The world’s top crude oil exporter, Saudi Aramco, is set to announce on Wednesday a push to invest in lithium production and developments to capture part of the supply chain and diversify from oil, sources close to the largest oil firm globally told the Financial Times. The move to boost investments in lithium is part of a wider plan at the Saudi oil giant to become a mining hub and diversify into the material critical for the energy transition,…

Oil Price

London

Greater London

England

United Kingdom

Saudi Oil Giant Aramco to Invest in Lithium Production

Saudi Aramco will expand its investments in lithium production in the race to build a supply chain for the metal, which is vital for manufacturing batteries that power electric cars.
Read more (01/15/2025)

A Saudi Aramco vai expandir seus investimentos na produ��o de l�tio na corrida para construir uma cadeia de suprimentos para o metal, que � vital para fabricar baterias que alimentam carros el�tricos.
Leia mais (01/15/2025

Saudi Aramco investe para produzir lítio - 15/01/2025 - Mercado

Grupo Folha

Brazil

Saudi Aramco invests to produce lithium - 15/01/2025

Oil giant bets heavily on electric carsSaudi Aramco, the world's largest oil company, will invest much more in the production of lithium in the future in an attempt to enter the market for electric cars. It writes

Oliegi­gant i stort sats på elbilerSaudi Aramco, verdens største olieselskab, vil i fremtiden satse langt mere på produktion af litium i et forsøg på at komme ind på markedet for elbiler. Det skriver

Oliegi­gant i stort sats på elbiler

borsen.dk

Oil giant bets big on electric cars

The Saudi state-owned oil and mining companies agreed to explore creating a joint venture for minerals exploration and mining with a focus on minerals used...

Rigzone

Aramco, Ma'aden in Talks to Form Transition Minerals JV

The News
Saudi Arabia’s national oil company said it would mine the country for lithium, part of a growing wave of fossil fuel giants upping their investments in the metal, which is crucial for the global energy transition. 
Saudi Aramco said it would form a joint venture with Riyadh’s main mining…

Upstract

Saudi Arabia's state oil company pivots to lithium mining

All Sides

Media Bias/Fact Check

Advanced Media Solutions

The NewsSaudi Arabia’s national oil company said it would mine the country for lithium, part of a growing wave of fossil fuel giants upping their investments in the metal, which is crucial for the global energy transition. Saudi Aramco said it would form a joint venture with Riyadh’s main mining company after finding “promising lithium concentrations” in areas where it is already producing oil. It is far from alone in making such moves: An Exxon…

Semafor

Justin B. Smith, Ben Smith

New York

United States

Saudi Arabia’s state oil company pivots to lithium mining

“Saudí Aramco is diversifying towards lithium, but its price is very volatile due to its growing demand” Saudi Arabia has announced an innovative collaboration between Saudi Aramco, the world’s largest oil company, and Ma’aden, the kingdom’s leading mining company. David Leyguarda, an independent analyst, comments that China is strong in this context, [...] The entry “Saudí Aramco is diversifying towards lithium, but its price is very volatile d…

“Saudí Aramco se diversifica hacia el litio, pero su precio es muy volátil por su creciente demanda” Arabia Saudita ha anunciado una colaboración innovadora entre Saudi Aramco, la compañía petrolera más grande del mundo, y Ma’aden, la principal empresa minera del reino. David Leyguarda, analista independiente, comenta que China se encuentra fuerte en este marco, […] La entrada “Saudí Aramco se diversifica hacia el litio, pero su precio es muy vo…

Saudi Oil Giant Aramco to Invest in Lithium Production

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics