The International Lithium Association (ILiA) said it added Albemarle Corp as a founding core member of the newly formed industry association.
Albemarle, the world’s largest producer of lithium for electric vehicles, is the latest to join ILIA after mining giants including Rio Tinto and BASF.
ILIA was formed earlier this year to address common challenges in the lithium supply chain amid rising demand for battery metals for electric vehicles, according to the trade group.
ILIA’s five original founding members – SQM, Gunfeng Lithium AMG Brazil, Orocobre and Pilbara Minerals – are responsible for more than half of the world’s lithium production.
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