Albemarle Reduces 2030 Lithium Demand Outlook by 10%

Monday, 19 February 2024, 12:21
Albemarle (NYSE:ALB) has revised its lithium demand forecast for 2030, lowering it by 10%. This significant adjustment by the largest lithium producer reflects changing market dynamics and potential impacts on the electric vehicle industry. The move is expected to have repercussions on the global supply chain and lithium prices, influencing various sectors reliant on lithium-based technologies.

Albemarle Revises Lithium Demand Projection

Albemarle (NYSE:ALB), the world’s largest lithium producer, has revised its lithium demand forecast for 2030, cutting...

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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