Higher lithium sales drive Albemarle’s Q3 results

By Martim Facada
Published: Friday, 10 November 2017

The strong performance of Albemarle's lithium and advanced materials and bromine segments boosted its third-quarter Ebitda and sales, prompting it to raise its full-year guidance.

Higher sales volumes and higher lithium prices as well as advantageous currency exchange effects boosted Albemarle Corp’s third-quarter financial performance, it said.

Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) for the third quarter increased 11.2% to $209.3 million from $188.3 million in the third quarter of 2016, the...

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