Dutch-Saudi joint venture signs agreement with Aramco for metals reclamation complex in Saudi Arabia

Dutch-Saudi joint venture signs agreement with Aramco for metals reclamation complex in Saudi Arabia

Netherlands-based SARBV (Shell & AMG Recycling B.V), a joint venture between Shell & AMG, and Saudi’s United Company for Industry (UCI) have signed an agreement with Aramco to construct and operate a world-class Metals Reclamation Complex for the recovery and recycling of metals in Jubail Industrial City, Saudi Arabia.

AMG said in a press statement on Tuesday that the complex is a big move towards developing a market for Vanadium Redox Flow Batteries and is in line with the Kingdom’s ambitions to accelerate energy transition, achieve sustainability and drive circular investment.

The first phase includes processing Vanadium concentrate from the Jazan Integrated Gasification Combined Cycle Plant (licensed by Shell) to produce high-purity Vanadium Pentoxide; building a regional research and development centre for testing a residue-upgrading catalyst; and installing a Lithium Vanadium Battery (LIVA)and a vanadium electrolyte production plant.

The Kingdom and the GCC region are becoming globally pivotal for the supply and demand of Vanadium, the statement said.

The later phases envision the Kingdom to emerge as a ‘Supercentre’ that include expanding recycling capabilities, and as a regional hub for spent residue catalysts metals reclamation, and fresh residue-upgrading catalyst manufacturing.

“This unique combination of capabilities, all in one place, will provide an end-to-end solution for