Albemarle joins forces with Caterpillar for zero-emissions mining
Albemarle Corporation and Caterpillar Inc. have entered into a strategic partnership aimed at advancing the development and implementation of zero-emissions mining technologies. The collaboration underscores a shared commitment to sustainability and innovation, marking a significant step towards reducing the environmental impact of mining operations.
The partnership is centered around Albemarle’s initiative to transform its Kings Mountain site in North Carolina into North America’s first zero-emissions lithium mine. Caterpillar will support this endeavor by deploying battery-electric trucks and site energy transfer solutions, enhancing the efficiency and sustainability of mining operations.
Eric Norris, president of energy storage at Albemarle, highlighted the mutual benefits of the collaboration. Both companies will serve as customers and suppliers to each other, fostering an environment of innovation that extends beyond traditional boundaries. The partnership is expected to yield advancements in battery cell technology and recycling methods, addressing the growing demand for sustainable energy solutions.
Rod Shurman, senior vice president of electrification and energy solutions at Caterpillar, echoed Norris’s sentiments. The agreements will bolster the development of lithium-ion batteries and battery-electric products, aligning with global efforts to achieve net-zero carbon emissions.
The collaboration comes in the wake of a USD90 million award to Albemarle from the U.S. Department of Defense. The funding is intended to support the expansion of domestic mining and production of lithium, a critical component in the nation’s battery supply chain.
Anita Natesh, commercial vice president for North America, Europe, and India for energy storage at Albemarle, emphasised the global impact of the partnership. The collaboration with Caterpillar extends beyond the realm of electric vehicles, showcasing Albemarle’s commitment to powering the broader clean energy transition.
Rob Hoenes, senior vice president of resource industries operations and products at Caterpillar, highlighted the opportunity to contribute to Albemarle’s goal of establishing the first zero-emissions lithium producer in North America. The partnership signifies a concerted effort to foster a more sustainable future for the mining industry.
