9 articles
Albemarle appointed BHP executive Ragnar Udd as its new CEO effective February 1, 2027, replacing Kent Masters. The announcement caused shares to fall 2.3% as the world's largest lithium producer tran
Albemarle executives reported lithium supply is lagging demand due to African shipment disruptions and Chinese mine delays. The company raised its 2030 demand forecast by 100,000 metric tons amid risi
Albemarle reported a significant profit rebound with Q2 sales rising 31% year-over-year, driven by strengthening lithium salt prices. Adjusted EBITDA surged 155%, supported by improved market demand a
Albemarle reported a significant Q2 earnings jump to $480 million, driven by strong pricing in lithium and bromine segments. Lithium sales surged 77.9% year-over-year as average realized selling price
U.S. stocks retreated from record highs as Brent crude oil prices fluctuated near $100 amid geopolitical tensions regarding the Strait of Hormuz. While major indices declined, chemical miner Albemarle
Albemarle posted quarterly profits exceeding expectations due to rebounding lithium prices and increased sales volumes. Shares rose over 9% as supply tightened amid geopolitical tensions and strong EV
Albemarle has finalized the sale of its Ketjen catalysts business, concluding a deal originally announced in October. This divestiture represents a strategic shift within the company's specialty chemi
Albemarle announced the idling of its Kemerton hydroxide plant citing high conversion costs, with the CEO stating Western prices must increase to sustain the lithium supply chain.
Albemarle has temporarily halted operations at its Kemerton lithium hydroxide facility in Western Australia, following a previous suspension of expansion plans earlier in 2024.
ChemBrief