Albemarle Corporation

DXC Technology Names Patrick Thompson to Lead Enterprise Transformation

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Monday, April 29, 2024

Computer science, Albemarle Corporation, General counsel, Annual report, The Shaw Group, DXC, DXC Technology, Senior, Risk, Bachelor, Digital transformation, Business transformation, Louisiana State University, Amedisys, Management

ASHBURN, Va., April 29, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced Patrick Thompson has been named as Senior Vice President, Enterprise Transformation effective April 29, 2024, reporting directly to DXC Executive Vice President and Chief Operating Officer Jim Brady.

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ASHBURN, Va., April 29, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced Patrick Thompson has been named as Senior Vice President, Enterprise Transformation effective April 29, 2024, reporting directly to DXC Executive Vice President and Chief Operating Officer Jim Brady.
Thompson brings expertise in global enterprise business transformations, turnarounds and integration execution, operational improvement, and global business services integration.
Thompson served as Chief Information & Digital Transformation Officer at Albemarle Corporation and Executive Global Business Service Leader.
"Patrick is a global enterprise transformation leader, with a strong combination of C-Suite leadership, technology expertise, business operations and administration-proven P&L transformational experience," said DXC President and Chief Executive Officer Raul Fernandez.

Ashland Board appoints Scott A. Tozier as new director

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Monday, April 15, 2024

Financial management, Safety, Albemarle Corporation, Ashland Global, Biophysical environment, Information technology, Audit committee, Honeywell, Management

WILMINGTON, Del., April 15, 2024 (GLOBE NEWSWIRE) -- Effective today, Ashland Inc. (NYSE: ASH) has announced the appointment of Scott A. Tozier, strategic advisor to the CEO and former executive vice president and chief financial officer of Albemarle Corporation to its Board of Directors.

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WILMINGTON, Del., April 15, 2024 (GLOBE NEWSWIRE) -- Effective today, Ashland Inc. (NYSE: ASH) has announced the appointment of Scott A. Tozier, strategic advisor to the CEO and former executive vice president and chief financial officer of Albemarle Corporation to its Board of Directors.
Tozier will serve on the Board's Audit Committee and Environmental, Health, Safety and Quality Committee, each also effective April 15, 2024.
With the addition of Tozier, Ashland temporarily increases the size of the Board to 10 members until the next Annual Stockholders Meeting in January 2025.
“I am delighted to welcome Scott as a new director to the Ashland Board,” said Guillermo Novo, chair and chief executive officer, Ashland.

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

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Friday, April 26, 2024

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

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VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

Retrieved on:

Friday, April 26, 2024

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

Key Points:

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

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Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

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The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
"Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

Retrieved on:

Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points:

The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
"Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

ALBEMARLE DONATES $1 MILLION TO CLEVELAND COMMUNITY COLLEGE TO FURTHER SUPPORT WORKFORCE DEVELOPMENT PROGRAMS

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Wednesday, April 17, 2024

Lithium, Albemarle Corporation, Cleveland Community College, Community college, Sustainability, Foreign policy, Health, CCC, ALB, Faculty, Workforce, Student, Kings Mountain Mine, Growth

CHARLOTTE, N.C., April 17, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced a $1 million donation to Cleveland Community College (CCC) for the purchase of equipment, supplies and facility improvements to benefit workforce training programs. The Shelby, NC-based college's programs are designed to strengthen the region's pipeline of skilled and diverse workers to support the growth of businesses and projects, such as the redevelopment of the Kings Mountain Mine.

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In addition, Albemarle employees are expected to benefit from customized training programs for the mine's mineral processing facility.
"We are grateful to Albemarle for this significant investment," said Dr. Jason Hurst, President of Cleveland Community College.
"Not only does it benefit the delivery of workforce training programs, but it also provides Cleveland Community College with the means to develop new and innovative training programs and apprenticeships that support local and regional businesses.
Cleveland Community College has high-quality, professional instructors that are eager to deliver training with the proposed new equipment.

Albemarle Corporation to Release First-Quarter 2024 Earnings Results on Wednesday, May 1, 2024

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Friday, April 5, 2024

ALB, Webcast, Health, Albemarle Corporation

CHARLOTTE, N.C., April 5, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its first-quarter 2024 earnings after the NYSE closes on Wednesday, May 1, 2024.

Key Points:

CHARLOTTE, N.C., April 5, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its first-quarter 2024 earnings after the NYSE closes on Wednesday, May 1, 2024.
The company will hold a conference call to discuss its first-quarter 2024 results on Thursday, May 2, at 9:00 a.m.
Access to the call is available via webcast or direct dial.
A link to the webcast can be found through Albemarle Corporation's website at http://investors.albemarle.com .

Herc Holdings Inc. Announces Nomination of Lorin Crenshaw to Board of Directors

Retrieved on:

Monday, April 1, 2024

Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that its Board of Directors has nominated Lorin Crenshaw to stand for election as a new Director at the Company's 2024 Annual Meeting of Stockholders on May 16, 2024.

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Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that its Board of Directors has nominated Lorin Crenshaw to stand for election as a new Director at the Company's 2024 Annual Meeting of Stockholders on May 16, 2024.
Mr. Crenshaw brings more than 25 years of diversified financial experience to the Board.
“We welcome Lorin Crenshaw’s nomination to the Board,” said Patrick Campbell, Chairman of the Herc Holdings Board of Directors.
“The skills he has acquired through his strategic and financial advisory roles will complement those of our other Directors and advance our efforts to unlock value for Herc Holdings and its stockholders.”
“We are excited about our plans to add Lorin to the Board,” said Herc Holdings President and CEO Larry Silber.

Li-Cycle Provides Organizational Structure Update

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Tuesday, March 26, 2024

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today provided a business update regarding its organizational structure.

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Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today provided a business update regarding its organizational structure.
Ajay Kochhar, Li-Cycle President and CEO, commented: “We are recalibrating our organizational structure to better align with the more focused priorities of Li-Cycle.
Conor Spollen, who has been with Li-Cycle since January 2022, has assumed the role of Chief Operating Officer (COO).
These steps are expected to generate approximately $10 million in payroll and benefit cost savings on an annualized basis.