Bullish on TETRA Technologies (TTI) as a partner in ExxonMobil's Arkansas lithium extraction venture targeting 2027 production.
Unpriced research observations (excluded from Calls and Returns):
TTI — LONG The author argues TETRA Technologies is positioned to benefit from its partnership with ExxonMobil to extract lithium from brine deposits in Arkansas, forming the Evergreen Brine Unit. The mechanism is that Exxon aims to produce enough lithium to power about 1 million EVs using Direct Lithium Extraction technology, with production targeted by 2027, positioning both companies in the emerging U.S. lithium and battery supply chain. The catalyst is the start of lithium production in Arkansas by 2027, with pilot operations already underway. resolved_asset_type_mismatch
TETRA and Exxon's subsidiary combined mineral rights for significant acreage in Arkansas, forming the Evergreen Brine Unit.