National Energy Services Reunited Unit NESR Environmental And Decarbonization Applications Partners With Aramco To Execute The 2027 Lithium Demonstration Project; Implies Up To Five-Year Contract Value Of ~$200M
This first-of-its-kind project aims to produce 2,000 tons per annum (tpa) of battery-grade lithium carbonate, with commissioning and start of production planned for late 2027.This agreement combines Aramco's deep
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Why It Matters
A big oil company hired NESR to build a lithium factory. This could mean steady work and money for NESR over several years.
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