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Albemarle raising $1.3B for lithium expansion

Company is building a hydroxide plant in Western Australia

Kristie Batten
Albemarle raising $1.3B for lithium expansion

Albemarle will also grant the syndicate of underwriters, led by JP Morgan, a 30-day option to acquire an additional $195 million worth of stock. The company will use the proceeds to accelerate growth...

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