Synergy Consulting, Inc. announced in a statement that it has been appointed as the ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐๐ฑ๐๐ถ๐๐ผ๐ฟ ๐ฏ๐ ๐๐ฉ ๐ ๐ฒ๐๐ฎ๐น๐ ๐๐ฟ๐ผ๐๐ฝ ๐ฝ๐น๐ฐ (๐๐ฉ๐ ), ๐ฎ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ฏ๐ฎ๐๐๐ฒ๐ฟ๐ ๐บ๐ฎ๐๐ฒ๐ฟ๐ถ๐ฎ๐น๐ ๐ฎ๐ป๐ฑ ๐๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐, for raising debt and equity financing for their Lithium Chemicals Plant in the Kingdom of Saudi Arabia (KSA).
EVM works across the battery materials value-chain from mining critical minerals to producing battery chemicals for manufacturing cathodes.
As a part of this vertical integration strategy, the Group is developing upstream mining assets in Australia, midstream chemicals processing plants in KSA, and downstream cathode active material manufacturing in Europe.
For the midstream segment of this value-chain, EVM is developing the worldโs first integrated Battery Chemicals Complex at Yanbu Industrial City in KSA, which is expected to house a Lithium Chemicals Plant. Also planned are the nickel processing and cathode active materials plants.
EVM has secured the land and power allocation from the KSA Government and is moving towards finalizing the Front End Engineering Design (FEED) study.
The Complex is strategically located to become a global hub for the midstream processing of critical raw materials for a clean energy future.
Related: EV Metals achieves strategic milestones for its Battery Chemicals Complex in Saudi Arabia
