Albemarle Corporation · NYSE:ALB
Albemarle — Corporate Update (January 2017)
6 slides from Albemarle's corporate update, Jan 9, 2017
Slide 1: Key Terms of Albemarle's Amended Lithium Production Rights Agreement with CORFO
Albemarle Corporation Supplement to 8-K Filed Jan 9th, 2017 Key Terms of Albemarle’s Amended Lithium Production Rights Agreement (“Amended Agreement”) with the Chilean Economic Development Agency (“CORFO”) 1 Exhibit 99.1
Slide 2: Forward-Looking Statements
Forward-Looking Statements 2 Some of the information in these materials, including, without limitation, Albemarle Corporation’s performance in connection with, resources available pursuant to, or costs or obligations in connection with, the amended agreement, product development, and all other infor
Slide 3: Key Terms of the Amended Agreement
Key Terms of the Amended Agreement1 • Provides for a new quota that, in combination with the original quota, allows Albemarle Corporation (“Albemarle”) to produce more than 80,000 metric tons of lithium carbonate equivalent (LCE) on an annual basis through 2043. • Albemarle agrees to invest in a thi
Slide 4: Amended Agreement: Commission Structure
Amended Agreement: Commission Structure Proprietary Information of Albemarle Corporation 4 Weighted Average Third Party Sales Price ($USD / Metric Ton LCE) Progressive Commission Rate (%) $0 – 4,000 6.8 4,001 – 5,000 8.0 5,001 – 6,000 10.0 6,001 – 7,000 17.0 7,000 – 10,000 25.0 > 10,000 40.0
Slide 5: Commission Structure: Examples
Commission Structure: Examples Proprietary Information of Albemarle Corporation 5 Weighted Average Third Party Sales Price ($USD / Metric Ton LCE) Progressive Commission Rate (%) Incremental Commission Paid ($USD / Metric Ton LCE) $0 – 4,000 6.8 $272 $272 4,001 – 5,000 8.0 80 80 5,001 – 6,000 10.0 1
Slide 6: NYSE
NYSE www.albemarle.com