EVM Receives Special Recognition at 2025 Fastmarkets Voltas Awards

EVM’s Lithium Chemicals Plant Project receives special recognition award in the Best New Project category at Fastmarkets Voltas Awards held in Las Vegas, USA

LAS VEGAS, NV, AUSTRALIA, July 1, 2025 /EINPresswire.com/ -- EV Metals Group plc (“EVM” or “the Company”), a global battery chemicals and technology company, is pleased to announce that it has received a Special Recognition Award in the "Best New Project" category at the prestigious Fastmarkets Voltas Awards, held in Las Vegas, United States.

The Fastmarkets Voltas Awards celebrate outstanding innovation and impact across the global battery raw materials supply chain. The Best New Project category recognises pioneering initiatives in mining, refining or recycling that demonstrate exceptional innovation, measurable outcomes, scalability and long-term benefits to the industry.

EVM’s flagship Lithium Chemicals Plant (LCP) to be built in Yanbu Industrial City, Kingdom of Saudi Arabia, was one of 14 finalists selected from a highly competitive field of global project submissions. The Special Recognition Award highlights the LCP’s strategic importance in developing geopolitically aligned, sustainable supply chains for high-purity lithium chemicals critical to the energy transition.

Luke Fitzgerald, Chief Executive Officer of EV Metals Group, commented: “We’re honoured to receive this recognition from Fastmarkets, one of the most respected voices in the global battery materials industry. This award is a testament to the hard work and dedication of our entire team, our partners, and the ongoing support of our shareholders. It also reflects the scale of ambition underway in Saudi Arabia to become a major player in the clean energy value chain. Our Lithium Chemicals Plant in Yanbu is more than just a project – it’s part of a broader industrial transformation aligned with Vision 2030.”

Abdullah Busfar, Chairman of EV Metals Group, added: “This award reflects the important role Saudi Arabia is playing in building the industries of the future. Our Lithium Chemicals Plant supports Vision 2030 by helping to localise battery materials supply chains and drive industrial transformation. We’re proud to contribute to the Kingdom’s progress.”

EVM’s Lithium Chemicals Plant is being developed as the first-of-its-kind midstream refining hub in the region. Stage 1 will produce 25,000 tonnes per year of battery-grade Lithium Hydroxide Monohydrate, followed by 22,000 tonnes per year of Lithium Carbonate. Designed to serve both domestic and high-growth international markets including Europe, India, and North America, the LCP will help address forecast supply deficits by 2030 while catalysing downstream investment and enabling the localisation of battery materials manufacturing in the Kingdom.

By leveraging Saudi Arabia’s strategic location, low-cost energy, and world-class infrastructure, the project is set to reshape global battery materials supply chains and contribute meaningfully to the Kingdom’s broader economic diversification goals.

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Garreth Young
EV Metals Group
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