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Albemarle Corp

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  • Friday, 16 February, 2024
    Top lithium producer Albemarle downgrades 2030 demand forecast as EV shift slows

    Chinese consumer shift to smaller battery cars that need less of the metal is also expected to cut usage

    Lithium brine evaporation ponds at Albemarle’s lithium mine in Silver Peak, US
  • Monday, 27 November, 2023
    Lithium
    Mining tycoons battle over lithium’s ‘corridor of power’ in Australia

    Local billionaires disrupt consolidation as industry positions itself for boom in mineral vital to electric cars

    A desert tract near Kalgoorlie, best known for Australia’s largest open-pit gold mine
  • Tuesday, 7 November, 2023
    Albemarle warns of losing lithium market share to China as prices fall

    World’s biggest producer has scaled back its growth plans at a time when Chinese rivals pursue development

    A pool of brine containing lithium carbonate and a mound of salt bi-product
  • Monday, 16 October, 2023
    Albemarle abandons Australian lithium deal after Gina Rinehart builds stake

    US company has walked away from a $4.2bn takeover of Liontown citing ‘growing complexities’

    Australian billionaire Gina Rinehart
  • Tuesday, 10 October, 2023
    Hancock Prospecting Pty Ltd
    Australia’s richest person raises stake in lithium producer, threatening $4.3bn takeover

    Gina Rinehart’s Hancock Prospecting is muscling in on Albemarle’s mine proposal

    Gina Rinehart smiles in a portrait picture
  • Monday, 2 October, 2023
    LexMining
    Rinehart/Liontown: heavy metal billionaire seeks something lighter Premium content

    Albemarle’s margin for victory over buying lithium miner reduces every time Hancock increases its stake

    Gina Rinehart, centre, during the construction of Roy Hill mine in the Pibara region, Western Australia in 2014
  • Monday, 4 September, 2023
    Lex
    Albemarle/Liontown: US lithium producer willing to pay up down under Premium content

    If the chemical group’s bid for the Australian company goes ahead, it will be one of the biggest lithium mining deals to date

    Aerial view of pool of brine containing lithium carbonate
  • Friday, 21 April, 2023
    Chile
    Chile’s president moves to bring lithium under state control

    Leftwing leader Gabriel Boric also promises to impose stricter environmental rules

    A worker stirs lithium with his hand in Chile
  • Tuesday, 24 January, 2023
    Albemarle cites Biden’s green subsidies package as it raises guidance

    Group says US Inflation Reduction Act will boost electric car demand

    An Albemarle mine in Chile
  • Thursday, 29 December, 2022
    Lithium
    World’s biggest lithium producer bets on prices staying high despite supply rush

    Albemarle says market for key battery metal transformed by electric vehicle sales

    An Albemarle lithium mine in the Antofagasta region of Chile
  • Saturday, 19 November, 2022
    Commodities
    Livent warns of lithium roadblock to rollout of electric cars

    CEO says supply crunch will hit cheaper models hardest as manufacturers prioritise more profitable vehicles

    People looking at a Tesla car on display at a showroom in Beijing
  • Sunday, 7 August, 2022
    Batteries
    Carmakers face fierce battle for lithium until 2030, warns top producer

    US company Albemarle says market will remain tight for the next seven to eight years

    An Albemarle lithium mine in Chile
  • Friday, 9 August, 2019
    Industrial metals
    Albemarle to delay construction plans as lithium prices fall

    World’s top producer of metal used in batteries aims to reduce capital expenditure by $1.5bn

    Lithium prices have fallen 12.3 per cent this year
  • Thursday, 21 February, 2019
    Shares in Albemarle jump by 6 per cent on bullish lithium forecast
  • Wednesday, 21 November, 2018
    Lithium producer Albemarle takes $1.15bn stake in Australian mine
  • Tuesday, 27 February, 2018
    Batteries
    Shares of lithium producers rattled by gloomy forecast

    Albemarle and SQM hit as Morgan Stanley warns metal price may plunge 45 per cent

    A worker walks past a pile of lithium ore at a Talison Lithium Ltd. site, a joint venture between Tianqi Lithium Corp. and Albemarle Corp., in Greenbushes, Australia, on Thursday, Aug. 3, 2017. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving significant price gains and an asset boom in Australia, already the world's largest lithium producer. Photographer: Carla Gottgens/Bloomberg
  • Thursday, 18 January, 2018
    US & Canadian companies
    Lithium stocks slide after SQM gets approval to ramp up production
  • Wednesday, 17 January, 2018
    The Short ViewAlan Livsey
    Focus on electric cars lights up lithium

    Demand for metal used in rechargeable batteries looks healthy but supply is growing

    A worker walks past a pile of lithium ore at a Talison Lithium Ltd. site, a joint venture between Tianqi Lithium Corp. and Albemarle Corp., in Greenbushes, Australia, on Thursday, Aug. 3, 2017. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving significant price gains and an asset boom in Australia, already the world's largest lithium producer. Photographer: Carla Gottgens/Bloomberg
  • Sunday, 16 April, 2017
    Batteries
    Chile leverages its lithium with manufacturing incentives

    Companies bid on projects tied to the country’s vast reserves

    An aerial view shows the brine pools and processing areas of the Soquimich (SQM) lithium mine on the Atacama salt flat, the world's second largest salt flat and the largest lithium deposit currently in production, with over a quarter of the world's known reserves, in the Atacama desert of northern Chile, January 10, 2013.
  • Thursday, 16 March, 2017
    Companies
    Albemarle boosts lithium demand forecast on faster electric vehicle uptake
  • Friday, 9 December, 2016
    FTfmJohn Dizard
    Obama’s environmental whiplash for US carmakers

    Trump may find EPA fuel-economy standards have surprising longevity, says John Dizard

    Car exhaust fumes. Pollution in the atmosphere.
  • Monday, 28 November, 2016
    Batteries
    Lithium supply predicted to keep up with demand

    Albemarle CEO says production will keep pace with growth of electric vehicles

    Salar de Uyuni in Bolivia ID 72224702 © Kseniya Ragozina | Dreamstime.com Salt lake - Salar de Uyuni in Bolivia
  • Friday, 17 June, 2016
    European companies
    BASF buys Chemetall surface treatment unit for $3.2bn

    German chemicals group makes largest purchase since 2011

    The BASF headquarters stand in Ludwigshafen, Germany, on Thursday, Feb. 25, 2010. BASF SE, the world's biggest chemical company, made a smaller-than-expected cut to its annual dividend and pledged the reduction will be a temporary blemish in its payout history as earnings improve this year. Photographer: Hannelore Foerster/Bloomberg
  • Tuesday, 15 July, 2014
    US & Canadian companies
    Chemicals maker Albemarle to buy Rockwood for $6.2bn
  • Thursday, 26 May, 2011
    Commodities
    Chinese rare earth metals prices soar
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