EV Metals Group signs frame agreement with Metso as key technical partner for Lithium Chemicals Plant in Saudi Arabia

EV Metals Group plc. (EVM), a global battery chemicals and technology company, has signed a technical partnership frame agreement with Metso for a Lithium Chemicals Plant (LCP) to be built in Yanbu Industrial City in Saudi Arabia.

The agreement signed at the Future Minerals Forum in Riyadh, Saudi Arabia, outlines plans to engage Metso as EVM’s Technical Partner. Metso will provide technical, operational, maintenance, and systems support to achieve best-in-class operational performance and asset management.

Metso will provide technical collaboration for EVM’s flagship LCP project, establishing the area as a globally significant midstream hub to produce high-purity chemicals required by electric vehicle and battery cell manufacturers. Metso’s advanced alkaline leach technology is already being deployed in different Lithium Chemicals Plant projects around the world.

The technical partnership with Metso will support EVM to achieve a world-class environment with global standards of operating performance for its LCP while developing local employees’ skills and capabilities. Metso’s collaboration will be applied through all phases of the project, from project sanction to steady state operations.

“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,” comments EVM’s CEO Luke Fitzgerald.

Metso’s Services business area President Sami Takaluoma adds, “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.”

Comprehensive solutions for battery minerals processing

Metso provides sustainable technology and equipment for all ore types, including the critical minerals required for the energy transition, supported by its unique Planet Positive offering.

Metso’s solutions for battery minerals cover the entire lithium, nickel, and cobalt production chain – from the mine to battery materials and black mass recycling – with project scopes ranging from equipment packages to plant deliveries and related services. For high-end lithium-ion battery chemicals production, Metso’s expertise covers the extraction of lithium from various lithium sources up to battery-grade lithium salts.

Find out more about Metso’s offering for battery minerals processing on our website.

More information about EV Metals Group plc: 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