Economy Chief Says Chile's Lithium Products Likely to Get US Subsidies [BNN Bloomberg (Canada)]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: BNN Bloomberg
attracting a wave of fresh investment from companies seeking to tap into the country's vast reserves of the battery metal. Economy Minister Nicolas Grau, who expects talks with the Biden administration to conclude this year, said a positive decision would allow locally-manufactured lithium cathode to be built into electric vehicles that receive US subsidies. “We're very optimistic that it will happen,” Grau said in an interview from his office in downtown Santiago. “The way the law is framed creates the opportunity.” As a major producer of key electric vehicle ingredients such as lithium and copper, Chile is at the forefront of the global transition to clean energy. President Gabriel Boric's leftist administration introduced last year a national lithium policy that, while giving the state a bigger role in the sector, aims to open up new areas to mining as well as encourage more investments in plants to turn semi-processed metal into battery components. If extended to value-add
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ALB
News
- Albemarle (ALB) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals AssetsPR Newswire
- Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals AssetsPR Newswire
- On Lithium's Frontier, Miners Are Betting on a Greener Second Act [Yahoo! Finance]Yahoo! Finance
- On Lithium's Frontier, Miners Are Betting on a Greener Second Act [BNN Bloomberg (Canada)]BNN Bloomberg
ALB
Earnings
- 2/14/24 - Beat
ALB
Sec Filings
- 3/28/24 - Form 10-K/A
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form DEF
- ALB's page on the SEC website