Albemarle amends MARBL joint venture to take full ownership of Kemerton lithium processing facility

Albemarle Corporation agreed to amend the MARBL joint venture with Mineral Resources, taking 100% ownership of the Kemerton lithium hydroxide processing facility in Australia and retaining full ownership of its Qinzhou and Meishan facilities in China, with expected payment of US$380-400 million to Mineral Resources.

“Albemarle continues to rapidly expand its Energy Storage business.”investors.albemarle.com

• 1 source
• investors.albemarle.comAlbemarle Corporation - ALBEMARLE AMENDS MARBL LITHIUM JOINT VENTUREJul 19, 2023

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