Albemarle to invest over $1 billion in lithium plant as EV battery demand grows

Albemarle to invest over $1 billion in lithium plant as EV battery demand grows

Upworthy

Published

Albemarle Corp said on Wednesday it would invest at least $1.3 billion in its new lithium hydroxide plant in Chester County, South Carolina, to help meet growing demand for batteries that power electric vehicles. Lithium prices have surged over the past year with automakers seeking fresh supplies…

#albemarlecorp #chestercounty #southcarolina #usenergydepartment

Full Article