Albemarle to invest in new battery materials project in Meishan, Sichuan [UPDATED]

October 22, 2021 / www.metalbulletin.com / Article Link

United States-listed lithium producer Albemarle has signed an investment agreement with the local government of Pengshan Economic Development Zone in Meishan city, Sichuan Province to invest in a new lithium-ion battery materials project, the local government said.

Albemarle will invest $500 million in the new battery materials project.The project will have an annual capacity of 50,000 tonnes of lithium hydroxide, the local...

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