# Albemarle to invest up to $50M to expand lithium carbonate output at Silver Peak, Nevada

Albemarle plans to invest between $30 million and $50 million to expand lithium carbonate production at its Silver Peak, Nevada facility, aiming to double output by 2025.

- Type: Expansion
- Announced: 2021-01-11
- Where: Silver Peak, Nevada, United States
- Value: $40.0M
- Starts operating: 2025
- Status: announced
- Capacity: double lithium carbonate output by 2025
- Products: lithium carbonate
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Albemarle](https://endata.com/companies/10514.md)

## Sources

- [powderbulksolids.com](https://www.powderbulksolids.com/manufacturing-plants-facilities/albemarle-plans-to-boost-lithium-carbonate-output), 2021-01-11: "This investment in domestic capacity shows that we are committed to looking at the many ways in which Silver Peaks can provide domestic support for the growing EV market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.