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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.

Aramco and NESR Partner on Saudi Lithium Extraction Project

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.

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