Albemarle's lithium business receives 2015 National Mining Society award for lithium operations in Chile

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Aug 28, 2015, 09:00 ET

BATON ROUGE, La., Aug. 28, 2015 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), through its subsidiary Rockwood Litio Limitada, was presented with the prestigious 2015 National Mining Society award for its valuable contributions to the advancement of the lithium industry in Chile. Albemarle, with operations in La Negra, Chile and Salar de Atacama, Chile, has made significant investments in R&D and production capacity in the region.

"Over the past three decades, we've been focused on developing innovative products and processes to not only satisfy international lithium demand, but to elevate Chile as a world leader in lithium production," stated Stephen Elgueta, General Manager for Albemarle's Chilean operations. "We are thrilled to be recognized by the National Mining Society for our efforts and look forward to continuing the advancement of lithium extraction and processing technology while sustaining the cultural and natural significance of the region."

The award was presented to Rockwood Lithium on August 28 at an annual banquet in Santiago, Chile. The event was hosted by the National Mining Society and attended by various industry and government representatives, including Chilean President, Michelle Bachelet. During the banquet, the company was also among the finalists for the coveted John T. Ryan award due to its exemplary safety record in 2014.

About Albemarle
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a premier specialty chemicals company with leading positions in attractive end markets around the world. With a broad customer reach and diverse end markets, Albemarle develops, manufactures and markets technologically advanced and high value added products, including lithium and lithium compounds, bromine and bromine derivatives, catalysts and surface treatment chemistries used in a wide range of applications including consumer electronics, flame retardants, metal processing, plastics, contemporary and alternative transportation vehicles, refining, pharmaceuticals, agriculture, construction and custom chemistry services. Albemarle is focused on delivering differentiated, performance-based technologies that deliver innovative and sustainable solutions to its customers. The Company employs approximately 6,900 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings and other information regarding the Company, its businesses and the markets it serves.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.

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