Commodities & Energy

Reuters reports Albemarle's claim to unique lithium technology draws scrutiny

Reuters reports Albemarle's claim to unique lithium technology draws scrutiny

Reuters outlined Albemarle Corp’s claim to have developed a unique process that would more than triple its lithium production from Chile’s Atacama desert without using more water is drawing increased scrutiny from regulators and investors pushing for more details. CEO Luke Kissam told his audience that the questions around its technology were “not a big deal” and the company might not need it after all, before announcing the scaling back of the expansion of two Chilean lithium projects.