BRIEF-Albemarle Says Overall Demand For Lithium Remains Robust, Up 30% Year To Date

Reuters

Nov 06

BRIEF-Albemarle Says Overall Demand For Lithium Remains Robust, Up 30% Year To Date

Nov 6 (Reuters) - Albemarle Corp ALB.N:

ALBEMARLE CEO KENT MASTERS: OVERALL DEMAND FOR LITHIUM REMAINS ROBUST, UP 30% YEAR TO DATE
ALBEMARLE EXPECTS AVERAGE LITHIUM PRICES OF $9.50/KG THIS YEAR
ALBEMARLE: 45% OF 2025 LITHIUM SALT SALES VOLUMES EXPECTED TO BE SOLD ON LONG-TERM AGREEMENTS WITH PRICE FLOORS
ALBEMARLE: SHOULD WE 'WELL INTO POSITIVE FREE CASH FLOW TERRITORY THIS YEAR,' BETWEEN $300 MILLION AND $400 MILLION
ALBEMARLE CEO: GLOBAL LITHIUM SUPPLY/DEMAND BALANCE HAS STARTED TO TIGHTEN
ALBEMARLE CEO: LITHIUM DEMAND FOR STATIONARY STORAGE SHOULD JUMP 2.5 TIMES BY 2030
ALBEMARLE CEO: NORTH AMERICA FASTEST GROWING REGION FOR STATIONARY STORAGE, ESPECIALLY FOR AI POWER CENTERS
ALBEMARLE CEO: CHINESE LITHIUM PRICES CLOSER TO $10/KG TODAY
ALBEMARLE CEO: NOT CONSIDERING RESTARTING IDLED LITHIUM PROCESSING CAPACITY FOR NOW
ALBEMARLE CEO: 'WE'RE VERY HAPPY TO SEE THE U.S. GOVERNMENT FOCUS ON CRITICAL MINERALS'
ALBEMARLE CEO: EXPECTS A 'MIX OF THINGS' NEEDED TO HELP WESTERN MINERALS FIRMS, INCLUDING PUBLIC-PRIVATE PARTNERSHIPS
ALBEMARLE CEO: WILL NOT FORECAST 2026 UNTIL NEXT EARNINGS CALL IN JANUARY

Source text: [ID:]

Further company coverage: ALB.N

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Demand For Lithium Remains Robust, Up 30% Year To Date</title></head><body><p><span>Nov 6 (Reuters)</span><span> - </span>Albemarle Corp <span>ALB.N</span>:</p><ul><li><p>ALBEMARLE CEO KENT MASTERS: OVERALL DEMAND FOR LITHIUM REMAINS ROBUST, UP 30% YEAR TO DATE</p></li><li><p>ALBEMARLE EXPECTS AVERAGE LITHIUM PRICES OF $9.50/KG THIS YEAR</p></li><li><p>ALBEMARLE: 45% OF 2025 LITHIUM SALT SALES VOLUMES EXPECTED TO BE SOLD ON LONG-TERM AGREEMENTS WITH PRICE FLOORS</p></li><li><p>ALBEMARLE: SHOULD WE 'WELL INTO POSITIVE FREE CASH FLOW TERRITORY THIS YEAR,' BETWEEN $300 MILLION AND $400 MILLION</p></li><li><p>ALBEMARLE CEO: GLOBAL LITHIUM SUPPLY/DEMAND BALANCE HAS STARTED TO TIGHTEN</p></li><li><p>ALBEMARLE CEO: LITHIUM DEMAND FOR STATIONARY STORAGE SHOULD JUMP 2.5 TIMES BY 2030</p></li><li><p>ALBEMARLE CEO: NORTH AMERICA FASTEST GROWING REGION FOR STATIONARY STORAGE, ESPECIALLY FOR AI POWER CENTERS</p></li><li><p>ALBEMARLE CEO: CHINESE LITHIUM PRICES CLOSER TO $10/KG TODAY</p></li><li><p>ALBEMARLE CEO: NOT CONSIDERING RESTARTING IDLED LITHIUM PROCESSING CAPACITY FOR NOW</p></li><li><p>ALBEMARLE CEO: 'WE'RE VERY HAPPY TO SEE THE U.S. GOVERNMENT FOCUS ON CRITICAL MINERALS'</p></li><li><p>ALBEMARLE CEO: EXPECTS A 'MIX OF THINGS' NEEDED TO HELP WESTERN MINERALS FIRMS, INCLUDING PUBLIC-PRIVATE PARTNERSHIPS</p></li><li><p>ALBEMARLE CEO: WILL NOT FORECAST 2026 UNTIL NEXT EARNINGS CALL IN JANUARY</p></li></ul><p>Source text: [ID:]</p><p>Further company coverage: <span>ALB.N</span></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Albemarle Says Overall Demand For Lithium Remains Robust, Up 30% Year To Date</title>\n<style 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21:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-Albemarle Says Overall Demand For Lithium Remains Robust, Up 30% Year To Date</title></head><body><p><span>Nov 6 (Reuters)</span><span> - </span>Albemarle Corp <span>ALB.N</span>:</p><ul><li><p>ALBEMARLE CEO KENT MASTERS: OVERALL DEMAND FOR LITHIUM REMAINS ROBUST, UP 30% YEAR TO DATE</p></li><li><p>ALBEMARLE EXPECTS AVERAGE LITHIUM PRICES OF $9.50/KG THIS YEAR</p></li><li><p>ALBEMARLE: 45% OF 2025 LITHIUM SALT SALES VOLUMES EXPECTED TO BE SOLD ON LONG-TERM AGREEMENTS WITH PRICE FLOORS</p></li><li><p>ALBEMARLE: SHOULD WE 'WELL INTO POSITIVE FREE CASH FLOW TERRITORY THIS YEAR,' BETWEEN $300 MILLION AND $400 MILLION</p></li><li><p>ALBEMARLE CEO: GLOBAL LITHIUM SUPPLY/DEMAND BALANCE HAS STARTED TO TIGHTEN</p></li><li><p>ALBEMARLE CEO: LITHIUM DEMAND FOR STATIONARY STORAGE SHOULD JUMP 2.5 TIMES BY 2030</p></li><li><p>ALBEMARLE CEO: NORTH AMERICA FASTEST GROWING REGION FOR STATIONARY STORAGE, ESPECIALLY FOR AI POWER CENTERS</p></li><li><p>ALBEMARLE CEO: CHINESE LITHIUM PRICES CLOSER TO $10/KG TODAY</p></li><li><p>ALBEMARLE CEO: NOT CONSIDERING RESTARTING IDLED LITHIUM PROCESSING CAPACITY FOR NOW</p></li><li><p>ALBEMARLE CEO: 'WE'RE VERY HAPPY TO SEE THE U.S. GOVERNMENT FOCUS ON CRITICAL MINERALS'</p></li><li><p>ALBEMARLE CEO: EXPECTS A 'MIX OF THINGS' NEEDED TO HELP WESTERN MINERALS FIRMS, INCLUDING PUBLIC-PRIVATE PARTNERSHIPS</p></li><li><p>ALBEMARLE CEO: WILL NOT FORECAST 2026 UNTIL NEXT EARNINGS CALL IN JANUARY</p></li></ul><p>Source text: [ID:]</p><p>Further company coverage: <span>ALB.N</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2106854487.HKD","symbol_name":"ALLIANZ THEMATICA \"AMG\" (HKD) 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PRICES OF $9.50/KG THIS YEARALBEMARLE: 45% OF 2025 LITHIUM SALT SALES VOLUMES EXPECTED TO BE SOLD ON LONG-TERM AGREEMENTS WITH PRICE FLOORSALBEMARLE: SHOULD WE 'WELL INTO POSITIVE FREE CASH FLOW TERRITORY THIS YEAR,' BETWEEN $300 MILLION AND $400 MILLIONALBEMARLE CEO: GLOBAL LITHIUM SUPPLY/DEMAND BALANCE HAS STARTED TO TIGHTENALBEMARLE CEO: LITHIUM DEMAND FOR STATIONARY STORAGE SHOULD JUMP 2.5 TIMES BY 2030ALBEMARLE CEO: NORTH AMERICA FASTEST GROWING REGION FOR STATIONARY STORAGE, ESPECIALLY FOR AI POWER CENTERSALBEMARLE CEO: CHINESE LITHIUM PRICES CLOSER TO $10/KG TODAYALBEMARLE CEO: NOT CONSIDERING RESTARTING IDLED LITHIUM PROCESSING CAPACITY FOR NOWALBEMARLE CEO: 'WE'RE VERY HAPPY TO SEE THE U.S. GOVERNMENT FOCUS ON CRITICAL MINERALS'ALBEMARLE CEO: EXPECTS A 'MIX OF THINGS' NEEDED TO HELP WESTERN MINERALS FIRMS, INCLUDING PUBLIC-PRIVATE PARTNERSHIPSALBEMARLE CEO: WILL NOT FORECAST 2026 UNTIL NEXT EARNINGS CALL IN JANUARYSource text: [ID:]Further company coverage: ALB.N","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}