ENERGY MINERALS

Albemarle cuts guidance on weaker lithium prices

Lithium and chemical company Albemarle reported soaring sales and income, but trimmed guidance to reflect softening lithium prices.

Albemarle cuts guidance on weaker lithium prices

 Albemarle reported net sales of US$2.6 billion, an increase of 129%, while net income rose by 389% year-on-year. "Compared to last year, first quarter net sales more than doubled, adjusted diluted...

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