Albemarle brings in flexible lithium contracts to aid price recovery
Published: Friday, 19 February 2021
New structures to lithium contracts will provide more flexibility to raise prices in response to improving market conditions, United States-based lithium producer Albemarle said during an earnings call on Thursday February 18.
The call followed the release of the company’s
full-year and fourth-quarter financial results for 2020.
Eric Norris, the company’s president of
lithium operations, said that new contracts would vary between
being based on a fixed price or a variable-pricing
"I can give you examples of some customers...