Saudi Arabia’s Lithium Chemicals Plant Gains Technical Expertise Through EVM-Metso Partnership

Saudi Arabia’s Lithium Chemicals Plant Gains Technical Expertise Through EVM-Metso Partnership

(IN BRIEF) EV Metals Group (EVM), a global battery chemicals and technology company, has entered a technical partnership agreement with Metso to develop a Lithium Chemicals Plant (LCP) in Saudi Arabia. The partnership aims to utilize Metso’s technical expertise and advanced alkaline leach technology to establish the LCP as a global hub for producing high-purity chemicals needed in electric vehicle and battery manufacturing. The collaboration will support EVM in achieving world-class operational performance, local employee development, and adherence to global standards throughout the project, from inception to steady-state operations.

(PRESS RELEASE) ESPOO, 15-Jan-2024 — /EuropaWire/ — Metso Oyj (HEL: METSO), a leader in sustainable technologies, end-to-end solutions and services for aggregates, mining, metals refining and recycling industries, announces that it has entered into a strategic technical partnership framework agreement with EV Metals Group plc. (EVM), a leading global battery chemicals and technology company, for the establishment of a Lithium Chemicals Plant (LCP) in Yanbu Industrial City, Saudi Arabia.

The agreement, formalized at the Future Minerals Forum in Riyadh, Saudi Arabia, outlines the collaboration between EVM and Metso as technical partners. Under this partnership, Metso will provide comprehensive technical expertise, operational support, maintenance, and system assistance to ensure optimal operational efficiency and asset management.

Metso will play a pivotal role in EVM’s flagship LCP project, positioning the region as a prominent global midstream hub for the production of high-purity chemicals essential for electric vehicle and battery cell manufacturing. Metso’s advanced alkaline leach technology is already successfully employed in various Lithium Chemicals Plant projects worldwide.

This technical partnership with Metso will empower EVM to establish a world-class environment adhering to global operational performance standards for its LCP while nurturing the skills and capabilities of local employees. Metso’s collaboration will encompass all phases of the project, from project sanction to stable operations.

Luke Fitzgerald, CEO of EVM, expressed, “The technical partnership with Metso is a significant development to accelerate the progress of our Lithium Chemicals Plant. EVM will take a collaborative approach to securing all requirements necessary to ensure successful start-up and operation of the LCP, fully aligning with the goals of Vision 2030. Metso is the ideal partner to provide processing technology and equipment for the entire lithium production chain, from mine to battery materials.”

Sami Takaluoma, President of Metso’s Services business area, stated, “We are extremely glad that EV Metals Group has shown their confidence and appreciation for the high quality of our technological expertise and end-to-end knowledge in sustainable solutions and services. We look forward to further developing our partnership. We are also committed to strengthening our service capabilities in the region to serve the growing customer needs.”

Offering holistic solutions for battery minerals processing, Metso delivers sustainable technology and equipment for all ore types, including the critical minerals essential for the transition to clean energy, supported by its unique Planet Positive initiative.

Metso’s extensive portfolio for battery minerals encompasses the complete lithium, nickel, and cobalt production chain, ranging from mining to battery materials and black mass recycling. For premium lithium-ion battery chemicals production, Metso’s proficiency spans lithium extraction from various sources to battery-grade lithium salts.

Explore Metso’s offerings for battery minerals processing on their website.

For more information about EV Metals Group plc, visit EV Metals Group | EVM.

Further information, please contact:

Rajneesh Mishra, Vice President of Sales and Services, Middle East and Turkey, Metso, tel. +97 1502 160 862, email: rajneesh.mishra(at)metso.com
Helena Marjaranta, Vice President, Communications and Brand, Metso, tel. +358 20 484 3212, email: helena.marjaranta(at)metso.com​

Metso is a frontrunner in providing sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By helping our customers increase their productivity, improve their energy and water efficiency and environmental performance with our process and product expertise, we are the partner for positive change.

Headquartered in Espoo, Finland, Metso employs over 16,000 people in close to 50 countries and sales for 2022 were about EUR 5.3 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial

SOURCE: Metso Oyj