Biggest Lithium Miner Gears Up to Tap Metal From Old Cars
- Albemarle to act as partner in recycling end-of-life batteries
- ‘It’s a pretty comprehensive effort and a critical one’
Photographer: SeongJoon Cho/Bloomberg
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The world’s biggest lithium miner wants to extract more of the battery metal from old cars as demand surges and aging electric vehicles are traded in.
Albemarle Corp. is making investments and partnering with automotive equipment manufacturers on the recycling effort, which it calls “critical” to its future growth.