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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Albemarle Corporation | NYSE:ALB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -3.24 | -2.49% | 126.91 | 130.80 | 126.64 | 129.00 | 1,655,082 | 01:00:00 |
From May 2023 to May 2024
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)
Copyright (c) 2023 Dow Jones & Company, Inc.
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