SANTIAGO - Albemarle Corp on Tuesday detailed a process it believes will increase its Chilean lithium output by nearly a third and said it is working to reduce the affect of precipitation on its evaporation ponds.
A month ago, U.S.-based Albemarle announced it had developed a process to boost Chilean lithium output by 30% without extracting more brine from the Atacama, the world’s driest desert. “The technology we’re looking at an investing in is essentially reprocessing some of those salts that contain some lithium,” David Ryan, Albemarle’s head of corporate strategy and investor relations, told the Fastmarkets Lithium Supply and Markets Conference in Santiago.
Albemarle’s operations are now only 50% efficient in the Atacama, meaning they are able to extract half of the lithium from the region’s brine.Albemarle has been eyeing partnerships with technology firms to boost its yield, she said.
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