BahrainBusinessCompaniesCountriesEgyptEvents & ConferencesFuture Minerals ForumIndustry NewsKuwaitMiddle EastNorth AfricaOmanQatarResourcesSaudi ArabiaTechnology & InnovationUnited Arab EmiratesWorld

EV Metals Group signs frame agreement with Metso for Lithium Chemicals Plant in Saudi Arabia

Story Highlights
  • The project will be built in Yanbu Industrial City

EV Metals Group (EVM), a global battery chemicals and technology company with offices in Australia, Saudi Arabia and the UK, announced on Tuesday that it has signed a technical partnership frame agreement with Finnish mineral processing technology company Metso for its planned Lithium Chemicals Plant (LCP) project in the Kingdom.

The agreement signed at the Future Minerals Forum in Riyadh last week.

EVM said in a statement that Metso will provide technical, operational, maintenance, and systems support for the LCP project to be built in Yanbu Industrial City.

The LCP project aims to establish the Kingdom as a significant midstream hub for the production of high purity chemicals required by electric vehicle and battery cell manufacturers, the statement said. 

Metso’s advanced alkaline leach technology is already being deployed in different Lithium Chemicals Plant projects around the world, it noted.

Read more: EVM Arabia to build $899mln integrated battery chemicals complex in Jubail

(Writing by Dennis Daniel; Editing by Anoop Menon)

(anoop.menon@lseg.com)

Subscribe to our Projects’ PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.  

© ZAWYA 2024

Source
Zawya.com

Minerals Meridian

Minerals Meridian is a premier online portal dedicated to exploring and uncovering the Earth's hidden wealth in the GCC and beyond. Our platform provides valuable insights and information on resource exploration, mining, and sustainable practices. With a focus on responsible resource management and ethical operations, we strive to empower individuals and businesses with knowledge to make informed decisions in the industry. Through cutting-edge technology and a commitment to environmental stewardship, Minerals Meridian aims to be the go-to resource for those seeking to understand, engage, and contribute to the world of resource exploration and mining. Join us as we navigate the depths and unlock the potential of our planet's resources.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button