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New York-listed Albemarle has completed its purchase of Chinese lithium firm Guangxi Tianyuan New Energy Materials for US$200 million.
Albemarle buys Chinese lithium firm
Tianyuan's operations include a lithium conversion plant with a designed annual conversion capacity of up to 25,000mt LCE and can produce battery-grade lithium carbonate and lithium hydroxide.
'Nothing has changed in terms of supply/demand fundamentals'
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