Deep integration of Mineral Resources Limited and Albemarle.[1]...

Deep integration of Mineral Resources Limited and Albemarle.

[1] MinRes holds 15% stake in a refinery located in Kemerton, where Albemarle is constructing a facility for lithium hydroxide production.

[2] MinRes hold 50% stake in Wodgina, located in the Pilbara, in partnership with Albemarle.

[3] MinRes possesses 50% share in two lithium hydroxide refineries operated by Albemarle in China.

Mineral resources thinks building lithium hydroxide plants in Australia is difficult and expensive and wants to sell lithium directly to EV makers.

Only 30% of Albemarle projects are eligible for IRA credits.

Will Mineral Resources Limited and Albemarle collaborate for Phoenix?