Amplify Lithium & Battery Technology ETF

Chevron has acquired lease rights to 125,000 acres in Texas and Arkansas to extract lithium from brine, a byproduct of oil and gas production. This move aligns with the company's strategy to diversify into the EV supply chain and leverage its subsurface expertise.

Related tickers: CVX, XOM, BATT, DRIV, FDRV, LIT, LITP.

A new study suggests that Germany could have enough lithium reserves to meet its domestic needs, reducing reliance on imports. The study highlights the potential of extracting lithium from deep underground waters, which could offer a more environmentally friendly solution compared to traditional methods.

Related tickers: BATT, CARZ, XOM.