In 2020, Albemarle Corporation finalized the acquisition of Rockwood Holdings, a well-established market leader in the lithium segment. The strategic move provided significant reinforcement to Albemarle's global presence in the lithium sector. Rockwood Holdings possessed a large lithium unit, i.e., lithium hydroxide that was being used in electric vehicle (EV) batteries at the time. A... https://www.coherentmarketinsights.com/blog/key-development-in-lithium-hydroxide-industry-2059