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Oman: Salalah Free Zone Signs $488mln Deal for Electric Battery Project

Summary by Zawya
The facility is expected to support the staged production of up to 100 gigawatt-hours of batteries, serving both the electric vehicle industry and energy storage solution
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ZawyaZawya

Oman: Salalah Free Zone signs $488mln deal for electric battery project

The facility is expected to support the staged production of up to 100 gigawatt-hours of batteries, serving both the electric vehicle industry and energy storage solution

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AGBIAGBI

Oman to build $500m battery materials factory

An Oman-based subsidiary of India’s InoxGFL Group will invest OR188 million ($489 million) to set up a chemical materials project for electric batteries in Oman. The first phase of the project, which aims to establish a local base for lithium battery materials production, will cost OR73 million, the state-run Oman News Agency reported. Spanning 370,000 square metres in the Salalah Free Zone, the project, operated by GFCL EV, will produce lithium…

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AGBI broke the news in on Monday, September 15, 2025.
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