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For the year, Albemarle expects lithium sales to jump at least 30% from 2022 levels. “Our growth potential extends well beyond the current EV opportunity,” Kent Masters, Albemarle’s chief ...
Why lithium prices could rebound Albemarle stock is down 40% this year, even after factoring in today's gains. Oversupply concerns amid a global slowdown in the demand for electric vehicles (EV ...
Albemarle maintained its outlook for the year, in which it plans to spend between $1.6 billion and $1.8 billion in capital expenditures, but said it may trim that amount in the future.
Albemarle Corporation ALB is benefiting from higher lithium volumes on strong demand, capacity expansion and productivity actions amid headwinds from the weakness in the specialties unit. Shares ...
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