Albemarle details efforts to boost its Chilean lithium output by 30%

Albemarle 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.

Both steps should, if successful, help the world’s largest lithium producer solidify its operations in Chile’s Atacama desert, which contains massive reserves of the white metal used to make electric vehicle batteries.