Albemarle announces expansion plans at Nevada lithium extraction site

By Dalila Ouerghi
Published: Thursday, 07 January 2021

US-headquartered lithium producer Albemarle Corp will double lithium carbonate output at its brine-sourced production facility, Silver Peak, based in Nevada, it said on Thursday January 7.

The lithium producer plans to invest $30-50 million starting this year to double the current lithium carbonate output at its Silver Peak facility by 2025 in support of an expected increase in lithium demand in the United States.

The company will also start an evaluation project for analyzing lithium extraction...

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