What is the expected EBITDA for the company in 2022
 views on technology as are we and when it will be ready. And as Kent pointed out, we're doing some novel process development and linking it into how we might run our con -- our conversion plants or ad -- adapt those plants and those designs for that capability.
So it is early days, but our model is really well-positioned with its customer base and it's spread across the various cathode technologies, and with our global footprint to -- to really take advantage of that trend as it develops in the next decade.
David Begleiter -- Deutsche Bank -- Analyst
Thank you. And -- and just on your Wave 3 projects you list on Slide 8, when should -- should we see -- expect the formal announcement on which project will be mo -- moving forward and how do you rank order of these projects right now in your mind as likelihood of moving forward first?
Kent Masters -- Chief Executive Officer
Yeah, I think the order that we listed them, that's kind of our -- our order, so we expect to see a China facility would be the first thing that we would move on. We're -- we're working on that, investigating it, doing planning around it now. But it -- it's still at a -- it's a point where it could be an acquisition and then an acquisition using -- has some element of work to it before it really becomes an Albemarle facility or a greenfield plant. But we're -- we're working on that now and we'd probably come to a FID on that late '21, depending on whether it's an acquisition or a Greenfield.
David Begleiter -- Deutsche Bank -- Analyst
Thank you very much.
Operator
Thank you. Our next question comes from Ben Kallo with Baird. Your line is now open.
Ben Kallo -- Robert W. Baird -- Analyst
Thanks for taking my question. Maybe I'm just taking a step back. Could you talk a bit about just visibility in your lithium sales as we move into next year? Like we see all these announcements from big auto EMS and -- and -- and then smaller start-ups. And can you talk about how your salespeople attack those companies and then your lead time to that? And then maybe meet -- weaving in next year going from I think the Streets are like $850 million this year to over $1 billion of EBITDA next year.
Not to ask for guidance for '22, but just can you give us some puts and takes for growth in -- in '22 with -- with both volume and then how you think about pricing as well? Thank you.
Eric Norris -- President of Lithium
Good morning, Ben. This is Eric Norris. First, in terms of the visibility, we see -- see near term, which I think was your first question. We have two approaches we take, right? One is exactly what Kent described in the call, which is a macro to micro approach of modeling demand, and that has led us with some of the announcements you've referenced to increase our demand outlook on a macro basis.
That -- a big part of that is what happens on the ground with our salespeople. Our strategy has been and will continue to be to use contracts to secure long-term volumes. That requires a discussion with the customer to commit anywhere from three to five years and a discussion that follows that into the details of what they are looking at from -- from a -- from a specific chemistry, location, and quantity point of view. So I'd characterize our visibility as -- as quite reasonable and good in that regard, giving us the certainty we need to expand and positioning us well in the market to grow with -- with the additional resources we have.
Maybe you could repeat your second question?
Ben Kallo -- Robert W. Baird -- Analyst
My second -- my second question was just the -- the Street is modeling about 20% growth, and it's mostly coming from lithium from '21 to '22. Can you talk about the -- the puts and takes that we should think about without giving -- without having to give guidance, but the -- the volume you're bringing on and how we should think about that versus pricing that maybe rebalance as you move to new contracts?
Scott Tozier -- Chief Financial Officer
Yeah. Ben, this is Scott. I'll take -- I'll take that question. So as you look into 2022, the volumetric growth comin
 views on technology as are we and when it will be ready. And as Kent pointed out, we're doing some novel process development and linking it into how we might run our con -- our conversion plants or ad -- adapt those plants and those designs for that capability.
So it is early days, but our model is really well-positioned with its customer base and it's spread across the various cathode technologies, and with our global footprint to -- to really take advantage of that trend as it develops in the next decade.
David Begleiter -- Deutsche Bank -- Analyst
Thank you. And -- and just on your Wave 3 projects you list on Slide 8, when should -- should we see -- expect the formal announcement on which project will be mo -- moving forward and how do you rank order of these projects right now in your mind as likelihood of moving forward first?
Kent Masters -- Chief Executive Officer
Yeah, I think the order that we listed them, that's kind of our -- our order, so we expect to see a China facility would be the first thing that we would move on. We're -- we're working on that, investigating it, doing planning around it now. But it -- it's still at a -- it's a point where it could be an acquisition and then an acquisition using -- has some element of work to it before it really becomes an Albemarle facility or a greenfield plant. But we're -- we're working on that now and we'd probably come to a FID on that late '21, depending on whether it's an acquisition or a Greenfield.
David Begleiter -- Deutsche Bank -- Analyst
Thank you very much.
Operator
Thank you. Our next question comes from Ben Kallo with Baird. Your line is now open.
Ben Kallo -- Robert W. Baird -- Analyst
Thanks for taking my question. Maybe I'm just taking a step back. Could you talk a bit about just visibility in your lithium sales as we move into next year? Like we see all these announcements from big auto EMS and -- and -- and then smaller start-ups. And can you talk about how your salespeople attack those companies and then your lead time to that? And then maybe meet -- weaving in next year going from I think the Streets are like $850 million this year to over $1 billion of EBITDA next year.
 Not to ask for guidance for '22, but just can you give us some puts and takes for growth in -- in '22 with -- with both volume and then how you think about pricing as well? Thank you.
Eric Norris -- President of Lithium
Good morning, Ben. This is Eric Norris. First, in terms of the visibility, we see -- see near term, which I think was your first question. We have two approaches we take, right? One is exactly what Kent described in the call, which is a macro to micro approach of modeling demand, and that has led us with some of the announcements you've referenced to increase our demand outlook on a macro basis.
That -- a big part of that is what happens on the ground with our salespeople. Our strategy has been and will continue to be to use contracts to secure long-term volumes. That requires a discussion with the customer to commit anywhere from three to five years and a discussion that follows that into the details of what they are looking at from -- from a -- from a specific chemistry, location, and quantity point of view. So I'd characterize our visibility as -- as quite reasonable and good in that regard, giving us the certainty we need to expand and positioning us well in the market to grow with -- with the additional resources we have.
Maybe you could repeat your second question?
Ben Kallo -- Robert W. Baird -- Analyst
My second -- my second question was just the -- the Street is modeling about 20% growth, and it's mostly coming from lithium from '21 to '22. Can you talk about the -- the puts and takes that we should think about without giving -- without having to give guidance, but the -- the volume you're bringing on and how we should think about that versus pricing that maybe rebalance as you move to new contracts?
Scott Tozier -- Chief Financial Officer
Yeah. Ben, this is Scott. I'll take -- I'll take that question. So as you look into 2022, the volumetric growth comin