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Category: Albemarle

  • Baird cuts Albemarle stock rating amid lithium price concerns By Investing.com

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    Investor Empires

    On Monday, financial services firm Bird downgraded its rating. Albemarle University Chemical Company (NYSE:), a chemical company specializing in lithium, bromine, and refining catalysts. The rating was downgraded to Neutral from Outperform, and the price target was revised to $85.00 from $102.00 previously. The revision reflects Baird’s view of the…

  • Albemarle plunges to lowest in nearly four years as lithium prices keep sliding (NYSE:ALB)

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    Investor Empires

    Olemedia/E+ via Getty Images Albemarle (NYSE: ALP) ended Tuesday’s trading as the biggest loser in the S&P 500, -8.7% To its lowest level since October 2020, where Two Wall Street analysts cut their price targets. For the stock. Lowered stock price to $127 from $170 even while maintaining overweight Lithium…

  • Chile gives Albemarle option to boost lithium quota by 240,000 metric tons By Reuters

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    Investorempires.com

    SANTIAGO (Reuters) – Chile’s economic development agency Corvo said on Wednesday it had reached an agreement with… Albemarle (NYSE:) to establish an option for the US company to increase its production quota by 240,000 metric tons of lithium metal equivalent (LME). This increase would raise Albermarle’s production share by approximately…

  • PATRIOT ALBEMARLE MOU CONCLUDED By Investing.com

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    Investorempires.com

    Vancouver, British Columbia, May 15, 2024 /PRNewswire/ – May 15, 2024 ” Sydney, Australia Highlights The two parties have mutually agreed not to extend the MOU, enabling Patriot to explore a broader range of strategic partnerships in the lithium sector. Patriot has succeeded and continues to attract significant interest throughout…