Brief: Albemarle And Martin Marietta Sign Innovative Agreement For Beneficial Use Of Material From Kings Mountain Mine

Martin Marietta Materials

08/05/2024 12:24

May 8 (Reuters) - Albemarle Corp  ALB.N :
    * ALBEMARLE AND MARTIN MARIETTA SIGN INNOVATIVE AGREEMENT
FOR
BENEFICIAL USE OF MATERIAL FROM KINGS MOUNTAIN MINE
    * ALBEMARLE CORP: AGREEMENT IS PART OF ALBEMARLE'S PLAN TO
RESUME
LITHIUM MINING OPERATIONS AT KINGS MOUNTAIN MINE
    * ALBEMARLE CORP - AGREEMENT ALSO CALLS FOR A ROYALTY FEE
FOR EACH
TON OF AGGREGATE SOLD BY MARTIN MARIETTA TO BE PAID TO ALBEMARLE
    * ALBEMARLE CORP - ALBEMARLE PLANS TO DELIVER LIMESTONE
MATERIAL
TO MARTIN MARIETTA'S KINGS MOUNTAIN QUARRY, ADJACENT TO KINGS
MOUNTAIN MINE

Source text for Eikon:  ID:nPn33Sgy6a 
Further company coverage:  ALB.N 

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