Lithium Miner Pilbara Minerals to Halt Australian Plant's Output [Yahoo! Finance Canada]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The ongoing slump in lithium prices and the ramp up of another processing plant at the project were behind the decision to place Ngungaju in care and maintenance from Dec. 1, Pilbara said in a filing on Wednesday. Pilbara's decision followed a move by peer Albemarle Corp. in August, when it announced it was shutting half of its processing capacity in Australia and putting expansion plans on ice. Prices of the key battery metal used in electric vehicles have more than halved over the past 12 months, leading miners to curtail production. The Perth-based company received $862 a ton for its spodumene concentrate during the three months ended September, down almost 20% on the previous quarter, it said. Revenue sunk by almost a third. Most Read from Bloomberg Businessweek ©2024 Bloomberg L.P. Recommended Stories
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ALB
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