CHARLOTTE, N.C., Sept. 2, 2020 /PRNewswire/ -- Albemarle
Corporation (NYSE: ALB), a leader in the global specialty chemicals
industry, announced today the company has been selected by the U.S.
Department of Energy (DOE) as a critical partner for two lithium
research projects over three years through a Battery Manufacturing
Lab Call. Albemarle will work in
conjunction with two DOE labs on the company's approved
projects.
The first project, in collaboration with Argonne National
Laboratory, is "Advanced Brine Processing to Enable U.S. Lithium
Independence." This research enables the development of a
novel technology which provides a new production route eliminating
steps in the current state-of-the-art process by going directly
from lithium chloride to lithium hydroxide.
The second project, which will be done in partnership with
Pacific Northwest National Laboratory, is "Scaling Up of
High-Performance Single Crystalline Ni-rich Cathode Materials with
Advanced Lithium Salts." This project will accelerate the
commercialization of high-energy cathodes for extended battery life
in the electric vehicle (EV) application.
"We are honored to have the DOE select these two important
research efforts in partnership with Argonne National Laboratory
and Pacific Northwest National Laboratory," said Dr. Glen Merfeld, Vice President and Chief
Technology Officer, Lithium. "Successful execution of the first
project will allow for more efficient utilization of the lithium
brine resource in the Clayton Valley area of Nevada and a new pathway to a critical lithium
material. The technology could also help make U.S. geothermal and
oilfield brines more economical, including our brine reserves in
Magnolia, Arkansas. Through the second project, we will learn
how tailored lithium salts can further improve cathode performance,
leading to more energy dense and longer life lithium ion
batteries."
About Albemarle
Albemarle Corporation (NYSE:
ALB), headquartered in Charlotte,
N.C., is a global specialty chemicals company with leading
positions in lithium, bromine and refining catalysts. We think
beyond business-as-usual to power the potential of companies in
many of the world's largest and most critical industries, such as
energy, electronics, and transportation. We actively pursue a
sustainable approach to managing our diverse global footprint of
world-class resources. In conjunction with our highly experienced
and talented global teams, our deep-seated values, and our
collaborative customer relationships, we create value-added and
performance-based solutions that enable a safer and more
sustainable future.
We regularly post information to www.albemarle.com, including
notification of events, news, financial performance, investor
presentations and webcasts, non-GAAP reconciliations, SEC filings
and other information regarding our company, its businesses and the
markets it serves.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/albemarle-selected-by-us-department-of-energy-for-lithium-research-projects-301123271.html
SOURCE Albemarle Corporation