Albermarle to increase lithium production capacity with acquisition of Chinese lithium converter
Published: Thursday, 30 September 2021
US-headquartered lithium producer Albermarle Corporation has announced the acquisition of Chinese lithium converter Guangxi Tianyuan New Energy Materials Co to add conversion capacity at its China-based operations, it said on Thursday September 30.
The conversion facility is located near the Port of Qinzhou
in Guangxi, China. According to Albemarle’s
statement, the acquired plant has a nameplate conversion
capacity of up to 25,000 metric tonnes of lithium carbonate