Saudi Arabia's Green Energy Pivot
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Saudi Arabia, the worlds top oil exporter, is shifting its focus to battery storage and mining critical minerals like lithium, vanadium, and copper, aiming for $64 billion in mining revenue by 2030. The country is pushing lithium metal tech to break supply chain chokeholds and is building its own storage setup, targeting 48 gigawatt hours by 2030. This pivot could make Saudi Arabia a transition powerhouse, balancing old energy riches with the new green rush.
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