News
15 January 2026

Northern Graphite and Al Obeikan plan battery anode material plant

Region:
Middle East & Africa

Northern Graphite has entered into a term sheet with Al Obeikan Group to jointly develop a $200 million battery anode material (BAM) facility in Yanbu Industrial City, Saudi Arabia.The JV will be owned 51% by Obeikan and 49% by Northern and is structured to secure project debt financing from Saudi...

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