# Who does Albemarle pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/albemarle · Facet: suppliers · Updated: 2026-07-12T04:56:03.695+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Albemarle discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 1 dated sources, 1 of them primary filings (as of 2026-07-12).

### 스포듀민 정광 (Talison/Greenbushes·Wodgina 합작) (high)
- note: Albemarle buys spodumene concentrate as lithium feedstock, sourcing from Australia's Greenbushes mine (owned via its 49% Windfield/Talison JV) and the Wodgina mine (50% MARBL JV), plus brine lithium from Chile's Salar de Atacama.
- [confirms] Albemarle (EN, filing, published 2025-02-12) https://minedocs.com/28/Albemarle-Form-10-K-12312024.pdf: "We obtain lithium by purchasing concentrate from our 49% JV Windfield (Talison, which owns the Greenbushes mine) and our 50% MARBL JV (Wodgina mine), and via solar evaporation at Salar de Atacama in Chile and Silver Peak, Nevada."

### Windfield/Talison (그린부시 리튬광산)·MARBL(워지나) (high)
- note: Vertical integration that locks a lowest-cost-production moat with capital — a 49% stake in Windfield (holding of Talison, owner of Greenbushes) and the MARBL JV for the Wodgina mine internalize spodumene feedstock (Wodgina ownership was cut from 60% to 50% in 2025). Among the world's lowest-cost assets, this is why the lower lithium prices go, the sooner high-cost producers die and Albemarle endures.
- [confirms] SEC / Albemarle (EN, filing, published 2026-02-11) https://www.sec.gov/Archives/edgar/data/915913/000091591326000018/alb-20251231.htm: "Wodgina cut 60%→50% (2025); Greenbushes/Windfield 49%. 2025 capex slashed to $589.8M (from $1.7B)."
- [confirms] Albemarle (EN, filing, published 2025-02-12) https://minedocs.com/28/Albemarle-Form-10-K-12312024.pdf: "The Greenbushes mine is owned by Talison, wholly owned by Windfield Holdings in which Albemarle holds 49%, and the Wodgina mine is owned by the 50% MARBL JV."

### 가공·에너지·원료 (비공개) (mid)
- note: Albemarle procures energy and reagents to convert concentrate into lithium hydroxide and carbonate, plus feedstocks for bromine and catalysts. Individual details are not disclosed.
- [mentions] Albemarle (EN, filing, published 2025-02-12) https://minedocs.com/28/Albemarle-Form-10-K-12312024.pdf: "The cost of raw materials is generally based on market prices, though we may use contracts with price caps or other tools to mitigate volatility."

Reverse side: https://valuechain.wiki/albemarle/customers.md · Ripple: https://valuechain.wiki/albemarle/ripple.md

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