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Reuters

Reuters

Exxon Mobil signs non-binding lithium supply deal with LG Chem

Reuters
Summary
Nutrition label

78% Informative

Exxon Mobil says it has signed a non-binding lithium supply deal with battery parts maker LG Chem .

The deal would require Arkansas officials to set a state lithium royalty rate to be finalized.

Exxon last year announced plans to extract lithium from the Smackover Formation , an underground deposit of salty water known as brine.

VR Score

88

Informative language

92

Neutral language

77

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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