Albemarle Corporation has developed technology for lithium extraction from brine. This technology allows us to recover lithium that is present in the underground brines at our Magnolia, Arkansas facility and utilize it to produce lithium carbonate. The market for lithium chemicals is expected to grow rapidly, reaching $1.2 billion globally by 2015, primarily from increased demand for batteries in electrical vehicles. Using this new technology and brine from our bromine production facility, we successfully produced lithium carbonate in a lab setting and are currently operating a pilot plant to optimize the process.
Albemarle Lithium Carbonate Press Release
Last Updated: 12/13/2013 3:00:35 PM
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