Search Results Found For: "Albemarle"

Albemarle receives $90-million Department of Defense grant for lithium production

Albemarle, a US-based chemical manufacturer, has won a $90-million grant from the US Department of Defense to expand domestic mining and production of lithium for EV batteries. Using Defense Production Act authority, the Office of the Assistant Secretary of Defense for Industrial Base Policy will subsidize the company’s planned reopening of its lithium mine in… Read more »

Albemarle to supply battery-grade lithium hydroxide to Ford

Specialty chemicals supplier Albemarle has announced a definitive agreement with Ford to deliver battery-grade lithium hydroxide to support the automaker’s ramp-up of EV production. Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries. The five-year supply agreement starts in 2026 and continues through 2030…. Read more »

Albemarle to build a lithium processing facility in South Carolina

Specialty chemicals company Albemarle has announced plans to build a lithium hydroxide processing facility in Chester County, South Carolina. Plans for the facility include an initial investment of at least $1.3 billion. The so-called Mega-Flex plant will be able to process diverse lithium feedstocks, including lithium from recycled batteries. Albemarle expects the facility to produce… Read more »

Albemarle announces North Carolina technology park to explore advanced lithium technology

Specialty chemicals manufacturer Albemarle has acquired a location in Charlotte, North Carolina, where it plans to invest at least $180 million to establish the Albemarle Technology Park (ATP). The facility will be designed for novel materials research, advanced process development and acceleration of next-generation lithium products to market. The company expects that innovations at the… Read more »

Albemarle introduces a new lithium plant in Chile

Albemarle, a specialty chemical firm, has announced a new lithium production plant in Antofagasta, Chile, which it says will be its third chemical conversion plant. According to Albemarle, “the plant is expected to double lithium production.” The company says it has invested more than $500 million in the plant, which includes R&D labs and a… Read more »

Albemarle to build major lithium processing plant in Southeast US

Mining giant Albemarle plans to build a lithium processing plant in the US that would produce as much of the light white metal as the entire company produces today. Albemarle says the plan reflects its strategy “to lead the US lithium renaissance, from mine development to processing to manufacturing types of the metal used to… Read more »

Albemarle to use 6K’s UniMelt plasma tech for lithium battery materials

Specialty chemicals firm Albemarle has signed a joint development agreement with materials management specialist 6K to use 6K’s patented UniMelt plasma technology to develop lithium battery materials. Albemarle has also made an undisclosed investment in 6K through venture capital firm Volta Energy Technologies. UniMelt is a microwave-controlled plasma technology, and Albemarle says a 16 GWh… Read more »

Albemarle to open Battery Materials Innovation Center in North Carolina

Albemarle Corporation has announced the opening of its new  Battery Materials Innovation Center (BMIC), located at the company’s Kings Mountain, North Carolina site. The BMIC is expected to be fully operational in July 2021, and will support Albemarle’s lithium hydroxide, lithium carbonate and advanced energy storage materials growth platforms. It has been equipped to enable… Read more »

Albemarle to acquire lithium salt production assets in China

Specialty chemical firm Albemarle (NYSE: ALB) has signed an agreement to acquire the lithium hydroxide and lithium carbonate conversion assets of Jiangxi Jiangli New Materials Science and Technology. The transaction, which is expected to close by the end of Q1 2017, includes manufacturing assets located in Jiangxi and Sichuan, China, focused on the production of… Read more »

Australia invests in lithium refining to reduce dependence on China

Australia is a lithium mining powerhouse—the country mines about 53 percent of the world’s supply of lithium. However, lithium must undergo several processing steps before it’s ready for use in batteries, and almost all of Australia’s lithium is sold to China, which dominates lithium processing. Moving the processing closer to the mines is important not… Read more »