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Operator: Hello, and welcome to Albemarle Corporation's Q2 2023 Earnings Call. [Operator Instructions].

(Bloomberg) -- Lithium has gotten so hot that even China’s gold miners want a slice of the market, sky high valuations and all. Zijin Mining Group Co.

Lithium has gotten so hot that even China’s gold miners want a slice of the market, sky high valuations and all.

Biggest lithium miner gears up to tap a new lode: old EVs Autoblog 2 hrs ago © REUTERS/Ernest Scheyder The world’s biggest lithium miner wants to extract more of the battery metal from old cars as demand surges and aging electric vehicles are traded in. Research Volvo Albemarle Corp. is making investments and partnering with automotive equipment manufacturers on the recycling effort, which it calls “critical” to its future growth. The miner is part of a growing list of companies looking to grab a share of the market for recovered battery materials as lithium supplies show signs of t...

Synopsis The recycling initiative is already underway at the Charlotte, North Carolina-based company, with a joint development agreement in place with a customer and the company looking at making investments with original equipment manufacturers. iStock Recycling is viewed by environmental groups as one important way to reduce new mining projects. The world’s biggest lithium miner wants to extract more of the battery metal from old cars as demand surges and aging electric vehicles are traded in. Albemarle Corp. is making investments and partnering with automotive equipment manufacturers on ...