Albemarle Corporation
Market Cap
20B
Short interest (May 15)
9.1%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.40%
↓ 1.3%
Available Shares
1M
↓ 23.0%
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Company Overview
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants.
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