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Albamarl defers Richburg lithium megaplex; county says grant and fee-in-lieu request withdrawn
Summary
County staff reported that Albamarl has asked the state to terminate a rural infrastructure grant and the county fee-in-lieu agreement for a planned $1.3 billion lithium hydroxide plant in Richburg; the company purchased a 700-acre site but never broke ground and no state grant funds were disbursed.
In an update to Chester County Council, the county administrator reported that Albamarl has deferred spending on its planned 1.3 billion-dollar lithium hydroxide processing facility in Richburg and has requested termination of the related state rural infrastructure grant and the county fee-in-lieu agreement.
Administrator Mr. Chester said the company purchased a roughly 700-acre site and…
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