Cost cuts help Albemarle's results offset low lithium prices
Albemarle , the world's largest producer of lithium, swung to a quarterly profit as cost cuts helped offset low prices of the electric vehicle battery metal, but adjusted results reported on Wednesday fell short of analysts' expectations.
Albemarle deals with falling lithium costs, possible tariff impacts
International mining company Albemarle is reopening the Kings Mountain lithium mine. The plan is to extract the minerals to use in batteries for electric vehicles and standalone systems. But the company is struggling to turn a profit as lithium prices drop.
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Albemarle faces short-term challenges. But read why the long-term outlook for the lithium miner remains strong, driven by ...
BofA analyst Steve Byrne lowered the firm’s price target on Albemarle (ALB) to $103 from $110 and keeps a Buy rating on the shares. Q4 results ...
Q4 2024 Earnings Call Transcript February 13, 2025 Operator: Hello, and welcome to Albemarle Corporation’s Q4 2024 earnings ...
Lithium heavyweight Albemarle will mothball one of its processing plants in China as it continues cost-cutting measures that ...
Truist analyst Peter Osterland lowered the firm’s price target on Albemarle (ALB) to $85 from $96 and keeps a Hold rating on the shares after ...
Oppenheimer adjusted its outlook on Albemarle Corporation (NYSE:ALB), a global developer of lithium and other chemical solutions. The firm's analyst, Colin W. Rusch, reduced the price target to $123 ...
Albemarle's cyclicality may attract savvy investors, and how a flat price can yield 22% annually. Click here to find out why ...
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