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February 13,2026

GFCL EV invests $216 million in Oman Battery Materials Facility

GFCL EV, part of INOXGFL Group, will invest $216 million in Oman to build a greenfield facility producing advanced battery materials for electric vehicles and energy storage. The company signed an Invest Agreement with the Sultanate of Oman via Invest Oman and a Land Lease Agreement with Salalah Free Zone.

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