Complete construction of the Kemerton II facility

Not delivered by the deadline

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Announced: 4 Aug 2021
Due: 31 Mar 2022
Checked: 18 Oct 2026

Deadline
Met
Late
Not met
Today

What the company said

“Kemerton II construction completion now expected by the end of the first quarter 2022”

SourceAlbemarle Corporation Form 8-K press release, 2021-08-04
FilingSEC filing index
Deadline as statedend of the first quarter 2022
Deadline used31 Mar 2022, the last day of the stated period
TypeFacility
Permanent referenceKI-C-2021-ALB-014414
Cite as https://keptindex.org/c/KI-C-2021-ALB-014414/ — this address never changes.

What we found

Evidence strength A What the grades mean

The company failed to complete construction of the Kemerton II facility by the March 31, 2022 deadline, subsequently pushing the expected completion date to the second half of 2022.

A
Albemarle Corporation 10-Q filed 2022-05-04 Regulatory filing · published 4 May 2022 · retrieved 18 Oct 2026 · kept permanently by the SEC · fingerprint 709647676fab
“due to the ongoing labor shortages and COVID-19 pandemic travel restrictions in Western Australia, Train II construction is now expected to be completed in the second half of 2022.” ✓ confirmed on the page

Market reaction: the shares moved +24.2% against the S&P 500 over the three sessions around the disclosure (3 May 2022 to 6 May 2022). What this measures

Checked 18 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

Deadline drift +275 days
3 versions

Version 1 · original · stated 4 Aug 2021

Deadline 31 Mar 2022 (“end of the first quarter 2022”) · wording expected
Version 2 · stated 3 Nov 2021

Deadline 31 Dec 2021 (“by the end of the year”) · wording firm

“Albemarle remains on track to complete construction of Kemerton I by the end of the year”
Source for this version
Version 3 · stated 3 Nov 2021

Deadline 31 Dec 2022 (“in the second half of 2022”) · wording expected

“Kemerton II is now expected to complete construction in the second half of 2022”
Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type: Facility opening
Indicative materiality: High rules
Action: Complete
Deliverable: Kemerton II facility
Where: Western Australia
Language: Expected (“expects”, “plans”)
In the company’s control: High
Specificity: High

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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