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Albemarle reports over $1B loss as lithium continues its price slump

The miner is cutting 6-7% of its workforce

Isabeau van Halm
The Greenbushes lithium mine in Australia.

The Greenbushes lithium mine in Australia. | Credits: Talison

Albemarle announced its results for the September 2024 quarter, reporting a net loss of $1.1 billion as lithium market prices dropped further this year. After already dropping by over 80% last year,...

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