Albemarle and Caterpillar agree to supply one another — lithium for electric mining equipment
Albemarle and Caterpillar agree to supply one another — lithium for electric mining equipment
Wednesday, September 27, 2023
Charlotte-based Albemarle Corp. is taking steps to make its planned lithium mine in Kings Mountain climate-friendly.
Under an agreement signed Wednesday, Albemarle will buy battery-powered mining equipment from heavy vehicle maker Caterpillar. In return, Albemarle will become the main supplier of lithium to Caterpillar for electric vehicle batteries.
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