Albemarle Corp

ALB: XNYS (USA)
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Albemarle Earnings: Falling Unit Production Costs Should Stabilize Results Amid Low Lithium Prices

Albemarle reported sequentially improving adjusted EBITDA as unit cost reductions were partially offset by lower lithium prices. Albemarle shares were up on the day (May 1) as the company maintained its outlook for breakeven free cash flow for the year.

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