Aramco and Lihytech announce strategic collaboration to recover lithium from oilfield brines

Summary

Aramco and KAUST-incubated startup Lihytech are collaborating to develop Direct Lithium Extraction (DLE) technology in Saudi Arabia. Aramco is providing oilfield brines to Lihytech to assess their lithium extraction technology at KAUST Research and Technology Park. The collaboration supports Saudi Arabia's Vision 2030 and its growing demand for lithium in electric vehicles. Why it matters: This partnership could unlock a new critical mineral industry in Saudi Arabia, leveraging existing oilfield resources for sustainable lithium production.