Question · Q3 2025
Chris Farrell asked about the potential increase in resource production in 2026 from Greenbushes (extra train) and La Negra ramps, and if Albemarle has a first right of refusal on Wodgina and discussions with partners.
Answer
CEO Kent Masters stated La Negra is near capacity with only marginal, incremental improvements expected. CGP3 at Talison will start at the end of this year and ramp through 2026, aiming for full capacity by year-end. He declined to comment on Wodgina's process. CFO Neal Sheorey added that 2025 growth benefited from one-time inventory reductions, which won't recur in 2026, making the described ramps crucial for offsetting this.
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