On a quiet back road in regional WA, Albemarle's dream of building Australia's biggest lithium hydroxide processing plant lies in tatters. Huge tanks and piles of metal that were supposed to be ...
Albemarle is the best-positioned American company in the lithium market, but current low prices make the industry a survival game. The company faces financial challenges due to an 80% drop in ...
Albemarle will ... to headwinds from weak lithium prices. The impacted facility, the Kemerton plant in Australia, is where the company produces battery-grade lithium hydroxide for electric ...
Albemarle , the world's largest producer of lithium, swung to a quarterly profit as cost cuts helped offset low prices of the ...
Albemarle stock was rising in premarket trading. BofA Securities analyst Matthew DeYoe upgraded shares of the lithium miner to Buy from Hold.