MANAGEMENT

DoD investing in domestic lithium supply chain

The US Department of Defense (DOD) has earmarked US$90 million to Albemarle in an effort to strengthen the country’s lithium production sector.

Albemarle will use the investment to purchase a new fleet of mining equipment.

Albemarle will use the investment to purchase a new fleet of mining equipment.

The agreement was penned by the Office of the Assistant Secretary for Industrial Base Policy through its Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office. The cash infusion...

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