Albemarle to acquire lithium conversion assets from Chinese partner

By Myles McCormick
Published: Tuesday, 23 August 2016

The purchase will allow Albemarle to process some of the spodumene feedstock it receives from its Talison joint venture rather than relying on a third party tolling agreement.

NYSE-listed lithium producer Albemarle Corp. is set to acquire the lithium conversion facilities of Jiangxi Jiangli New Materials Science and Technology Co. Ltd, it announced 23 August.

Albemarle, headquartered in Charlotte, North Carolina, US, has signed a definitive feasibility agreement (DFA) to acquire Jiangli New...

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