Albemarle Corporation (ALB)
| Previous Close | 226.62 |
| Open | 226.00 |
| Bid | 226.02 x 800 |
| Ask | 226.26 x 900 |
| Day's Range | 225.02 - 232.78 |
| 52 Week Range | 163.20 - 291.48 |
| Volume | |
| Avg. Volume | 1,359,479 |
| Market Cap | 26.396B |
| Beta (5Y Monthly) | 1.53 |
| PE Ratio (TTM) | 95.10 |
| EPS (TTM) | 2.37 |
| Earnings Date | Aug 02, 2022 - Aug 08, 2022 |
| Forward Dividend & Yield | 1.58 (0.70%) |
| Ex-Dividend Date | Jun 09, 2022 |
| 1y Target Est | 279.70 |
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- Reuters
UPDATE 1-Albemarle plans major U.S. lithium processing plant
Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a bullish bet on America's all-electric future, an executive said on Monday. The plan reflects Albemarle's emerging strategy to lead the U.S. lithium renaissance, from mine development to processing to manufacturing types of the metal used to make high-end EV batteries. Eric Norris, head of Albemarle's lithium division, said the company has seen a major shift in the last nine months in the United States with an "unprecedented" number of EV manufacturing plants announced, a harbinger the company believes will fuel a surge in lithium demand.
- Reuters
Albemarle plans major U.S. lithium processing plant
PHOENIX, Ariz. (Reuters) -Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a bullish bet on America's all-electric future, an executive said on Monday. The plan reflects Albemarle's emerging strategy to lead the U.S. lithium renaissance, from mine development to processing to manufacturing types of the metal used to make high-end EV batteries. Eric Norris, head of Albemarle's lithium division, said the company has seen a major shift in the last nine months in the United States with an "unprecedented" number of EV manufacturing plants announced, a harbinger the company believes will fuel a surge in lithium demand.
