SK On signs MOU with ExxonMobil to source lithium in the US
The agreement may provide SK On with up to 100,000 metric tons of lithium, bolstering its US battery supply chain and supporting EV production
SK On, a prominent electric vehicle battery manufacturer, has entered into a non-binding memorandum of understanding (MOU) with ExxonMobil, aiming to secure a potentially substantial supply of US-produced lithium.
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