Chile’s economic development agency said it reached an agreement with U.S.-based Albemarle to establish an option to increase its production quota by 240,000 metric tons of lithium metal equivalent (LME), reported Reuters. The increase would raise Albemarle’s production quota by close to 50%, from about 460,000 metric tons of LME currently. CORFO said that Albemarle would need to prove its…
Read MoreChile provides Albemarle option to increase quota
