Albemarle expects sales to fall considerably in 2024 on lower lithium prices. That could hit cash flows, which is why Albemarle is now raising money to fund expansion. Albemarle said it plans to sell ...
Albemarle's consensus analyst price target has edged upward from $92.92 to $96.45. This reflects a nuanced shift in market expectations. This modest adjustment comes as analysts weigh evolving lithium ...
Albemarle stock has fallen significantly in one year because of plunging lithium prices. China largely drives lithium supply, but one large producer is reportedly cutting down production. Any ...
Albemarle Corp. — the largest lithium miner in the world — is cutting jobs and postponing projects, including in the Charlotte region. On Wednesday, the Charlotte-based company outlined cost-cutting ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
Facing a slowdown in the electric vehicle market and slumping lithium prices, Charlotte-based Albemarle Corp. announced plans to slash costs on Wednesday. Albemarle has been working to reopen a ...
Albemarle Corp (NYSE:ALB), a leading global producer of lithium for electric vehicle batteries, shares are surging Monday afternoon following news that could significantly tighten the global lithium ...
Albemarle Corp. — the world’s largest lithium miner — is taking additional cost-saving steps, including laying off hundreds employees, following a loss of more than $1 billion as lithium prices ...
LAS VEGAS, June 25 (Reuters) - Albemarle (ALB.N), opens new tab, the world's largest lithium producer, plans to hold more auctions for the metal used in electric vehicle batteries to boost price ...
Albemarle Corp (NYSE:ALB) reported financial results for the second quarter after the market close on Wednesday. Here’s a rundown of the report. ALB shares are trending up after hours. See the chart ...