Albemarle 8-K 2025-02-12

Filed 2025-02-12. 1 sections, 8K characters. Original on sec.gov · Markdown · JSON

Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 8-K


CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) February 12, 2025


ALBEMARLE CORPORATION

(Exact name of Registrant as specified in charter)


Virginia001-1265854-1692118
(State or other jurisdiction of incorporation)(Commission file number)(IRS employer identification no.)

4250 Congress Street, Suite 900

Charlotte, North Carolina 28209

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code

(980) 299-5700

Not applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
COMMON STOCK, $.01 Par ValueALBNew York Stock Exchange
DEPOSITARY SHARES, each representing a 1/20th interest in a share of 7.25% Series A Mandatory Convertible Preferred StockALB PR ANew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 8 - Other Events

Item 8.01. Other Events.

Technical Report Summaries

Albemarle Corporation (“Albemarle” or the “Company”) is filing this Current Report on Form 8-K to provide the Technical Report Summaries (“TRS”) relating to the lithium mineral resources and reserves at the Company’s Greenbushes property, Wodgina property, Salar de Atacama property and Silver Peak property, and its bromine mineral resources and reserves at the Company’s Jordan Bromine Operation and Magnolia properties, and the related qualified person consents. The TRS and related qualified person consents filed as exhibits hereto will be incorporated into the Company's Annual Report on Form 10-K for the year ended December 31, 2024 by reference to this filing.

Section 9 - Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
NumberExhibit
23.1Consent of SRK Consulting (U.S), Inc. regarding lithium reserves and resources
23.2Consent of Fastmarkets regarding market studies for lithium reserves and resources
23.3Consent of RPM Global USA, Inc. regarding lithium reserves and resources
23.4Consent of RPS Energy Canada Ltd regarding bromine reserves and resources
23.5Consent of RESPEC Company, LLC regarding bromine reserves and resources
96.1SEC Technical Report Summary, Greenbushes Mine, Western Australia, prepared by RPM Global USA, Inc., dated February 10, 2025
96.2SEC Technical Report Summary, Wodgina Operation, Western Australia, prepared by RPM Global USA, Inc., dated February 10, 2025
96.3SEC Technical Report Summary, Prefeasibility Study, Salar de Atacama Region II, Chile, prepared by SRK Consulting (U.S), Inc., dated February 8, 2025
96.4SEC Technical Report Summary Prefeasibility Study, Silver Peak Lithium Operation, Nevada, USA, prepared by SRK Consulting (U.S), Inc., dated February 8, 2025
96.5SEC Technical Report Summary for Jordan Bromine Operation, prepared by RPS Energy Canada Ltd and RESPEC Consulting Inc., dated February 12, 2025
96.6SEC Technical Report Summary for Magnolia Field Bromine Reserves, prepared by RPS Energy Canada Ltd, dated February 12, 2025
104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 12, 2025

ALBEMARLE CORPORATION

By:/s/ Neal R. Sheorey
Neal R. Sheorey
Executive Vice President and Chief Financial Officer