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's Earnings Are In-Is the Stock a Buy Now?Investors are typically – and justifiably – careful about investing in any given stock around the company’s earnings season ...
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 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 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 ...
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Albemarle Stock Outlook: Is Wall Street Bullish or Bearish?Charlotte, North Carolina-based Albemarle Corporation (ALB) develops, manufactures, and markets engineered specialty ...
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