Albemarle(US:ALB) Prnewswire·2024-04-17 10:50Core Viewpoint - Albemarle Corporation has announced a $1 million donation to Cleveland Community College to enhance workforce training programs, particularly in support of the Kings Mountain Mine redevelopment project [1][2]. Group 1: Donation and Training Programs - The donation will be used for purchasing equipment, supplies, and facility improvements to benefit workforce training programs at Cleveland Community College [1]. - The funding is expected to support the Heavy Equipment Operator Program and apprenticeship programs for electrical and process operations roles [2]. - Customized training programs for Albemarle employees will also be developed, focusing on the mine's mineral processing facility [2]. Group 2: Community and Economic Impact - The Kings Mountain site is one of the few known hard-rock lithium deposits in the U.S., with the proposed mine and processing facility expected to create over 1,000 construction jobs and an additional 300 full-time skilled roles [3]. - Albemarle has committed over $2 million to community initiatives in the region since 2016, focusing on health, social services, and educational initiatives [3]. Group 3: Strategic Importance - A skilled workforce is deemed critical for strengthening the U.S. supply chain of lithium, which is essential for various industries [2]. - The donation builds on a previous $5 million funding commitment to Cleveland Community College as part of a larger $150 million grant from the U.S. Department of Energy for the Kings Mountain Mine project [2].