Albemarle Begins Earthworks at Kemerton Project, Remains On-Target in Western Australia Expansions
January 2, 2019
Albemarle recently received the required environmental approval from the Australian federal and state government for the Kemerton plant.
"The site earthworks at Kemerton today are on track with our projections," said
As previously disclosed, the Kemerton plant would have an initial capacity of 60,000 metric tons of LiOH with an ability to expand to 100,000 metric tons over time. The commissioning of the Kemerton site is expected to start in stages during the course of 2021.
Discovering and implementing new and better performance-based sustainable solutions is what motivates all of us. We think beyond business-as-usual to drive innovations that create lasting value. Albemarle employs approximately 5,400 people and serves customers in approximately 100 countries. We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations,
Some of the information presented in this press release, including, without limitation, information related to expected capacity and commissioning timelines , and all other information relating to matters that are not historical facts may constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed. Factors that could cause actual results to differ materially from the outlook expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; changes in priorities, financial and operating performance of our major customers and industries and markets served by us; the gain or loss of significant customers; competition from other manufacturers; changes in the demand for our products or the end-user markets in which our products are sold; unforeseen construction or engineering delays or complications and the other factors detailed from time to time in the reports we file with the
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Media Contact: Hailey Quinn, 980-299-5640, Hailey.Quinn@albemarle.com; Investor Relations Contact: David Ryan, 980-299-5641, David.Ryan@albemarle.com
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