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Albemarle scales back Australia lithium plans

US chemicals giant Albemarle is delaying the construction of lithium hydroxide capacity in response to market conditions.

Albemarle scales back Australia lithium plans Albemarle scales back Australia lithium plans Albemarle scales back Australia lithium plans Albemarle scales back Australia lithium plans Albemarle scales back Australia lithium plans

Albemarle kicked off construction of the Kemerton plant in Western Australia in March this year

The decision to delay construction of roughly 125,000 tonnes of lithium carbonate equivalent hydroxide capacity will reduce capital expenditures by about US$1.