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Albemarle Corp (ALB.N)

ALB.N on New York Stock Exchange

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Thu, Aug 8 2019

Albemarle to delay construction plans for 125,000 tons of lithium processing

Albemarle Corp said on Thursday it would delay construction plans for about 125,000 tons of additional lithium processing capacity as an oversupply of the white metal used to make electric vehicle batteries has pushed down prices.

UPDATE 1-Albemarle to delay construction plans for 125,000 tons of lithium processing

Aug 8 Albemarle Corp said on Thursday it would delay construction plans for about 125,000 tons of additional lithium processing capacity as an oversupply of the white metal used to make electric vehicle batteries has pushed down prices.

Albemarle to delay construction of 125,000 tons of lithium processing capacity

Aug 8 Albemarle Corp said on Thursday it would delay construction of about 125,000 tons of additional lithium processing capacity as an oversupply of the white metal used to make electric vehicle batteries has pushed down prices.

Chemicals maker Albemarle profit beats, raises 2019 earnings forecast

Albemarle Corp beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending shares of the world's largest lithium producer up over 10% in extended trading.

UPDATE 2-Chemicals maker Albemarle profit beats, raises 2019 earnings forecast

Aug 7 Albemarle Corp beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending shares of the world's largest lithium producer up over 10% in extended trading. Sales of bromine, a chemical used to make fire extinguishers, were driven by demand in flame retardants for electronics, clear completion fluids, and polymer resins, despite weakness in automotive and construction, sectors that have been hit by trade tensions

UPDATE 2-Albemarle revises Australian Wodgina joint venture as lithium market sags

* MinRes to get 40% stake in Albemarle's hydroxide plant (Recasts with Albemarle, S&P comments)

Australia's Mineral Resources to sell larger stake in Wodgina to Albemarle

Aug 1 Mineral Resources Ltd on Thursday said that Albemarle Corp, the world's largest lithium producer, would now buy a 60% stake in its Wodgina Lithium Project, instead of the previously agreed 50%.

South Korea's POSCO drops plans for Chilean battery material plant

SANTIAGO/SEOULSouth Korea's POSCO has pulled out of a project to build battery parts in Chile, the Asian steelmaker said, little more than a year after winning guaranteed access to cheap lithium from top producer Albemarle.

UPDATE 1-South Korea's POSCO drops plans for Chilean battery material plant

SANTIAGO/SEOUL, June 21South Korea's POSCO has pulled out of a project to build battery parts in Chile, the Asian steelmaker said, little more than a year after winning guaranteed access to cheap lithium from top producer Albemarle.

South Korea's POSCO drops plans for Chilean battery material plant

SANTIAGO/SEOUL, June 21South Korea's POSCO has pulled out of a project to build battery parts in Chile, the Asian steelmaker said, little more than a year after winning guaranteed access to cheap lithium from top producer Albemarle.

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