AT A GLANCE: Covid-19, automotive downturn hit lithium producer Albemarle’s Q2 results

By Dalila Ouerghi
Published: Thursday, 06 August 2020

A summary of US-based lithium producer Albemarle’s results for the second quarter of 2020, as stated in its quarterly report published on Wednesday August 5.

In brief

Sales from the lithium division were down by 12.6% year on year in the second quarter of 2020 to $283.7 million due to lower lithium prices.Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) for the lithium division...

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