Albemarle Corp signs $1.15bln lithium JV with MRL
Published: Tuesday, 18 December 2018
The two companies will build a 100,000 tpy lithium hydroxide plant in Australia under the terms of the deal.
United States-based specialty chemicals company Albemarle
Corp has signed a deal that creates a joint venture with
Mineral Resources Ltd (MRL) to develop a battery-grade lithium
hydroxide plant in Western Australia.
The $1.15 billion agreement gives Albemarle a 50% stake in
MRL’s Wodgina hard rock lithium mine and will