31-07-2025
- Business
- Wall Street Journal
Albemarle Cuts Costs as Lithium Prices Slump
Albemarle ALB -0.90%decrease; red down pointing triangle is tightening its operations and cutting costs in an effort to better navigate what Finance Chief Neal Sheorey called a volatile and dynamic lithium market.
'Our job is just to keep working on the things that are in our control, because we don't really have a clear line of sight to where pricing is going,' he said Thursday.