Albemarle Growth and Economic Outlook slide image

Albemarle Growth and Economic Outlook

Potential to Triple Lithium Conversion Capacity by 2030 Estimated Lithium Conversion Nameplate Capacity¹ 100% basis, ktpa LCE basis Meishan I/II 200 ktpa Other APAC Kemerton III/IV US Mega-Flex Qinzhou II Magnolia EU Mega-Flex La Negra Expansion Antofalla 500-600 ktpa FYE 2022 Capacity 2023-2024 2025-2027 2028-2030 Potential 2030 Capacity Highlights Globally diversified portfolio of vertically integrated lithium conversion assets Building from Albemarle's presence in major markets A train of capacity is ~25kpta; economies of scale with multiple trains at each location Sell or toll excess resources to bridge to new conversion assets Indicative conversion capital costs² vary by region: $25-$30k in Australia, N. America, EU -$20k in Latin America ~$10-15k in China Further accelerating growth; potential 2030 capacity up ~15% from previous target 1 All figures shown on 100% basis; pending regulatory approvals, ALB's expected attributable share of Kemerton is 100% 2 Per annual ton of capacity Albemarle 26 26
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