RE: Next investment after AMTE?4 Dec 2023 13:15
In 2023, EVM will accelerate exploration of critical minerals in the Saudi Kingdom through its subsidiary RIWAQ Al Mawarid for Mining to develop a localised Saudi supply chain for the Battery Chemicals Complex.
RIWAQ has been granted 11 exploration licenses covering 1,093 square kilometres and has 142 applications for exploration licenses with an area of 11,350 square kilometres in process, which have identified or potential for critical minerals containing lithium, nickel, cobalt, copper, platinum group metals and rare earth elements.