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Worries have been mounting that global EV demand is softening and not keeping pace with aggressive growth targets set by automakers and regulators. That is reflected in lithium prices, which have tumbled more than 60% this year. Albemarle, which supplies Tesla and other automakers, sells most of its lithium on long-term contracts linked to market pricing.
PHOENIX, Ariz. -Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a...
By Ernest Scheyder PHOENIX, Ariz. (Reuters) -Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much ...