Albemarle, the world's largest lithium producer, plans to hold more auctions to boost price transparency and promote a better understanding of the lithium market. This move aims to build trust and provide consistent supply contracts for automakers. The company will share auction data with pricing agencies to create publicly available prices, which should boost hedging and financial contracts. Albemarle is also focusing on aggressive growth in Chile's Salar de Atacama but has no plans for new bids in other lithium-rich areas.