Strong lithium prices boost Albemarle's FY earnings
Published: Monday, 05 March 2018
Higher lithium prices were a key driver in a 17% year-on-year increase in Albemarle Corp’s Ebitda to $885.5 million in 2017.
Albemarle's lithium business grew by 56% in 2017 from the
previous year, contributing $137 million to its earnings before
interest, taxes, depreciation and amortization (Ebitda) in
the fourth quarter alone, the producer said.
Industrial Minerals assessed lithium carbonate min 99.5%
Li2Co3 battery grade, spot prices DDP Europe and US* at