ALBEMARLE

ALBEMARLE

Albemarle had their first Community Consultation in Harvey Shire on July 11th

There were aver 100 people an attendance to hear about the Albemarle proposal for its proposed Lithium refinery at Kemerton.

Snapshot

  • 90 HA located within Kemerton Strategic Industrial area
  • Processing of Spodumene ore from Talison Mine at Greenbushes to produce Lithium Hydroxide Monohydrate
  • Construction to commence late 2018  – initial production of 20 ktpa  rising to 100 ktpa at full capacity (2022 – 2025)
  • Employment needs 500+ during construction and 500-600+ at full production
  • Huge value adding potential for WA Versus exporting Ore to China

So, what is Lithium Hydroxide Monohydrate used for ?

Lithium is used to produce the batteries to power out future and batteries are helping to reduce greenhouse gasses, promote e mobility, enable lifesaving medical services and diversify the worlds energy mix. Lithium-ion batteries and Lithium  are used in consumer products including

  • Electric vehicles
  • Home and business energy storage systems
  • Mobile devices
  • Portable power tools
  • High strength glass
  • Ceramics
  • Industrial lubricants

As you can see, the proposed Albemarle Kemerton plant is a project of State significance and a major project for S/W Western Australia. It represents the first new investment in the Kemerton Strategic Industrial Area for many years.

Expected economic Benefits and impact

  • More than $1Billion being invested of which more than 65% is being spent within Australia
  • It is estimated that more than 80% of its ongoing spend is expected to remain in Australia
  • Huge value adding opportunities to product export by value adding and downstream processing
  • The economic multiplier effect is significant for the S/West of WA as well as the State
  • 300 to 500 local jobs during construction and 500+ jobs at full scale operation.
  • Payment of significant taxes, fees, charges in the form of GST, Income, Land and payroll tax
  • It is intended that Albemarle will set up a non-profit  Foundation dedicated to Community projects and financial support for local deserving initiatives.