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ALB
Albemarle Corporation
$162.29
-1.64 (-1.00%)
Summary
Stories
News
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Fundamentals
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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