The rapid expansion of the global lithium-ion battery market is reinforcing both the scale of future demand and the strategic opportunity for Australia to move further up the value chain.
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Albemarle exit creates opportunity for local players to scale downstream lithium
Albemarle’s decision to place its Kemerton lithium hydroxide processing plant in Western Australia into care and maintenance has underscored the structural challenges facing Australia’s downstream lithium ambitions – but it may also mark a pivotal reset for domestic players seeking to scale value-added processing.
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A new Albemarle takes shape
Albemarle has revealed several executive changes as part of its company wide structural change, most of which will take effect on November 1.
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Potential redevelopment of Kings Mountain lithium mine
Albemarle could breathe new life into the mothballed Kings Mountain mine, with the company submitting state and federal permit applications to advance the project.
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Mixed bag for Albemarle amid Kemerton cutback
Albemarle sales totalled $1.4 billion in the June quarter thanks to a 37 per cent boost in energy storage capacity.
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Aussie billions open to the world
Chinese-owned Tianqi Lithium is high on the list of foreign companies set to access billions under the Australian Government’s new Critical Minerals Production Tax Incentive.
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A mixed bag for Albemarle
Amid lower lithium prices, Albemarle has delivered a mix bag of results for the March 2024 quarter.
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Majors back local communities
Mineral Resources (MinRes) and Albemarle have detailed their recent contributions to local communities in Western Australia and North Carolina, US near Albemarle’s Kings Mountain lithium mine.
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Bright future for WA lithium
Western Australian Minister for Mines and Petroleum David Michael has emphasised the importance of attracting global investment in the state’s lithium sector.
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Talison ups investment in WA community
Talison Lithium will provide the Shire of Bridgetown-Greenbushes in Western Australia with $2.25 million in funding for a wide range of projects under the Partnering for the Future program.
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Albemarle, BMW team up on EVs
Albemarle has agreed to supply battery-grade lithium to BMW Group to help the automaker manufacture electric vehicles (EVs).
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Albemarle billions break records
Albemarle reported $US9.6 billion ($14.7 billion) in net sales for 2023, the highest in the company’s history.
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IGO to weather lithium downturn
IGO has announced plans to see through the current slump in lithium prices.
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Albemarle sells Liontown stake amid scaling back operations
Three months after it withdrew its $6.6 billion takeover bid of Liontown Resources, Albemarle is looking to sell its four per cent stake in the company.
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Albemarle welcomes new head
Albemarle has appointed a new senior vice president – its current chief of external affairs and communications officer, Cynthia Lima.
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Arcadium Lithium willing to wait on WA assets
Albemarle strikes out on its own
Albemarle said it is finished with the lithium buy-up frenzy following its decision not to go ahead with its $6.6 billion Liontown acquisition last month.
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Southwest WA’s role in supporting decarbonisation
Western Australian Minister Don Punch has addressed the Critical Minerals Industry Luncheon in Bunbury, where he emphasised the importance of the southwest WA region’s role in supplying and processing critical minerals needed for the clean energy transition.
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Albemarle soars to new heights
Chemical manufacturing giant Albemarle has announced a bumper third quarter with a 10 per cent increase in net sales.
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What’s behind Hancock’s lithium moves?
The Australian lithium landscape has experienced a surge of activity in the latter half of 2024, as miners snap up new stakes and make significant takeover bids.
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