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Thursday, 05/09/2019 12:53:50 PM

Thursday, May 09, 2019 12:53:50 PM

Post# of 2722
Albemarle_to increase_Lithium output_30% using_mysterious magic_beans
https://www.reuters.com/article/us-albemarle-results-electric/albemarle-touts-new-project-to-boost-its-chilean-lithium-output-by-30-percent-idUSKCN1SF1VU

The Doctor

PS, FYI, new first quarter 2019 Trump climate change "game-changer" rains in the previously super-dry Atacama desert is killing production for evaporation brine pools. Albemarle will probably need $100M just to get a start on "magic beans" membrane concentration machinery (from Germany most likely) and $2B in the long run to update the whole company operation in Chile on their government-leased property as ditto for SQM... hence the probable reason for a recent $500M bond announcement. As you will recall, we will need $537M to accomplish a similar permanent goal/process/operation. During the upcoming Albemarle/SQM changeover process I am thinking export of LCE from Chile is going to drop way down.


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