Lithium giant Albemarle Corporation said Thursday it expects net revenue from lithium sales to more than double this year, with average realised prices increasing 225-250% on-year, Kallanish reports.
The company posted a 91.2% increase in its overall Q2 net sales to $1.47 billion, while net profit slid 4.2% to $406.8 million. The results reflect increased pricing driven by strong demand from diverse end markets, but a particularly strong performance in its lithium…
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