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as 07-26-2024 4:00pm EST
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.
Upcoming Earnings Alert:
Get ready for potential market movements as Albemarle Corporation ALB prepares to release earnings report on 31 Jul 2024.
| Founded: | 1994 | Country: | United States |
| Employees: | N/A | City: | CHARLOTTE |
| Market Cap: | 11.0B | IPO Year: | 1994 |
| Target Price: | $144.67 | AVG Volume (30 days): | 2.8M |
| Analyst Decision: | Buy | Number of Analysts: | 23 |
| Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
| EPS: | 2.77 | EPS Growth: | -91.12 |
| 52 Week Low/High: | $90.02 - $215.82 | Next Earning Date: | 07-31-2024 |
| Revenue: | $8,397,687,000 | Revenue Growth: | -4.27% |
| Revenue Growth (this year): | -37.81% | Revenue Growth (next year): | 19.88% |
Latest Albemarle Corporation News
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