Albemarle's quarterly profit jumps on rising lithium prices
Company News · Kitco ·
Albemarle, the world's largest producer of lithium, said its quarterly profit jumped more than six-fold due to rising prices and sales of the battery metal. The results signal a turnaround for an industry that has struggled with oversupply, as tightening supply and a battery storage boom revive demand for lithium heading into 2026.