{"schema_version":"secwatch.filing_event.v1","accession":"0000915913-23-000052","form_type":"8-K","ticker":"ALB","cik":"0000915913","company_name":"ALBEMARLE CORP","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.559128+00:00","generated_at":"2026-06-19T00:19:43.251835+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Albemarle restructures MARBL Lithium JV, splits into Wodgina and Kemerton JVs; MRL to invest in China assets","bullets":["Albemarle sells 10% of Wodgina to MRL for $216M, resulting in 50/50 ownership; buys 25% of Kemerton for $216M, raising stake to 85%.","Net cash adjustments from AWPL to WLPL estimated at $100M–$150M; MRL to pay Albemarle ~$350M for past downstream costs.","Australia completion expected Q2 2023; China completion (MRL acquiring 50% of Albemarle UK) expected H2 2023 or Q1 2024.","MRL will fund 50% of costs at nominated downstream assets up to 100,000 tpa LCE capacity; Albemarle retains operational control.","Marketing agreement terminated; tail volume of 1,000 kt/month of WLPL's lithium hydroxide sold to Albemarle US through Dec 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000915913-23-000052","json":"https://secwatch.observer/filing/0000915913-23-000052.json","markdown":"https://secwatch.observer/filing/0000915913-23-000052.md","text":"https://secwatch.observer/filing/0000915913-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915913/000091591323000052/0000915913-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915913/000091591323000052/alb-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:19:43.251835+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}