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Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Founded: 1994 Country:
United States
United States
Employees: 9000 City: CHARLOTTE
Market Cap: 15.4B IPO Year: 1994
Target Price: $162.71 AVG Volume (30 days): 3.3M
Analyst Decision: Buy Number of Analysts: 22
Dividend Yield: 1.22% Dividend Payout Frequency: Quarterly
EPS: 2.77 EPS Growth: -91.12
52 Week Low/High: $106.69 - $247.44 Next Earning Date: 05-01-2024
Revenue: $8,397,687,000 Revenue Growth: -4.27%
Revenue Growth (this year): -38.4% Revenue Growth (next year): 21.05%

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