Cutting global heating emissions relies in huge part on electrifying transport. Electrifying transport relies on massively scaling up mining & processing of a handful of minerals. The most famous of those minerals is lithium. The
. For the state of North Carolina, that should be exciting, as Albemarle is based in Charlotte, North Carolina. Also notable is that 41% of Albemarle’s revenue, as of 2021, comes from lithium. Now, Albemarle is digging in and doing more in the Tar Heel State to advance lithium production. The mining giant has announced that it is going to invest $180 million or more to create the Albemarle Technology Park in Charlotte, North Carolina.
. “Albemarle Technology Park is part of our mine-to-market innovation strategy to invest in the U.S. EV battery supply chain and to be a leader in advanced lithium materials for next-generation energy storage,” said Kent Masters, Albemarle CEO. “This facility will focus and accelerate our lithium technology leadership, better enabling the world’s transition to more sustainable energy.
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