Albemarle Files $3.1B Lithium Extraction Permit in Chile

2026-03-25 - 17:50

Key Points — Albemarle filed for environmental review of a $3.1 billion direct lithium extraction project in Chile’s Salar de Atacama, the largest lithium investment currently under review in the country — The technology would nearly double lithium recovery while reducing net brine extraction, returning roughly 90% of processed brine to the salt flat —