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Albemarle Launches Comprehensive Review Of Its Cost And Operating Structure

Author: Benzinga Newsdesk | July 31, 2024 04:21pm

As part of the initial review to optimize its network, Albemarle today announced changes to the operating footprint at its Kemerton lithium hydroxide conversion site in Australia. The company will:  

  • Stop construction activities at Train 3
  • Idle production at Train 2 and place the unit in care and maintenance
  • Focus manufacturing efforts on the continued ramp and qualification of Train 1

Posted In: ALB


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