ENERGY MINERALS

Albemarle post 60% increase in sales as lithium prices rally

Albemarle assuming a $10/kg change in full-year market indices

Salar de Atacama. Source: Albemarle

Salar de Atacama. Source: Albemarle

The increase in sales was attributed to higher prices and demand for lithium. The company is increasing its full-year sales and EBITDA guidance. Net sales are now expected to be in the range of $10.4-11.5...

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