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Oman launches $1 billion battery materials project to boost clean energy ambitions

Muscat: The initiative offers local and international investors a range of industrial and manufacturing projects supported by guaranteed purchase contracts, reducing operational risks and providing greater clarity on future revenues. The ministry said the new model aligns investment opportunities directly with market needs and local supply chains, helping projects achieve faster returns, stronger sustainability, and improved access to financing …
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The Arabian Stories News broke the news on Saturday, May 30, 2026.
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