Northern Graphite and Obeikan to develop $200 million battery anode plant in Saudi Arabia
The JV aims for 25,000 metric tons annual production by 2028, supporting the Vision 2030 initiative and securing graphite supply chains
Northern Graphite Corp. and Obeikan Investment Group have signed a term sheet to jointly develop a $200 million battery anode material (BAM) plant in Yanbu Industrial City, Kingdom of Saudi Arabia.
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