Albemarle launches USD1.3-billion stock offering, expects sequential sales increase

Albemarle launches USD1.3-billion stock offering, expects sequential sales increase
WESPECH PTE LTD
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04.02.2021

MOSCOW (MRC) -- Albemarle has commenced a USD1.3-billion common stock offering, to raise funds for multiple lithium expansion projects, according to Chemweek. The projects are in Australia, Chile, and the US. Albemarle will also use the proceeds to pursue "opportunities in China," and for short-term debt repayment and general corporate purposes, the company says.Shares in Albemarle close

Full article at mrcplast.com

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