Albemarle Corporation and lithium: Breaking free from the bearish grip?

Albemarle Corporation (NYSE: ALB)’s recent journey on the stock market mirrors the rollercoaster ride of the lithium industry. From commanding over $300 a share to plummeting to around $110 between November 2022 and April 2024, the company’s fortunes have been tied to the volatile lithium prices, which nosedived from over $80/kg to under $20/kg. In […]