Battery | November 13, 2025
Posco invests US$765 million in Australian lithium JV with Mineral Resources
The agreed consideration values MinRes’ existing 50% interest in Wodgina and Mt Marion at approximately $3.9 billion
The agreed consideration values MinRes’ existing 50% interest in Wodgina and Mt Marion at approximately $3.9 billion
Albemarle separately signs agreement to sell its 50% stake in Eurecat joint venture to Axens SA
The acquisition also includes Ketjen's isomerization catalysts business.
Mark Mummert will assume the role of Chief Operations Officer, leading an integrated function encompassing resources, manufacturing, capital, and supply chain
Decision marks next step in comprehensive review of cost and operating structure
Plan includes responsible land and material use, environmental protection measures and ongoing community engagement
Sheorey was Vice President of Dow's Coatings & Performance Monomers business unit
The decision comes as Albemarle nears the end of its exclusive due diligence process
Before Chemours, Charles held various leadership positions with Phillips 66, Albemarle Corporation, Frito Lay, and Texas Instruments
The amended agreements are intended to further simplify commercial arrangements entered into by the parties in February of this year
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