Albemarle Mining News

Chile is taking Albemarle to International Court over lithium prices

The country's state development agency says Albemarle has failed to provide as much as 25% of its annual production at a discount to companies seeking to produce battery metals within Chile, as stipulated in a contract signed in 2016.

Mineral Resources signs $1.1B lithium deal with Albemarle

Mineral Resources shares spiked on the news, closing Thursday 26.6% higher at A$15.76.

Chilean regulators reject Albemarle's plans to boost lithium output

The applicant does not present the details necessary to rule out significant adverse impacts on the soil, water and air.

Albemarle profit rise beats forecasts on lithium price hikes

Lithium sales rose less than 1% as production slipped due to unexpected shut downs at three of our lithium manufacturing sites - Albemarle

Chilean govt to seek international arbitration over Albemarle contract

Albemarle failed to make a "serious" offer for its annual production capacity to be provided at a discounted rate - Corfo

Albemarle shares drop after media report on Chile lithium quota

Shares of Albemarle Corp fell more than 2 percent on Monday.

Chile regulator refuses to raise Albemarle lithium output quota -newspaper

Albemarle requested an increase of 258,446 metric tons of Metallic Lithium Equivalent but the government says the information provided was not sufficient to justify the increase.

Albemarle eyes future as pure-play lithium market leader

Albemarle aims to eventually end its dependence on two smaller units to fund growth as global appetite surges for electric vehicles and consumer goods.

Chile says to clamp down on water rights in lithium-rich Salar de Atacama

Chile is preparing major new restrictions on the extraction of water from the lithium-rich Salar de Atacama salt flats, home to top lithium miners Albemarle and SQM.

Battery boom skeptics seen driving short holdings in lithium miners

Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting a sign of growing scepticism.

US electric car sector, wary of China, seeks more domestic lithium

China is home to the majority of the world's lithium processing facilities and sucks up most output of top producer Australia.

In lithium hot spot, ghost towns recall another boom gone bust

While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production.

It's time to regulate the lithium cartel

There is an emerging oligopoly in one of the hottest elements on the periodic table, lithium.

Chile approves increase in lithium quota for Albemarle

Albemarle has said it could invest $1 billion in Chile over the next five years if the plan was approved.

The EV future is here and already boosting earnings for miners

“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”