CHARLOTTE, N.C., July 21, 2016 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB ) announced today that it's wholly owned subsidiary, Rockwood Lithium Ltda., and Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM ; Santiago Stock Exchange: SQM-B, SQM-A) have reached an agreement to work together to safeguard the ecosystem in the Salar de Atacama. Specifically, this joint effort will involve the development of a coordinated and informed environmental administration with the goal to protect the sensitive systems in the Salar de Atacama. These efforts will be executed through the implementation of common technical tools to further enrich the knowledge of this ecosystem.