Albemarle to invest in new battery materials project in Meishan, Sichuan [UPDATED]

United States-listed lithium producer Albemarle has signed an investment agreement with the local government of Pengshan Economic Development Zone in Meishan city, Sichuan Province to invest in a new lithium-ion battery materials project, the local government said.

Albemarle will invest $500 million in the new battery materials project. The project will have an annual capacity of 50,000 tonnes of lithium hydroxide, the local...

Published

Zihao Li

October 21, 2021

10:38 GMT

Shanghai