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Stock impact report

ALBEMARLE AND MARTIN MARIETTA SIGN INNOVATIVE AGREEMENT FOR BENEFICIAL USE OF MATERIAL FROM KINGS MOUNTAIN MINE [Yahoo! Finance]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Yahoo! Finance
May 8, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced an innovative agreement with Martin Marietta Materials, Inc. (NYSE: MLM) a leading supplier of building materials — including aggregate, cement, ready mixed concrete and asphalt — to make beneficial use of extracted limestone material from Albemarle's proposed Kings Mountain Mine project. This agreement is part of Albemarle's plan to resume lithium mining operations at the Kings Mountain Mine in an environmentally and socially responsible manner, including opportunities to repurpose byproduct material and enhance the economic benefits for the surrounding community. Under the agreement, Albemarle plans to deliver limestone material to Martin Marietta's Kings Mountain Quarry, adjacent to the Kings Mountain Mine. Martin Marietta plans to process and sell the limestone material as construction aggregate for use in infras Show less Read more
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