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Mineral Resources Limited

Albemarle set to invest in Australian lithium joint venture

Mon, 11/26/2018 - 00:00 -- John Shepherd

US chemicals company Albermarle has signed an exclusivity agreement to create a potential lithium joint venture in Western Australia.

Albemarle said the agreement with Mineral Resources Limited (MRL) could lead to the creation of a 50-50 joint venture to own and operate the Wodgina hard rock lithium mine in the state’s Pilbara region— and “ultimately develop an integrated lithium hydroxide operation at the site”.

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