Another Lithium Mine Bites The Dust. Time To Buy? [Forbes]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: Forbes
Besieged Australian lithium producer Mineral Resources is the latest to pull the plug on a loss-making project, announcing earlier today the closure of its Bald Hill mine in Western Australia with the loss of up to 300 jobs. The Pilgangoora lithium project in Australia of Pilbara Minerals. Photographer: Carla ... [+] Gottgens/Bloomberg © 2022 Bloomberg Finance LP Another Mineral Resources lithium mine run in joint venture with Albemarle Corporation, the leading U.S. producer of the metal, is on notice that it might also close or be severely scaled back. A third example in the past week of the crisis gripping the lithium industry is a decision of Liontown Resorces to slow the development of its new Kathleen Valley mine, also in Western Australia, with the aim to achieve A$100 million in cost savings. Liontown was last year's lithium star and target of a share market raid by Australia's richest person, iron ore billionaire Gina Rinehart who bought an 18% stake in the stock at
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News
- Albemarle (ALB) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Albemarle (ALB) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Albemarle (ALB) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Global Bromine Derivative Market to Reach USD 12,037.00 Million by 2034, Driven by Rising Demand in Flame Retardants and Water Treatment | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Albemarle Co. (NYSE: ALB) had its price target raised by analysts at Robert W. Baird from $79.00 to $103.00. They now have a "neutral" rating on the stock.MarketBeat
ALB
Earnings
- 11/6/24 - Miss
ALB
Sec Filings
- 12/6/24 - Form 4
- 12/5/24 - Form SC
- 12/5/24 - Form 144
- ALB's page on the SEC website