Login

Albemarle Picks South Carolina for $1.3 Billion Lithium Plant To Supply EV Makers

Chemical Company To Produce Lithium Hydroxide for Electric Vehicle Batteries Near State Capital
Albemarle Corp., which mines lithium at these evaporation ponds in Silver Lake, Nevada, said it will build a $1.3 billion plant near Columbia, South Carolina, to process lithium hydroxide. (Getty Images)
Albemarle Corp., which mines lithium at these evaporation ponds in Silver Lake, Nevada, said it will build a $1.3 billion plant near Columbia, South Carolina, to process lithium hydroxide. (Getty Images)
CoStar News
March 22, 2023 | 7:28 P.M.

In the second major battery project announced for South Carolina on Wednesday, Albemarle Corp. said it will construct a $1.3 billion plant near Columbia to make a critical product used in electric vehicle batteries.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE