Albemarle (ALB) Establishes Strategic Agreement With Ford Motor (F)
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Albemarle Establishes Strategic Agreement With Ford Motor Company
May 22, 2023 6:45 AM EDTNew five-year agreement supports EV production growth plans
CHARLOTTE, N.C., May 22, 2023Â /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced a definitive agreement with Ford Motor Company to deliver battery-grade lithium hydroxide to support the automaker's ability to scale electric vehicle (EV) production. Â Â
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