Albemarle Strategic Growth Presentation
Maintaining Strategy to Deliver Volumetric Growth
350
Min Res Share
■Potential Tolling
300
Expected Lithium Sales Volumes¹
(kt LCE)
■Technical Grade Spodumene
■Lithium Carbonate
250
■Lithium Hydroxide
200
Expected 2023 volume
+30-35% Y/Y
CAGR +20-30%2
+/-
+/-
150
100
50
50
+/-
+/-
Assumes ~2 years to ramp a
new conversion plant
■ Includes expansions at Silver
Peak, La Negra, Kemerton,
Qinzhou, and Meishan
■ Technical-grade spodumene
sales (~10 ktpa) and tolling (0-70
ktpa) included
Volumes increasing into the
coming years
Further upside potential from:
Additional tolling volumes as
bridge to further conversion
expansions
Additional conversion assets
2022
2023E
2024E
2025E
2026E
2027E
1 All figures shown on attributable basis in LCE, reflecting 50% ownership of Wodgina, 100% ownership of Kemerton, excludes specialty products
Approximate 5-yr CAGR based on 2022 to 2027E
2
Albemarle
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