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Mining in the Carolinas - Betting on History for a Second Wave of Discovery

$ALBPress releaseJul 8, 2026, 8:00 AM ETRead the release

Albemarle's Kings Mountain project in North Carolina reached a milestone in March 2026 with the completion of open pit dewatering, which removed over a billion gallons of water. The proposed mine holds the potential to produce nearly 3.1 million tons of lithium-bearing spodumene ore annually, serving as a potential cornerstone for a domestic supply chain.

Key figures

Water removed
more than a billion gallons
Potential annual ore production
3.1 million tons

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.