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Home World Middle East

Gulf oil giants Saudi Aramco, Adnoc set sights on lithium 

8 March 2024
in Middle East
Gulf oil giants Saudi Aramco, Adnoc set sights on lithium 
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Saudi Aramco and Adnoc, two of the largest oil companies in the Gulf, are expanding their focus to include lithium production. As the demand for electric vehicles continues to rise, these companies are looking to diversify their portfolios and tap into the growing market for lithium-ion batteries. By investing in lithium production, these oil giants are positioning themselves to be major players in the transition to cleaner energy sources.

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Tags: AdnocAramcogiantsGulfLithiumoilSaudisetsights
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