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Albemarle, Piedmont get US funds for lithium

New York-listed Albemarle Corporation has secured a US$150 million grant from the US government as part of Washington’s funding aimed at expanding the domestic lithium-ion batteries sector and reducing the country’s reliance on imports of critical minerals.

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Albermarle gets lithium grant from Washington

The grant funding from the Department of Energy (DOE) is intended to support a portion of the anticipated cost to construct a new, commercial-scale lithium concentrator facility at Albemarle's Kings

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