|Bid||0.00 x 1400|
|Ask||0.00 x 2900|
|Day's Range||230.95 - 237.48|
|52 Week Range||90.07 - 253.10|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||36.60|
|Earnings Date||Nov. 03, 2021|
|Forward Dividend & Yield||1.56 (0.67%)|
|Ex-Dividend Date||Sep. 16, 2021|
|1y Target Est||232.00|
Mineral Resources Ltd will restart operations at the Wodgina lithium mine it owns with Albemarle Corp next year, the Australian miner said on Monday, on improving demand for the metal used in making electric vehicle (EV) batteries. Lithium prices have soared to more than three-year highs https://www.reuters.com/business/autos-transportation/surge-electric-vehicle-sales-power-lithium-prices-shortages-loom-2021-09-13, as the green transition is set to see a surge in demand for electric vehicles. The mine in Western Australia's Pilbara region has a capacity to process 750,000 tonnes per year of spodumene concentrate, a mineral from which lithium is extracted, but has been idle since November 2019 when the lithium market was weak.
HUN vs. ALB: Which Stock Is the Better Value Option?
Strong end-market demand and benefits of self-help actions are likely to reflect on the Q3 performance of Westlake (WLK), Tronox (TROX) and Chemours (CC) and Albemarle (ALB).