Albemarle To Use Caterpillar Equipment At Zero-Emissions Lithium Mine
Provided by
Dow Jones
By Ben Glickman
Albemarle Corp. will use Caterpillar battery-powered mining equipment in its lithium mine site after the two signed collaboration agreements.
The Charlotte, N.C.-based supplier of lithium and other materials said Wednesday that it would use Caterpillar's equipment as it attempts to make its Kings Mountain, N.C., mine the first zero-emissions lithium mine in North America.
In exchange, Caterpillar will be able to use Albemarle's North American-produced lithium in its battery production. The two companies also agreed to explore opportunities to collaborate while researching battery technology.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
September 27, 2023 14:31 ET (18:31 GMT)
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