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AAP
AAP
Business
Marion Rae

US battery chemicals giant plugs in Aussie supply chain

Albemarle MinRes lithium Mineral Resources Chris Ellison

Lithium miner Mineral Resources will get a footprint in China under a deal with a global battery chemical leader to secure supplies and joint processing.

MinRes and United States-headquartered Abermarle, one of the world's largest producers of lithium for the electric vehicle industry, have announced a revamp of the two companies' joint venture.

"Our Australian lithium assets are core to Albemarle's strategy to build a globally diversified portfolio of best-in-class assets and resources," Albemarle CEO Kent Masters said on Thursday.

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