BRIEF-Albemarle CEO: Acquisitions 'not really our focus at this point in the cycle'

Reuters
Feb 12
BRIEF-Albemarle CEO: Acquisitions 'not really our focus at this point in the cycle'

Feb 12 (Reuters) - Albemarle Corp ALB.N:

  • ALBEMARLE CEO KENT MASTERS: GLOBAL LITHIUM DEMAND EXPECTED TO GROW BY 25% IN 2026

  • ALBEMARLE CEO: RECENT LITHIUM PRICE IMPROVEMENTS DO NOT OFFSET CHALLENGES FACING WESTERN LITHIUM HARD ROCK CONVERSION OPERATIONS

  • ALBEMARLE CEO: STATIONARY BATTERY STORAGE 'BECOMING AN INCREASINGLY SIGNIFICANT DEMAND DRIVER FOR LITHIUM'

  • ALBEMARLE CEO: SEEING STRONG ELECTRIC VEHICLE DEMAND, MOST NOTABLY IN ASIA AND EUROPE

  • ALBEMARLE CEO: EXPECTING 2026 GLOBAL LITHIUM DEMAND OF 1.8 MILLION TO 2.2 MILLION METRIC TONS, UP FROM 1.6 MILLION METRIC TONS IN 2025

  • ALBEMARLE CEO: 'CONFIDENT' THAT CAN MAINTAIN SAFETY, ENVIRONMENTAL, BUSINESS CONTINUITY AND PRODUCTIVITY PROJECTS AT LOWER CAPEX SPENDING LEVELS

  • ALBEMARLE CEO: DIRECT LITHIUM EXTRACTION PROJECT IN CHILE HAS BEEN FULLY COMMISSIONED AND NOW OPERATIONAL

  • ALBEMARLE CEO: CHILE DLE PILOT PLANT 'YIELDING PROMISING DATA FOR SCALE UP PURPOSES'

  • ALBEMARLE: EXPECTING CATL'S LITHIUM MINES IN CHINA TO COME BACK ONLINE IN THE COMING YEAR

  • ALBEMARLE CEO: ACQUISITIONS 'NOT REALLY OUR FOCUS AT THIS POINT IN THE CYCLE'

  • ALBEMARLE CEO: 'WE THINK WE'VE GOT GOOD ORGANIC GROWTH OPPORTUNITIES'

Source text: [ID:]

Further company coverage: ALB.N

(Reporting By Ernest Scheyder)

((ernest.scheyder@thomsonreuters.com;))

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