Exclusive: US tech company eyes Saudi’s lithium resources

Exclusive: US tech company eyes Saudi’s lithium resources

Saudi Arabia has all the ingredients needed to be a hub for battery production, according to the chief executive of Pure Lithium, a US-based technology firm. The kingdom has lithium and vanadium in its oil-field brine, which Pure Lithium wants to use to produce rechargeable batteries, helping to cut China from supply chains, Emilie Bodoin told Semafor.Local battery production would bolster the auto cluster that Saudi Arabia is developing in King…