09:21 AM EDT, 04/15/2024 (MT Newswires) -- KBR (KBR) said Monday that it has signed an agreement with GeoLith to become the global licensor of GeoLith's direct lithium extraction technology Li-Capt.

Li-Capt allows zero-emission lithium extraction from sources such as geothermal and oil well brines, KBR said.

The technology, combined with KBR's battery material technologies, will provide customers with an end-to-end service to produce battery-grade lithium, used in EV batteries, from lithium brine feedstock, KBR said.

Financial details of the deal were not disclosed.