Albemarle announces 50,000 tonne lithium conversion plant

By Myles McCormick
Published: Tuesday, 15 September 2015

The plant will produce either lithium hydroxide or carbonate depending on market demand, and will utilise offtake from its Talison JV. The move comes as part of plans by the chemicals giant to capture 50% of incremental growth in the energy storage market over the coming years.

NYSE-listed Albemarle Corp formally announced its intention to bring online a plant with the capacity to convert up to 50,000 tpa spodumene into battery grade lithium derivatives.

In a webcast today, Albemarle’s CEO, Luke Kissam, said that the plant – which he alluded to in the company’s results conference call last...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.