A key supplier to the electric vehicle industry is putting construction of a $1.3 billion factory in South Carolina on hold due to a drop in lithium pricing.

Albemarle’s plan shows the existing, 2,300-foot mine pit will be extended southwest by 900 feet. The company also will go deeper in the pit from its existing deepest point at about 265 feet to ...

Albemarle , the world's largest lithium producer, said on Tuesday it has received a grant of $90 million from the U.S. Department of Defense to expand production of the critical raw material for ...

Albemarle Corp. is planning a new lithium hydroxide processing plant in Chester County, S.C., to be served by Lancaster & Chester Railroad.Construction is slated to start next year on the facility ...

Albemarle , the world's largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71% drop in prices for the ...

Chemical manufacturer Albemarle Corp. announced Wednesday an investment of up to $540 million to expand and modernize two bromine facilities in Magnolia to meet growing demand for fire safety and ...

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Albemarle has agreed to pay more than $218 million to settle an investigation into bribes paid by third-party sales representatives. The Charlotte, N.C.-based supplier of lithium and other ...

Albemarle, the world’s most valuable lithium producer, reached an agreement in principle with U.S. authorities to pay a $218.5 million fine to resolve an investigation into potential improper ...