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KBR Makes Strategic Investment in Geolith

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KBR (KBR) said Thursday that it has made a strategic investment in Geolith, a France-based direct lithium extraction company.

Financial terms of the investment were not disclosed.

The investment will support the global commercial deployment of Geolith's Direct Lithium Extraction Li-Capt technology, KBR said.

KBR shares were up 2.3% in Thursday trading.

Price: $36.99, Change: $+0.97, Percent Change: +2.69%

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