Sustainability of the Salar de Atacama will be safeguarded by a joint effort between SQM and Albemarle
Specifically, this joint effort will involve the development of a coordinated and informed environmental administration with the goal to protect the sensitive systems in the Salar de Atacama. These efforts will be executed through the implementation of common technical tools to further enrich the knowledge of this ecosystem. As part of this agreement, SQM has agreed that it will not pursue its complaints against Rockwood Lithium Ltda.'s environmental approval RCA 21/2016, which approved the increase in brine extraction rates for expansion of battery grade lithium carbonate production.
"At Rockwood Lithium we have always stated that the future of local business should be based on a collaborative model among the Government, private entities and local communities. This agreement focuses on a sustainable operation of the Salar de Atacama that considers the highest standards while looking towards the future," said
Discovering and implementing new and better performance-based sustainable solutions is what motivates all of us. We think beyond business-as-usual to drive innovations that create lasting value. Albemarle employs approximately 6,900 people and serves customers in approximately 100 countries. We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations,
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding
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Media and Investor Relations Contact: Matt Juneau, (225) 388-7940, Matt.Juneau@albemarle.com