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US Lithium Refinery Project

Sector: Manufacturing (Industrial) • Location: South Carolina, United States

Source: Mining.com

Project
Paused

Albemarle's plans to build the largest lithium refinery in the US have been paused due to a global glut of lithium that has significantly reduced market prices. The project, which was estimated to cost $1.3 billion, is currently on hold as the company reassesses the economic viability of the venture.

Status
Closed
Sector
Manufacturing (Industrial), Oil and Gas
Location
South Carolina, United States of America
Updated
22 Jul 2026
Source
Mining.com

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Project Information

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The project “US Lithium Refinery Project” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in South Carolina, United States. Taiyo aggregates data on it from Mining.com.

Participants

Not available for this record.

Status

Original status

paused

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Albemarle's plans to build the largest lithium refinery in the US have been paused due to a global glut of lithium that has significantly reduced market prices. The project, which was estimated to cost $1.3 billion, is currently on hold as the company reassesses the economic viability of the venture.

Original sector

Mining

Budget

Location

Country

United States of America (USA)

State

South Carolina

Source

Source

Mining.com

URL

More Details

Record type

Project

Sector

Manufacturing (Industrial), Oil and Gas

Article published date

2025-05-06

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