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Lithium prices jumped 4% to three-month highs on Thursday after China's Zangge Mining said it suspended lithium production at its facility in Qinghai province following directives from local ...
Albemarle has agreed to pay more than $218 million to settle an investigation into bribes paid by third-party sales representatives. The Charlotte, N.C.-based supplier of lithium and other ...
Albemarle , the world's largest lithium producer, said on Tuesday it has received a grant of $90 million from the U.S. Department of Defense to expand production of the critical raw material for ...
Albemarle, the world’s most valuable lithium producer, reached an agreement in principle with U.S. authorities to pay a $218.5 million fine to resolve an investigation into potential improper ...
Albemarle , the world's largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71% drop in prices for the ...
The stock price of Albemarle, a chemicals company that is also one of the world’s largest producers of lithium, a key raw material for electric vehicle batteries, has seen its stock decline by ...
Albemarle's dividend faces risks as lithium prices fall, cash flow declines, and debt rises. Read more on why ALB is a Sell, as a dividend cut may be imminent.
Assuming prices of $13.5/kg in 2025 (the midpoint of their scenario guidance), Albemarle forecasts $5.7B of sales and $1.5B of Adj. EBITDA. This would put them at a Fwd P/S of 1.2X and EV/Adj ...