A Onetime Paper Maker Is Now the King of Lithium

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Nearly a decade ago, executives at chemical company Albemarle made a $6 billion bet that demand for lithium was poised to take off. Turns out, they were right.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Albemarle, started as a paper mill in 1887, is key to making electric cars and smartphones

An Albemarle lithium mine in Chile’s Atacama Desert. The company also has lithium mining operations in Nevada and Australia.

 

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