$500 Million Chinese-Led Battery Anode Materials Plant Project Launches in Duqm, Oman

10 agreements signed for new projects in Duqm worth nearly OMR 3 billion

The Public Authority for Special Economic Zones and Free Zones signed 10 investment agreements and Memoranda of Cooperation (MoCs) to establish new projects in the Special Economic Zone at Duqm, with a value of OMR 2.9 billion, equivalent to around USD 7.5 billion. The agreements included the implementation of the downstream component of the ACME green hydrogen project, with investments of OMR 1.6 billion, equivalent to USD 4.2 billion. The ACME…

$500 Million Chinese-Led Battery Anode Materials Plant Project Launches in Duqm, Oman

Battery Anode Materials Plant construction advances strongly in Oman. A leading Chinese company drives this key industrial project forward. The development brings silicon-based anode production to the Special Economic Zone at Duqm. Investors commit resources to localize essential supply chains for electric vehicle batteries. Moreover, the initiative accelerates Oman’s economic diversification efforts effectively. It also […] The post $500 Millio…