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NASDAQ reported that Rockwood Holdings, Inc. (NYSE:ROC) plans to invest $140 million in a lithium carbonate production plant in Chile.

NASDAQ reported that Rockwood Holdings, Inc. (NYSE:ROC) plans to invest $140 million in a lithium carbonate production plant in Chile.

As quoted in the market news:

The new investment, along with the company’s current $75 million expansion program in the United States, will increase total annual production capacity to 50 thousand metric tons of lithium carbonate equivalent by end of 2013.

Click here to read the full NASDAQ report.

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