Albemarle shares are trading lower following reports suggesting that the company booked an $820 million charge for the closure of the Kemerton lithium hydroxide refinery and warned of additional charges. The stock may be falling alongside a drop i...

Albemarle Corporation

Albemarle Corporation

ALB

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Albemarle shares are trading lower following reports suggesting that the company booked an $820 million charge for the closure of the Kemerton lithium hydroxide refinery and warned of additional charges. The stock may be falling alongside a drop in lithium prices and the ongoing oversupply of the critical metal.
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