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$Albemarle(ALB.US$ is the latest victim of a weak lithium pricing environment. Despite higher volumes leading to a 10.5% rise in net sales to US$2.31 billion, its net income dropped 66.3% YoY to US$302.5 million.
The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion.
Most of that has come as EV sales growth in China has trailed lit...
The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion.
Most of that has come as EV sales growth in China has trailed lit...
![Lithium Giants Earnings Downgrades: What is Behind Lithium Price Plunge?](https://ussnsimg.moomoo.com/feed_image/77777013/3a1b977c315233e4ac12f53090820391.png/thumb)
![Lithium Giants Earnings Downgrades: What is Behind Lithium Price Plunge?](https://ussnsimg.moomoo.com/feed_image/77777013/85bd30c415963335aa78e1a79d86260a.png/thumb)
![Lithium Giants Earnings Downgrades: What is Behind Lithium Price Plunge?](https://ussnsimg.moomoo.com/feed_image/77777013/c3fb12f93cae313ba7e616c4a58fed74.png/thumb)
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$Advanced Micro Devices(AMD.US$ Can we reach 130 tomorrow?
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