NYSE: ALB
Albemarle Corporation (NYSE: ALB) produces lithium and bromine for mobility, energy, connectivity and health end markets. It reports two segments.
Energy Storage sells lithium salts and spodumene, measured on a lithium carbonate equivalent basis, to customers in the electric vehicle and grid/energy storage battery supply chains. About one-third of total volumes are sold under long-term agreements. This segment draws on resources including the Talison (Greenbushes) lithium joint venture held through Windfield Holdings, the Wodgina spodumene operation, Chilean brine operations, and the Kemerton conversion facility in Australia, where Train 1 is being placed into care and maintenance.
Specialties sells bromine and derivatives, along with lithium specialties, into semiconductors, oil and gas, flame retardants, pharmaceuticals, automotive and petrochemical markets. It operates partly through the Jordan Bromine Company joint venture.
In March 2026, Albemarle sold a 51% controlling stake in Ketjen's refining catalyst solutions business and its 50% interest in the Eurecat joint venture. Refining catalyst earnings and the retained Performance Catalyst Solutions business are now reported within Corporate. Updated
Albemarle flipped to a $296.8 million profit from a year-ago loss as realized lithium prices nearly doubled to $20.02 per kg LCE. Management already flagged that Q4 steps down sequentially on softer market pricing and higher-cost spodumene inventory.
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Albemarle Corporation (NYSE: ALB) produces lithium and bromine for mobility, energy, connectivity and health end markets. It reports two segments.
24/7 Wall St.'s 12-month price target for ALB is $101.41, rated Buy. The Wall Street consensus target is $154.68. ALB price prediction →
