Union at Albemarle Atacama plant rejects new contract offer, strike continues [Reuters]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: Reuters
REUTERS/Ivan AlvaradO/File Photo SANTIAGO (Reuters) - A Chilean union at Albemarle Corp, the world's top lithium producer, said on Monday it had rejected the company's latest labor contract offer, leaving workers to continue a walk off that has extended for more than a month. The 135-member “Albemarle Salar” union, which comprises about half the workers at its key Salar production plant, went on strike in August after failing to reach a deal with the U.S.-based lithium miner. The company maintains the extended walk-off has yet to hit its output of lithium. The union said in a statement issued Monday that the latest deal offered nothing beyond two prior proposals that were also rejected. The union called the contract offer “discriminatory” and said it would only foster salary inequality among its workers. Albemarle told Reuters it regretted the union's decision but rejected its claims of unfairness. “The Salar [union] aspires to a bonus for the termination of the conflict tha
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News
- On Lithium's Frontier, Miners Are Betting on a Greener Second Act [Yahoo! Finance]Yahoo! Finance
- On Lithium's Frontier, Miners Are Betting on a Greener Second Act [BNN Bloomberg (Canada)]BNN Bloomberg
- Here's Why Albemarle (ALB) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Flame Retardant Market for Engineering Resins Market worth $2.9 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Flame Retardant Market Size is projected to reach USD 16.53 billion by 2031, growing at a CAGR of 7.5%: Straits Research [Yahoo! Finance]Yahoo! Finance
ALB
Earnings
- 2/14/24 - Beat
ALB
Sec Filings
- 3/28/24 - Form 10-K/A
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form DEF
- ALB's page on the SEC website