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Charged EVs | Albemarle announces North Carolina technology park to explore advanced lithium technology

Albemarle broadcasts North Carolina know-how park to discover superior lithium know-how

Specialty chemical substances producer Albemarle has acquired a location in Charlotte, North Carolina, the place it plans to take a position at the very least $180 million to determine the Albemarle Expertise Park (ATP).

The ability will probably be designed for novel supplies analysis, superior course of growth and acceleration of next-generation lithium merchandise to market. The corporate expects that improvements on the proposed web site will improve lithium restoration, enhance manufacturing strategies and introduce new types of lithium for advances in battery efficiency.

Plans additionally embrace new product commercialization in partnership with strategic clients and applied sciences to unlock new lithium assets, scale back vitality and water use, and allow lithium restoration by means of cost-effective recycling. Albemarle anticipates preliminary occupancy of the ATP by early 2025 and completion by late 2026.

Supply: Albemarle

Tags: Albemarle, EV Batteries

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