Albermarle train wreck management continues.
Basically, shelved plans for Train 3 construction at Kemerton, mothballed Train 2 and will focus on trying to get Train 1 running.
Sounds like they are cash strapped, don’t know how to run a Hydroxide plant and are battening down the hatches. Doesn’t sound like production increases and targets are happening anytime soon.
https://www.prnewswire.com/news-releases/albemarle-announces-asset-and-cost-actions-to-enhance-competitiveness-and-proactively-respond-to-dynamic-market-conditions-302210534.html
Albermarle train wreck management continues. Basically, shelved...
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