Albemarle positioned to double lithium concentrate production at Greenbushes facility_by chemwinfo

16 March 2017

ABOUT ALBEMARLE

ABOUT TALISON LITHIUM

DETAILS

Albemarle Corporation 

announced today that

Talison,

a joint venture between

Albemarle and Tianqi Lithium Corporation,

has approved the expansion

of lithium concentrate production

at its Greenbushes, Australia spodumene mine.  

Greenbushes is the world's largest active lithium mine.

It has the largest hard rock lithium reserve,

and contains the highest concentration

of lithium oxide available of any active mine.

The expansion is intended to more than double

the LCE capacity at Greenbushes

from 80,000 MT/year to more than 160,000 MT/year,

of which Albemarle has a 50% interest in the offtake.

Commissioning of the expansion is expected

to begin in the second quarter of 2019.

John Mitchell,

president,

Lithium and Advanced Materials for Albemarle

"This project is integral to our announced lithium expansion plans

 so that we can meet the growing needs of our customers,"

"The expansion of the mine and ore upgrading facilities

  is a key deliverable in our supply strategy to grow

  total combined lithium carbonate equivalent (LCE) production

  to approximately 165,000 MT/year early in the next decade."

READ MORE

SOURCE Albemarle Corporation

Media Contact:

Susan Richardson,

(980) 299-5672,

Susan.Richardson@albemarle.com;

Investor Relations Contact:

Matt Juneau,

(225) 388-7940,

Matt.Juneau@albemarle.com

WWW.CHEMWINFO.COM  BY KHUN PHICHAI