Lithium Mining Market Booming as EV Popularity Skyrockets - Seite 3

Lithium Americas Corp. (NYSE: LAC) (TSX: LAC) recently announced the Nevada Division of Environmental Protection ("NDEP") has issued the final key state-level permits for the Thacker Pass lithium project in Humboldt County, Nevada ("Thacker Pass" or the "Project"). The three approved permits include the Water Pollution Control Permit, Mine Reclamation Permit and Class II Air Quality Operating Permit.

"With the final key state environmental permits in hand, Lithium Americas can begin to advance Thacker Pass towards construction," said Jonathan Evans, President and CEO. "Thacker Pass provides an opportunity to enable a US-based battery supply chain for the growing electric vehicle market. Our commitment to developing Thacker Pass in the most environmentally responsible way is demonstrated from over a decade of conducting the necessary planning, design and engagement."

Albemarle Corporation (NYSE: ALB) recently announced its results for the fourth quarter and full year ended December 31, 2021.

Fourth-Quarter 2021 and Recent Highlights Were: Net sales of $894 million, an increase of 2%; Net loss of ($3.8) million, or ($0.03) per diluted share; Adjusted diluted EPS of $1.01; Adjusted EBITDA of $229 million, an increase of 3%; Improved full-year 2022 outlook based on anticipated ability to capitalize on favorable market conditions for lithium and bromine; adjusted EBITDA expected to be 35%-55% higher Y/Y excluding FCS; La Negra III/IV conversion plant is in commercial qualification; Kemerton I conversion plant is mechanically complete and in the commissioning phase; construction team now dedicated to Kemerton II; and Signed non-binding letter agreement to explore expanding the MARBL JV to increase optionality and reduce risk.

"Our team delivered a strong year that exceeded expectations by executing our strategy and effectively responding to a number of challenges in 2021. We increased our net sales and adjusted EBITDA by 11% and 13%, respectively, excluding FCS," said Albemarle CEO Kent Masters. "Our Lithium and Bromine businesses are performing well. With a firm focus on executing our growth strategy, we are well positioned for opportunities to deliver significant value to our shareholders. The strategic investments we've made in our Lithium business as well as the progress of several key projects will enable us to potentially double our nameplate capacity by the end of 2022 and accelerate our Wave 3 projects."