What were Albemarle Corp's Q1 2026 net income and adjusted EBITDA growth rates year-over-year, and what factors drove this performance?

Albemarle Corp's Q1 2026 net income surged 672% and its adjusted EBITDA increased by 148% year-over-year, exceeding market expectations. This exceptional growth is attributed to a recovery in the lithium mining industry and rising energy storage demand fueled by AI.

How has Albemarle Corp's stock performed recently, and what is the current trend in its sector?

Albemarle Corp's stock has experienced a substantial rally, but the broader lithium mining sector is currently exhibiting range-bound volatility rather than a unilateral upward trend.