Albemarle windfall shows lithium’s resilience to recession fears

Mining News Pro - The lithium boom is proving so resilient amid recession fears that the world’s biggest producer now expects its operating cash flow to outweigh total expenditures for the first time in six years.

Albemarle studying ways to recycle lithium in North America

Mining News Pro - Albemarle Corp on Thursday said it is studying ways to develop a battery recycling business in North America and believes there would be many similarities with its current lithium operations.

Albemarle’s lithium sales surge after supply contracts renegotiated

Mining News Pro - Albemarle Corp, the world’s largest producer of lithium for electric vehicle batteries, raised its annual forecast on Wednesday and reported a better-than-expected quarterly profit after it renegotiated supply contracts for the metal at higher prices.

Albemarle plans major US lithium processing plant

Mining News Pro - Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a bullish bet on America’s all-electric future, an executive said on Monday.

Albemarle, Mineral Resources to speed up Wodgina lithium mine restart

Mining News Pro - Albemarle and its partner Mineral Resources will speed up the restart of production at their jointly owned Wodgina lithium mine in Australia to respond to “unprecedented” demand for the battery metal.

Albemarle facing environmental charges in Chile for over-extracting lithium-rich brine

Mining News Pro - Chile’s Environment Superintendence (SMA in Spanish) launched a legal procedure against Albemarle for over-extracting brine at its Atacama salt flat operation.

Albemarle guidance fails to impress amid sky-high lithium prices

Mining News Pro - Albemarle Corp. expects to make more money next year. But with lithium prices at a record, investors were left wanting more.

Albemarle boosts 2021 forecast on rising global lithium demand

Mining News Pro - Albemarle Corp, the world’s largest producer of lithium for electric vehicles, boosted its 2021 sales forecast on Wednesday after posting an adjusted third-quarter profit that easily beat Wall Street’s expectations.

MinRes, Albemarle to restart Wodgina as lithium lifts

Mining News Pro - The MARBL lithium joint venture has decided to restart the Wodgina lithium mine in Western Australia’s Pilbara region, with production planned for the September quarter of 2022.

Albemarle to buy Chinese lithium firm for $200 million

Mining News Pro - Albemarle, the world’s top lithium producer, said on Thursday it would buy China-based Guangxi Tianyuan New Energy Materials for about $200 million, as part of its plans to boost lithium conversion capacity.

Albemarle says Chile output on track despite strike

Mining News Pro - Albemarle Corp, the world’s top lithium producer, said on Tuesday it has maintained output from its Chile operations despite an ongoing strike by one of the company’s four unions in the South American nation.

Albemarle hit by labour shortage at Kemerton

Albemarle has delayed the second stage of its Kemerton lithium processing plant until early 2022 following labour shortages in Western Australia.

Albemarle sees inflation as speed bump in supply growth

Mining News Pro - Higher labor and supply costs will slow but not stop expansion in lithium mining, according to the chief of the world’s largest producer of the key ingredient in rechargeable batteries.

Chile settles dispute with Albemarle over lithium reserves data

Mining News Pro - Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company’s permit to expand its operations in Chile.

Lithium giant Albemarle slams Chile over `unjust` withholding of Atacama study

Mining News Pro - Albemarle, the world’s top lithium producer, has accused a Chilean regulator of “unjust” discrimination for refusing to make public a key report on the impact of mining on the Atacama salt flat, according to court filings.

Albemarle expects recovery in sales as results top estimates

Mining News Pro - Albemarle Corp reported a better-than-expected quarter on Wednesday after taking steps to cut costs to battle lower demand and said it sees higher volumes in the current year.

Chile threatens legal action to get Albemarle to disclose lithium reserves

Mining News Pro - Chilean regulators have threatened Albemarle Corp with legal action, demanding that by week´s end the world´s top lithium miner present a plan for turning over data on its reserves of the ultralight battery metal, according to filings obtained.

Albemarle to double lithium production in Nevada

Mining News Pro - Albemarle said on Thursday it will double production at its lithium facility in Silver Peak, Nevada, to boost supply for the electric vehicle (EV) market.

Albemarle, Tesla and Uber to jointly push electric car use

Mining News Pro - The world’s top lithium producer Albemarle has joined forces with 27 companies, including electric vehicles maker Tesla and ride share company Uber, forming a group that will push for 100% EV sales in the US by 2030.

Albemarle and SQM battle over Atacama water study

Mining News Pro - Albemarle Corp, the world’s largest lithium producer, has accused its top rival, Chilean miner SQM, and local regulators of seeking to keep secret a coveted report about the environmental impact of lithium mining in Chile’s Salar de Atacama, according to a filing made by its lawyers.

Chile vows to take Albemarle to arbitration over royalty spat

Mining News Pro - Chilean regulators have accused Albemarle, the world’s largest lithium producer, of underpaying royalties by $11 million and vowed to take the US-based miner to international arbitration over what they called a breach of its contract with the government.

Albemarle to kick off Kemerton expansion in 2021

Mining News Pro - American lithium producer Albemarle is expecting to commission the expansion of the Kemerton lithium plant in Western Australia next year, with sales production starting in 2022.

Albemarle moves ahead with expansions despite lithium market weakness

Mining News Pro - Albemarle Corp, the world’s no. 1 lithium producer, is moving forward with expansion projects at Kemerton in Western Australia and La Negra in Chile, both of which it expects to commission next year.

Albemarle to shutter two lithium facilities in the US

Mining News Pro - US miner Albemarle (NYSE: ALB), the world’s no. 1 lithium producer, said this week it would temporarily shut two operations due to weaker demand for the commodity used in batteries that power electric vehicles (EVs).

Albemarle to use ARMS Reliability management solution

Mining News Pro - Albemarle has chosen ARMS Reliability’s asset strategy management software to enhance maintenance for its Wodgina lithium joint venture (JV) project with Mineral Resources (MinRes) in Western Australia.

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