Albemarle plans to invest up to 3.1 billion dollars in lithium extraction projects in Chile
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This technology is known as Direct Lithium Extraction (DLE) and aims to nearly double the recovery rate while reducing the amount of brine extracted from the Atacama salt flat. Albemarle has already tested this method at a pilot plant, achieving a recovery rate of over 94%. The current plan is to develop a modular plant, which is expected to commence construction in the second half of 2028.
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