Saudi Arabia has begun lithium extraction from brine samples in Aramco's oilfields, marking a significant step in its economic diversification efforts.

This initiative is part of Saudi Arabia's Vision 2030, which aims to reduce oil dependency and establish the Kingdom as a hub for electric vehicle production and green technology.

The extraction project, which utilizes brines from oil fields, is being led by Lithium Infinity, a startup from King Abdullah University for Science and Technology, in collaboration with Ma’aden and Aramco.

While the current cost of lithium extraction from oil field brines is higher than traditional methods, there is optimism about its commercial viability due to rising lithium prices.

Lithium, often referred to as 'white gold' for its rarity, is crucial for powering electronic devices, including electric vehicles, laptops, and smartphones, making it a key resource as the world transitions from fossil fuels.

Khalid bin Saleh Al-Mudaifer, Saudi Arabia's Deputy Minister of Mining Affairs, announced plans for a commercial lithium mining pilot program, emphasizing the development of extraction technology at the university.

Lithium's market value stems from its light weight and reactivity, and while it is considered abundant, it is finely dispersed in nature, with significant resources estimated in oceans and land-based sources.

This lithium extraction strategy signifies a notable geopolitical and economic transformation in the region, underscoring the Kingdom's commitment to a post-oil future.

Other major oil companies, such as Exxon Mobil and Occidental Petroleum, are also exploring lithium extraction technologies, indicating a global trend towards green energy.

The extraction project will continuously feed into the commercial pilot being constructed, showcasing a commitment to innovative technology.

The pilot program for direct lithium extraction is a collaboration between Aramco, Lihytech, and Ma'aden, focusing on innovative technology from King Abdullah University of Science and Technology.

Despite the higher initial extraction costs, the increasing global demand for lithium may render these projects economically viable, aligning with Crown Prince Mohammed bin Salman's vision.