Albemarle

  • Albemarle Reports Lower Earnings Amid Lithium Market Challenges

    BY John Davis
    Albemarle Corporation posted its financial results for Q4 and the full year of 2024, reflecting the impact of lower lithium prices despite cost reduction efforts. The company implemented efficiency measures to remain competitive but did not meet analyst expectations due to a lithium supply glut driven by overproduction in China. Chairman and CEO Kent Masters...
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