Benzinga | Jul 26, 2021 12:42PM EDT

KBR Bags Contract From Neo Lithium Corp For Lithium Concentration Process

* KBR, Inc. (NYSE:KBR) has been awarded a contract by Neo Lithium Corp. in Argentina for its Tres Quebradas Lithium Project. Financial terms not disclosed.

* KBR will implement its evaporation and crystallization technology solutions to ensure the project achieves maximum lithium yields for Neo Lithium's battery-grade lithium carbonate production.

* Price action: KBR shares traded higher by 0.28% at $39.31 on the last check Monday.