Albemarle said on Thursday it will double production at its lithium facility in Silver Peak, Nevada, to boost supply for the electric vehicle (EV) market. As global demand for electric vehicles (EV) grows, North American automotive manufacturers are seeking to regionalize their supply chain for greater security and sustainability.
Beginning in 2021, the world’s largest lithium producer plans to invest $30 million to $50 million to double the current production at the Nevada site by 2025, making full use of…Albemarle To Double Nevada Lithium Production
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