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0.000545906596229979 0.00111161291356673 0.000215911244450252 0.000451622210007142 -0.000208368493552312 -0.0105796509780591 -0.00803397255004373 0.00252587870690848
Stock impact report

Albemarle: West Cannot End Reliance On China's Critical Minerals [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
marketplace for metals and minerals in a bid to make the West less dependent on China. “Critical minerals are another example. That sector is marked by extreme price volatility, widespread corruption, weak labor and environmental protections, and heavy concentration in the PRC, which artificially drops prices to keep competitors out of the marketplace. If we and our partners fail to invest, the PRC's domination of these and other supply chains will only grow, and that will leave us increasingly dependent on a country that has demonstrated its willingness to weaponize such dependencies,” Sullivan said. Well, it appears that beating China's hegemony in critical minerals and rare earths is easier said than done. According to Kent Masters, CEO at Albemarle Corp . (NYSE:ALB), attracting investments into the sector is going to be an uphill battle amid the ongoing lithium and rare earths price crash. ‘‘ Were trying to pivot to the west . . . the prices we see in the market don't really Show less Read more
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