News
12 August 2019

Albemarle pushing back construction as lithium prices fall

In:
Metals and Mining
Region:
Americas

US-based global lithium producer Albemarle is to delay construction of approximately 125,000 tonnes of new processing capacity in the wake of a fall in worldwide lithium prices. The company has called this a strategic move, aiming to reduce capital expenditure by $1.5 billion to boost healthy cash...

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