Complete the third lithium carbonate plant in Chile
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 9 Jan 2017
- Due
- 31 Mar 2020
- Checked
- 18 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Albemarle expects this plant to be completed by early 2020.”
What we found
Evidence strength A What the grades mean
The company reported delays in the construction of its La Negra, Chile plant in filings dated after the early 2020 deadline, pushing the expected completion date to the end of 2021.
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A Albemarle Corporation 10-Q filed 2020-05-11
“We forecast our 2020 capital expenditures to be approximately $850 to $950 million, reflecting anticipated delays in certain capital expenditure projects, including the construction of our Kemerton, Australia and La Negra, Chile plants” ✓ confirmed on the page
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A Albemarle Corporation 10-K filed 2021-02-19
“We currently expect the construction of the Kemerton, Australia and La Negra, Chile plants to be completed by the end of 2021” ✓ confirmed on the page
Market reaction: the shares moved -3.0% against the S&P 500 over the three sessions around the disclosure (8 May 2020 to 13 May 2020). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Facility other
- Indicative materiality
- Medium rules
- Action
- Complete
- Deliverable
- third lithium carbonate plant
- Where
- Chile
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
- Depends on
- Partner
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2017-ALB-014403 · Corrections policy