The project targets an annual output of 2,000 tons of battery-grade lithium carbonate, a critical component for the growing electric vehicle supply chain. Operations will combine NESR's specialized pre-treatment and direct extraction portfolio with Aramco’s extensive subsurface geological data. Both companies expect to commission the site and begin full-scale production by late 2027, signaling a move to integrate mineral processing into the region’s traditional energy infrastructure.
In section Market Quotes
Aramco and NESR Partner on Saudi Lithium Extraction Project
National Energy Services Reunited has secured a five-year contract worth approximately $200 million to spearhead lithium extraction efforts for Saudi Aramco. The deal marks a strategic shift for the oil giant, aiming to pivot toward battery-grade production by leveraging proprietary extraction and carbonation technologies within the Kingdom.
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