Albemarle's Low-Cost Lithium Business Well Positioned to Benefit From Long-Term EV Sales Growth
Globally, lithium carbonate is produced from either lower-cost evaporation of brine or higher-cost mining of spodumene minerals. Albemarle has a cost advantage in lithium carbonate production due to ...
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Albemarle's Q4 Earnings and Sales Miss Estimates on Lower Pricing
Albemarle Corporation (ALB) logged earnings of 29 cents per share in the fourth quarter of 2024. In the year-ago quarter, the ...
Albemarle projects break-even free cash flow in 2025 with reduced CAPEX and cost improvements
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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Work in motion to expand artificial reef in lower Cape Fear
Work began this week to add 4 acres to an existing oyster and recreational fishing reef in the lower Cape Fear River near the ...