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ALB

Albemarle Corporation

$162.29

-1.64 (-1.00%)

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Feb 9Feb 12Feb 18Feb 23Feb 26Mar 3Mar 6$157.93$167.93$177.93$196.87

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Company Profile

Symbol

ALB


Market Cap

$19.13B


IPO Date

Feb 22, 1994


CEO

--


Employees

7,800


Sector

--


Industry

PLASTIC MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS


Country

United States


Exchange

--

Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants.

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