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.
Albemarle faces short-term challenges. But read why the long-term outlook for the lithium miner remains strong, driven by ...
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 ...
Lithium heavyweight Albemarle will mothball one of its processing plants in China as it continues cost-cutting measures that ...
Albemarle (NYSE:ALB – Free Report) had its target price reduced by BMO Capital Markets from $150.00 to $140.00 in a research ...
Albemarle Corp (ALB) reports strong energy storage growth and strategic CapEx reductions amid market volatility.
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Q4 2024 Management View CEO Kent Masters highlighted that Albemarle achieved net sales of $1.2 billion and an adjusted EBITDA of $251 million in Q4 2024, with year-over-year EBITDA improvements across ...
The Albanese government’s floundering plan to grow a domestic mineral processing industry has been boosted by the revival of ...
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