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Top producer Albemarle risks shutting German plant if EU declares lithium a hazard

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Reuters UK

By Clara Denina and Pratima Desai LONDON (Reuters) – Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal used in electric vehicle batteries is declared a hazardous material by the European Union, its finance chief told Reuters. Lithium’s pivotal role in electric vehicles makes it an important commodity in meeting global targets to cut carbon emissions, and it was added to the EU’s list of critical raw materials in 2020. However, the European Commission is currently assessing a proposal by the European Chemicals Agency (ECHA) to classify lithium ca…

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