There have been a number of changes at the top of major mining companies in recent weeks, including new CEOs at BHP, Codelco and now Albemarle

WRITTEN BY: NICK EDSTROM

JOB FROM: CHIEF COMMERCIAL OFFICER, BHP

JOB TO: PRESIDENT AND CEO, ALBEMARLE

BHP’ s CCO Ragnar Udd will succeed Kent Masters as the new President and CEO of Albemarle, with effect from February 2027 once Ragnar’ s notice period at BHP elapses. Ragnar will also join Albemarle’ s Board of Directors.

Albemarle is currently investing to expand lithium production capacity in response to the recent expansion in the global market for lithium.

Ragnar has experience managing capacity expansions as well as managing long-term commercial supply contracts with Asian end-users.

16 October 2026