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
- 2024 Industry Research Report: Global Salt Brines Market Poised for Robust Expansion, Projected to Hit US$359.1 Million by 2030 [Yahoo! Finance]Yahoo! Finance
- Albemarle: Troubles Persist, Best To Stay Away [Seeking Alpha]Seeking Alpha
- Have lithium prices bottomed yet? [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Albemarle: West Cannot End Reliance On China's Critical Minerals [Yahoo! Finance]Yahoo! Finance
- United States $966.32 Mn Polymer Stabilizer Market to 2029 with ADEKA, BASF, Songwon Industrial, Albemarle, and Clariant International Dominating [Yahoo! Finance]Yahoo! Finance
ALB
Earnings
- 11/6/24 - Miss
ALB
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 3
- ALB's page on the SEC website