Saudi Arabia and UAE Look To Extract Lithium from Oilfield Brine

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), the state oil giants of two of OPEC’s top producers, are in very early stages of working to extract lithium from the brine in their huge oilfields in the Middle East, Reuters reported on Friday, citing three anonymous sources with knowledge of the plans. The two major Gulf oil producers have been seeking to diversify their revenues streams and tap other profitable operations apart from oil, to fund their massive state programs and, in Saudi Arabia’s case, the Vision…