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Stock impact report

Pilbara Minerals May Double Lithium Output From Australian Mine [Yahoo! Finance]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Yahoo! Finance
confidence that prices in the key battery metal have stabilized after 2023's slump. Most Read from Bloomberg Car Dealerships Across US Halt Services After Cyberattack CDK Tells Car Dealers Their Systems Likely Offline Several Days Putin's Hybrid War Opens a Second Front on NATO's Eastern Border United Airlines Jet Turns Back After Engine Piece Falls Off Hedge Fund Talent Schools Are Looking for the Perfect Trader The company is looking to expand concentrate production to about 2 million tons per annum over the coming years, pending a final investment decision on its A$1.2 billion ($800 million) plan, it said in a statement Friday. A smaller expansion to lift output to 1 million tons is already under construction. Approving another ramp-up would be a big bet by Pilbara Minerals that prices of lithium spodumene are over the worst, after China's benchmark index slumped 81% last year amid a supply glut. While prices have stabilized in 2024 and long-term forecasts are bulli Show less Read more
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