Lithium’s hard-rock expansions are set to continue beyond 2021 after Albemarle and Mineral Resources agreed a $1.15 billion deal in Q4 2018. The agreement will see Western Australia’s Mineral Resources sell a stake of its Wodgina project to Albemarle, establishing a 50/50 joint venture between the two companies.
Under the joint venture the Wodgina mine will produce spodumene concentrate, which will ultimately be processed into battery grade lithium hydroxide.
Albemarle said that once ramp-up of the spodumene concentration plant is complete, it expects the Wodgina processing plant to produce the 100,000 tonnes per . . .