NESR and Aramco Sign Agreement to Deliver the Region's First Direct Lithium Extraction Project
PR Newswire•08/10/2026•06:00 ET
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Key Highlights
- ➤NESR and Aramco sign agreement for Saudi Arabia’s first lithium project
- ➤Project targets 2,000 tpa of battery-grade lithium carbonate from late 2027
- ➤Contract value approximately $200 million over up to five years
- ➤NESR’s LiThara platform integrates pre-treatment, DLE, and carbonation technology
NESR and Aramco Sign Agreement to Deliver the Region's First Direct Lithium Extraction Project PR Newswire
The turnkey project leverages NESR's LiThara™ platform to include pre-treatment, direct lithium extraction, and carbonation technology for Saudi Arabia's first lithium project, with up to five-year contract value of approximately USD $200 million
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