Q2 2023 Performance Overview slide image

Q2 2023 Performance Overview

Diversified Portfolio of World-Class Resources in Multiple Jurisdictions Estimated Lithium Resource, Nameplate Capacity¹ 100% basis, ktpa LCE basis -200-225 ktpa Wodgina III Salar Yield Improvement Silver Peak Expansion Greenbushes III Wodgina + Greenbushes + Kings Mountain Magnolia Antofalla FYE 2022 Capacity 2023-2024 2025-2030 Highlights ~400-650 ktpa Potential 2030 Capacity Strong resource position enables capital-efficient expansions, profitability through cycle Greenbushes has significant long- term potential Kings Mountain opens significant US supply; $150M DOE grant helps de-risk project M&A can help fill the resource gap- dependent on market conditions Recycling can help fill the resource gap as the market matures On average resources cost $5-25k per annual ton of capacity (brownfield - greenfield) Strategy to remain vertically integrated from resources to advanced materials 1 All figures shown on 100% basis; pending regulatory approvals, ALB's expected attributable share of Wodgina is 50%; ALB attributable share of Greenbushes is 50% ALBEMARLE 25 55
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