next to Exxon and Chevron projects, using patented technology that recovers 3X more lithium than traditional methods. The company brought online the largest lithium production facility of its kind in Texas and is offering private investment at $12/share with backing from General Motors, Eni, and POSCO.

Key Facts

โœ“EnergyX acquired 35,000 acres of lithium-rich Arkansas land next to Exxon and Chevron using patented tech that recovers 3X more lithium than traditional methods.
โœ“The company brought online the largest lithium production facility of its kind in Texas with backing from General Motors, Eni, and POSCO.
โœ“Private investment available at $12/share before Thursday deadline amid projected 5X lithium demand growth by 2040 and Morgan Stanley's forecast 80K-ton shortage in 2026.

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