U.S. electric car sector, wary of China, seeks more domestic lithium [Reuters]
Albemarle Corporation (ALB)
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Source: Reuters
U.S. electric car sector, wary of China, seeks more domestic lithium | Reuters 4 Min Read June 12 (Reuters) - Miners are pushing to sharply boost lithium output in the United States, as automakers in the world’s third biggest electric vehicle market are eager to cut their dependence on China for the critical battery ingredient and find more local sources. In North Carolina, Nevada and half a dozen other states, miners are working to revive the U.S. lithium industry, once the world’s largest until it fell off in the 1990s. Global demand for the lightweight material is expected to quadruple by 2025. Miners are betting U.S. expansion will pay off with orders from battery and vehicle manufacturers who are wary of relying too much on China, which is home to the majority of the world’s lithium processing facilities and sucks up most output of top producer Australia. Piedmont Lithium, a small mining company in the early stages of a plan to revive lithium production in North Carolina, was app
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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