Lithium long-term agreements benefit Albemarle in Q1

By Martim Facada
Published: Monday, 13 May 2019

Long-term contracts shielded Albemarle from a global lithium price downturn in the first quarter of 2019.

The world’s largest lithium producer, Albemarle Corp, said during its first-quarter results investor call that it increased its lithium prices by 3% year on year, as a result of long-term contracts with their customers. 

The lithium producer did not provide details about prices reached with its customers, but...

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