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Tag: Saudi

Aramco forms Saudi lithium JV with Ma’aden

Saudi energy firm Aramco and mining and metals company Ma’aden have signed an agreement to form a joint venture in Saudi Arabia to potentially start lithium production by 2027. The proposed JV aims to extract lithium from high-concentration deposits and advance direct lithium extraction (DLE) technologies to help meet growing demand domestically and globally. Lithium … Continue reading “Aramco forms Saudi lithium JV with Ma’aden”

Saudi Arabia’s bold plan to ferry people around in flying electric boats

Saudi Arabia has its sights set on shuttling people around its desert megacity on flying electric boats. While it may sound like science fiction, the wings are already in motion. To achieve its goal, Saudi Arabia even already purchased eight of the Swedish electric boatmaker Candela’s new P-12 electric ferries. Candela’s electric boats are famous … Continue reading “Saudi Arabia’s bold plan to ferry people around in flying electric boats”