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Albemarle Stock News
$158.15
8.23%
yesterday
NYSE,
Jan 06, 10:11 pm CET
Why the stock moved Beta
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TORONTO--(BUSINESS WIRE)---- $LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (βLRCβ) congratulates Power Metals Corp. (βPower Metalsβ) on the cesium concentrate offtake agreement that it announced today with Albemarle Corporation1. Albemarle Corporation (NYSE: ALB) is a US$16 billion company and one of the leading critical mineral companies in the world with a leading position in lithium and ces...
Gas turbine maker GE Vernova is working with the U.S. government to increase its stockpiles of the rare earth yttrium, CEO Scott Strazik said on Tuesday, as China's export controls of the vital element create shortages across energy, aerospace and semiconductors.
The growing demand for lithium for energy storage is offsetting global weakness in demand from electric vehicle batteries. Management has implemented cost-cutting measures and productivity enhancements that are reducing expenses and enhancing profit potential.
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