U.S.-based Albemarle Corp and Chile's SQM operate just 3 miles (5 km) apart in the remote Salar, a basin in the Atacama, which is home to one of the world's richest deposits of high-grade lithium.

SALAR DE ATACAMA, Chile (Reuters) - Albemarle Corp hopes to expand its lithium operations in Chile's Atacama salt flat as early as 2028 with direct lithium extraction (DLE) technology under its ...

U.S.-based Albemarle Corp and Chile’s SQM operate just 3 miles (5 km) apart in the remote Salar, a basin in the Atacama that is home to one of the world’s richest deposits of high-grade lithium.

As global demand for critical minerals intensifies, Albemarle (NYSE:ALB) continues to position itself as a global leader not ...

The mining companies Albemarle and SQM have laid out yearslong plans to bring desalinated seawater to their lithium operations in Chile’s Salar de Atacama so they can introduce direct lithium ...

U.S.-based Albemarle Corp, ... local regulators of seeking to keep secret a coveted report about the environmental impact of lithium mining in Chile's Salar de Atacama, ...

CHARLOTTE, N.C., June 20, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced ...

Lithium net sales of $291.9m, down 2.1% versus 2018 largely due to production disrupted by rains in the Salar de Atacama, qualification delays at Xinyu II and currency movements.

Albemarle's observations suggest that SQM's extraction activities would have had a greater impact than Albemarle's on the decreases in brine and fresh water in the Salar de Atacama aquifer.

Because of the royalty expense, neither Albemarle nor SQM, which also operates at the Salar de Atacama, is the lowest-cost producer if lithium prices are $20,000 per metric ton or higher.

Other terms from a 2016 agreement with Albemarle remain unchanged, CORFO said, including the deal's validity through 2043 and the option to purchase assets in the Salar de Atacama.